The Economic and Financial Crimes Commission, EFCC, yesterday said it arrested two suspected fraudsters who allegedly defrauded a foreign investor of $7.99 million through a non-existent oil deal.
Spokesman for the commission, Wilson Uwujaren, who gave the identities of the suspects as Victor Uwadiale and Captain Nnaji Everest, said they were arrested separately by the operatives in Festac area and another part of the state.
Uwujaren described Uadiale as the principal suspect and arrow head of an international syndicate, which specialised in defrauding international businessmen seeking investment opportunities in Nigeria.