The Economic and Financial Crimes Commission, EFCC has arrested wo suspected fraudsters who allegedly defrauded a foreign investor of $7.9 million.
Wilson Uwujaren, spokesman for the EFCC said the fraudsters, Mr. Victor Uadiale and Captain Nnaji Everest were arrested separately in connection to the scam.
According to him, Uadiale, the principal suspect, is the arrow head of an international syndicate vast in defrauding international businessmen seeking investment opportunities in Nigeria.
Uadiale allegedly invited the investor, a businessman from the Middle East, to invest in the flourishing oil sector in Nigeria.
