Operatives of the Economic and Financial Crimes Commission (EFCC), Ilorin Zonal Directorate, have arrested a Nigerian-American, Adegoke Oluwatobi Adams, over alleged involvement in a cross-border vehicle import fraud valued at more than $320,000 (about ₦434.88 million).
The suspect, who holds dual citizenship of Nigeria and the United States, is being investigated for alleged criminal breach of trust and obtaining money by false pretence.
According to preliminary findings, Adams is believed to be part of a syndicate operating from the United States that allegedly defrauds Nigerians by posing as legitimate vehicle dealers offering importation services.
Investigators said the suspect allegedly advertised a 2024 Mercedes-Benz G63 AMG while based in the United States, circulating images of the vehicle to prospective buyers in Nigeria and promising to purchase and ship it upon payment.
Two victims were reportedly involved in the transaction, collectively paying $320,000 for the non-existent vehicle. One of the victims allegedly paid $145,000 through an intermediary, while another paid $175,000 for the same car.
The EFCC further disclosed that investigations revealed a prior criminal record linked to the suspect in the United States involving alleged illegal vehicle acquisition.
The suspect was arrested upon his return to Nigeria by EFCC operatives in Ilorin and is expected to be arraigned in court after the conclusion of investigations.
