Breaking: EFCC Arrests Man For $200,000 Bitcoin Fraud, Suspect Linked To Cubana Group

The Economic and Financial Crimes Commission (EFCC) has arrested one Precious Ofure Omonkhoa for an alleged bitcoin investment fraud.

Trixx NG learnt Precious was apprehended in the Ikoyi area of Lagos, following credible intelligence about his illegal activities.

In a statement released by head of media, Wilson Uwujaren said the suspect allegedly posed as Moshem Cnich, a Swedish national, to defraud unsuspecting victims.

Uwujaren stated that investigation revealed that Precious engaged in a dating scam and had defrauded two victims in Canada.

Precious revealed that he ran a bitcoin scheme where people invest money to make huge returns.

He said, “The suspect confessed to have laundered the proceeds of his fraudulent activities by purchasing a piece of land worth $150,000 through bitcoin from CASA-Cubana, a project being run by the Cubana Group”.

Uwujaren noted that following Precious arrest, $50,000 was found in his bitcoin wallet. He will soon be charged to court.

Cubana Group is owned by popular billionaire businessman, Obinna Iyiegbu popularly known as Obi Cubana, who was recently arrested by the EFCC.

It was not disclosed if Cubana was questioned about Precious’ transaction with CASA-Cubana during his detention in Abuja.