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Bawa: EFCC Has Recovered $20m Worth Of Cryptocurrency From Fraudsters - Crime (2) - Nairaland 6d642v

Bawa: EFCC Has Recovered $20m Worth Of Cryptocurrency From Fraudsters (23345 Views)

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GIANTPLUSHUB: 3:16pm On Jun 15, 2021
Mheen
nurez305(m): 3:16pm On Jun 15, 2021
shocked
geezynoni: 3:16pm On Jun 15, 2021
Abi they collected as bribe
Geeman2006: 3:17pm On Jun 15, 2021
but I thought crypto was banned in Nigeria undecided
Theunbothered: 3:17pm On Jun 15, 2021
Another mouthpiece for the Buhari regime, all these talks about regulating twitter and cryptocurrency are coordinated because the government sees them as a threat to their vice grip on power.

They can't use the typical mafia style of blocking s without court orders so they want to stop the flow of cryptocurrency entirely.

It won't work, all it will do is drive Nigerians to store their money overseas to trade in cryptocurrency which aids foreign banks.

By the time this istration is over it may take years to repair the damage they have caused, not just to the country's economy but it's international reputation.

2 Likes 1 Share

harmargedon: 3:17pm On Jun 15, 2021
Audio money.
walozanga(m): 3:18pm On Jun 15, 2021
How can u people give a good if it to the government. Fraudsters rubbing fraudsters. IMAGINE person joking with my wallet na die we dey
Re: Bawa: EFCC Has Recovered $20m Worth Of Cryptocurrency From Fraudsters by Nobody: 3:18pm On Jun 15, 2021
Geeman2006:
but I thought crypto was banned in Nigeria undecided
na you ban am? undecided
flexyrule(m): 3:18pm On Jun 15, 2021
Hugged:


“As it is now today, we have about $20 million worth of cryptocurrency because we also created our own crypto wallet to recover cryptocurrency. We are now recovering the proceeds of crime.

Two wrongs don't make a right, but they make a good excuse.
Sirmuel1(m): 3:18pm On Jun 15, 2021
GeneralPula:
I once asked this question..


What does EFCC do with recovered stolen funds?

For example now. There’s $20m in EFCC crypto wallet. What are they intending to do with it?

Why not take out $5m and distribute to all the motherless babies home across the nation?



Don't stress yourself, the money is gone
Victorclean1: 3:19pm On Jun 15, 2021
Hmmmmm hope it won't be used to Fulani ideology.
Emk5556: 3:22pm On Jun 15, 2021
It's a lie. As far as it's this same efcc that I know, it's a lie.
GeneralPula: 3:22pm On Jun 15, 2021
Sirmuel1:




Don't stress yourself, the money is gone

Imagine that brother..

So sad sad
Theunbothered: 3:22pm On Jun 15, 2021
Maxymilliano:
And how did he know that such investments are all proceeds of fraud ?

This is the thing many ers of the regime don't understand, our rights are slowly being trampled upon and due process is in the gutter. Yet they are busy dancing and celebrating because Buhari is president.

It's madness!
castrokins(m): 3:23pm On Jun 15, 2021
Malami Is Also Fraudulently Using Cryptocurrency?

2 Likes 1 Share

24kmagic: 3:23pm On Jun 15, 2021
I need a factory Job in Abuja
Plomo: 3:24pm On Jun 15, 2021
Stop saving wallets and wallet apps on your phone to avoid stories that touch.

Memorize your s.
yusluvad(m): 3:25pm On Jun 15, 2021
Lucrative indeed...
SportsHD:
I see why magu had 7 oil laden ships amongst other loots.

Efcc is one lucrative job.
Chuksgeo: 3:25pm On Jun 15, 2021
hmmm
yusluvad(m): 3:26pm On Jun 15, 2021
It is well...
Sirmuel1:



Don't stress yourself, the money is gone
Patrioticman007(m): 3:27pm On Jun 15, 2021
Sonnobax15:
grin

In as much as I hate and dislike Yahoo,I still think it has created alot of jobs to the youths more than our useless FG wey only know how to steal and loot....

As for una wey depend on only Yahoo as a source of living,I pray you shouldn't fall victims of whatever magnitude of agony you've caused your victims...

Why pray for criminals not to reap what they sow ?.
The damages caused by yahoo boys can only be remedied by Allah, not any human.
Leetika: 3:28pm On Jun 15, 2021
Hungry bunch of officials.. they arrest these people so the boys can in turn pay them to be free.. u need to see the fraud going on in efcc by this officials
OmoManU: 3:29pm On Jun 15, 2021
The thing is there should be another agency or whatever to be auditing EFCC too
wink2015(m): 3:29pm On Jun 15, 2021
EXTRA-JUDICIAL SEIZURES AND EXTORTION BY THE "FULANI POLICE" WORKING FOR THE INTEREST OF THE FEDERAL GOVERNMENT WITHOUT A FAIR TRIALS.

It is also part of Buhari 's ANTI SOUTH POLICY cum FULANIZATION AGENDA !

HOW MANY NORTHERNERS HAVE THE FULANI POLICE RAPED THEIR OR SEIZE HUGE AMOUNT OF MONEY FROM?
Kubernetes: 3:30pm On Jun 15, 2021
Maxymilliano:
And how did he know that such investments are all proceeds of fraud ?

The agency has all the mechanisms and the infrastructure which you don't know. The efcc has a software that if they put your bvn and run the software, its gonna bring all your s in the entire banking platforms in Nigeria including all your cards, including all your transactions, including all where the money is coming from and where it went to.infact the software has an AI field that can dig out all the alternative e channels those money came from. Its just that he will not mention such critical information in the public.
Bankowner: 3:31pm On Jun 15, 2021
This is a blatant lie! America is the first country to ever mention that it recovered cryptocurrency from hackers, now Nigeria wants to be the second. As if we have the technology to do such. Who did this to us?

1 Like

wirinet(m): 3:31pm On Jun 15, 2021
Maxymilliano:
And how did he know that such investments are all proceeds of fraud ?
Don't mind them. How did he know the cryptos were proceeds of fraud, when crypto transactions cannot be traced. It's even more astonishing how they are able to recover funds from crypto s of others. Most probably they tortured people into revealing their s and keys.

Finally what's happens to the seized crypto? Since cryptos are not officially recognized by the CBN and only very few people has access to the crypto s, it means only them know how much is in the s and only them can transfer funds out if the s.

1 Like 1 Share

Jollylolly(f): 3:31pm On Jun 15, 2021
Fahdiga1:
Then where is it?

have you check underneath your bed beside the Kolo?
Queenserah26(f): 3:32pm On Jun 15, 2021
Okay...

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