Authorities from the Economic and Financial Crimes Commission have apprehended a suspect identified as Osang Otukpa for reportedly defrauding 139 individuals from Australia of $AUD8,000,000.
Otukpa was taken into custody at Murtala Mohammed International Airport in Lagos upon his return from the United States on December 6, 2024.
According to a statement released by the EFCC’s Head of Media and Publicity, Dele Oyewale, the suspect allegedly used multiple aliases such as Ford Thompson, Oscar Donald Tyler, Michael Haye, Jose Vitto, and Kristin Davidson to deceive victims into investing in his deceitful cryptocurrency scheme called Liquid Asset Group.
Oyewale mentioned that the illicit funds obtained from the fraud were transferred to the suspect’s bank accounts using a global cryptocurrency exchange platform.
Upon the completion of investigations, the suspect is expected to face legal charges.