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

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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 Arrests Abuja 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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