EFCC Nabs Man Who ‘Laundered’ $150,000 Bitcoins Through Obi Cubana

Operatives of the Economic and Financial Crimes Commission, EFCC, in Lagos have arrested one Precious Ofure Omonkhoa for an alleged bitcoin investment scam who allegedly laundered his funds through the Cubana group owned by socialite, Obinna Iyiegbu aka Obi Cubana.

 GreenWhiteGreen GWG reports that Obi Cubana was recently arrested and detained by the EFCC for four days allegedly on financial crimes. It was, however, could not be immediately confirmed if the unfolding case against Precious Omonkhoa was among the issues brought before the billionaire socialite while he was in detention.

A statement made available to  GreenWhiteGreen GWG deposed that Omonkhoa was arrested on November 8, 2021 in the Ikoyi area of Lagos, following credible intelligence received by the Commission about his illegal activities.

He allegedly posed as Moshem Cnich, a Swedish national, to defraud unsuspecting victims of their hard- earned money by claiming that he runs a bitcoin scheme, where people invest money to make huge returns.

Preliminary investigation also revealed that the suspect engaged in a dating scam and had defrauded two victims in Canada.

Upon his arrest, the suspect confessed to EFCC operatives to have laundered the proceeds of his fraudulent activities by purchasing a piece of land worth $150,000USD (One Hundred and Fifty Thousand United States Dollars) through bitcoin from CASA-Cubana, a project being run by the Cubana Group owned by Obi Cubana.

Upon his arrest, the sum of $50,000USD was found in his bitcoin wallet.

The suspect according to the EFCC will soon be charged to court.

Send Us A Press Statement Advertise With Us Contact Us

 And For More Nigerian News Visit GWG.NG