Local News

Police arrests Bureau de Change operator for scamming Chinese man $2.4 million

Mr. Yusuf allegedly collected N2.8 billion from the complainant, Xing Hui Yao, for the purchase of $13.6 million, its equivalence.

The Economic and Financial Crimes Commission, EFCC, says it has arrested and detained a Bureau de Change operator alleged to have duped a Chinese national of $2.4 million.

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In a statement on Thursday, the spokesperson of the commission, Wilson Uwujaren, identified the suspect as Rabiu Yusuf.

Mr. Yusuf allegedly collected N2.8 billion from the complainant, Xing Hui Yao, for the purchase of $13.6 million, its equivalence.

According to Mr. Uwujaren, Ms. Yao further alleged that the suspect paid her only $11.2 million and fraudulently diverted the $2.4 million.

“The suspect has already volunteered statement, while investigation continues,” the EFCC spokesman said.

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