“Yahoo Boys Mothers Now Forming Association” – EFCC Boss, Magu

Acting chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu, on Thursday alleged that mothers of internet fraudsters, known locally as Yahoo boys, are now forming an association.

The EFCC has been on the trail of internet fraudsters since the turn of the year.

The anti-graft agency is working with foreign agencies like the Federal Bureau of Investigation (FBI) in the US in its clampdown on internet fraudsters.

Mr Magu told journalists at the agency’s Lagos office in Ikoyi at the ongoing EFCC stakeholders conference on crusade against cybercrime fraudsters that such parents always justify their children’s activities with the arguments that they were supporting their families in the place of irresponsible, runaway or dead fathers.

Magu said the EFCC’s interest was not just to arrest the ‘Yahoo’ boys but also to see to their rehabilitation.

The EFCC (Lagos Office) said it made 300 cybercrime-related arrests since January and had secured 200 convictions.

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