EFCC Arrests Abuja Billionaire Hyginus Nkwocha for Alleged Internet Fraud and Money Laundering

EFCC arrests Abuja billionaire Hyginus Nkwocha for alleged internet fraud and money laundering, recovering luxury cars and electronics.

The Economic and Financial Crimes Commission (EFCC) has arrested Abuja-based billionaire Hyginus Nkwocha for alleged internet fraud and money laundering.

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EFCC spokesperson Dele Oyewale revealed that Nkwocha was apprehended at Ever Green Estate in Lugbe, Abuja, after intelligence linked him to fraudulent activities.

Recovered items include $2,200, multiple luxury cars, and high-end electronics.

Properties linked to Nkwocha in Lagos and Abuja have also been identified.

The investigation is ongoing, and Nkwocha will face court proceedings once it is completed.

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