Chairman of the Economic and Financial Crimes Commission Mr. Ibrahim Magu has revealed that Instagram celebrity Mompha and his Lebanese accomplice, Hamza Koudeih were their biggest catch in October 2019.
He made this known during an interactive session with newsmen on in Abuja.

The EFCC chairman also disclosed that the commission recorded no fewer than 200 arrests of Internet fraud suspects in October alone.

He said their biggest arrest is Instagram celebrity Ismaila Mustapha also known as Mompha who was a kingpin of an Organised Cyber Syndicate Network allegedly laundered a total of N33 billion.
Five wristwatches valued at over N60 million were recovered from Mompha at the point of arrest.
Investigation has also revealed that he operates 51 bank accounts in Nigeria with which he acquired properties in Dubai and had laundered about N14 billion through Ismalob Global Investments Limited.

EFCC boss also added that there were also clear messages to high end fraudsters that they can only run, but cannot hide, sooner than later, we will get them.
The effort to flush out all fraudsters continues.
At the same time, we will sustain the tempo of vigorous prosecution of fraud cases in court.

Fraudsters account for a huge percentage of the 890 convictions that has been recorded by the commission this year.
A number of assets have been seized, while victims have also enjoyed restitution by order of court, he said.
While noting that the battle is far from being won, the anti-corruption czar renewed his appeal for the support of stakeholders, especially the media, for the commission.

He also added that the youths, who were mostly involved in cyber fraud, needed sensitization to the consequences of their actions not only to their future but to the nation’s image and economy.
The youth must learn the virtues of integrity and hard work as the path to sustainable wealth.
They must realise that crime does not pay rather it will destroy their prospects and ruin their chances of decent living.
For those who are remorseful and prepared to turn a new leaf, the commission is fully disposed to help in channeling their energies and cyber skills to positive venture.
We are considering a policy that will help in the rehabilitation of convicted, but repentant internet fraudsters.