Operatives of the Ilorin Zonal Directorate of the Economic and Financial Crimes Commission (EFCC) have arrested a Nigerian-American, Adegoke Oluwatobi Adams, over an alleged cross-border vehicle import fraud involving more than $320,000, estimated at about ₦434.88 million.
Adams, who reportedly holds dual citizenship of Nigeria and the United States, is being investigated for alleged criminal breach of trust and obtaining money under false pretences.
According to preliminary investigations by the anti-graft agency, the suspect is allegedly linked to a syndicate based in the United States that specializes in defrauding unsuspecting Nigerians by offering to purchase and import vehicles from the U.S. on their behalf.
Investigators alleged that while residing in the United States, Adams advertised and circulated photographs of a 2024 Mercedes-Benz G63 AMG, promising prospective buyers in Nigeria that he would purchase and ship the luxury vehicle to them.
Findings by the EFCC indicate that two victims allegedly paid a combined sum of $320,000 for the vehicle. One of the victims, Ikechukwu Osita Ifeabunike, reportedly paid $145,000 through an intermediary, while another victim, Godson Azubuike Amans, allegedly paid $175,000 for the same vehicle.
The commission further disclosed that investigations uncovered what it described as a prior criminal record involving the suspect in the United States, allegedly linked to the unlawful acquisition of vehicles.
Adams was arrested by EFCC operatives upon his return to Nigeria and is currently assisting investigators with ongoing inquiries.
The anti-corruption agency stated that the suspect will be charged to court upon the conclusion of investigations.