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Nigeria arrests nearly 800 in raid on crypto pig butchering hub

Nigeria arrests nearly 800 in raid on crypto pig butchering hub

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Source: Coin Telegraph

Nigeria’s anti-corruption agency arrested 792 suspected to be involved in a crypto romance scam scheme based out of the country’s largest city.

Nigeria’s anti-corruption agency has arrested 792 people in a raid on a building in the country’s largest city — which it suspects was a hub for a massive crypto romance scam operation.

The suspects, arrested at the building on Dec. 10 in Lagos, included 148 Chinese and 40 Filipino nationals, an Economic and Financial Crimes Commission (EFCC) spokesperson told Reuters on Dec. 16.

“Nigerian accomplices were recruited by the foreign kingpins to prospect for victims online through phishing, targeting mostly Americans, Canadians, Mexicans and several others from European countries,” the EFCC spokesperson said.

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Author: Jesse Coghlan