Chairman of the Economic and Financial Crimes Commission, Ibrahim Magu, says mothers of internet Fraudsters now have a group they call “Yahoo Yahoo Mothers Association”.
Magu stated this on TVC’s programme journalists hangout while responding to questions on EFCC’s role in the reported arrest of a Nigerian social media celebrity ‘Hushpuppi’.
“Yahoo boys have an association with their mothers who do not feel what their children are doing is a crime actually. It is called the “Yahoo Yahoo Mothers Association, a suitation where the mother would go abroad and the child would stay there and help them syphon funds from credit card fraud,” Magu said.
Speaking on the agency’s role in Hushpuppi’s arrest, he said:“We are yet to be involved in the case of Hushpuppi, but if they happen to give us this thing (details) we would assist.”
He also said the EFCC is not all about arrest and prosecution of internet fraudsters but, also involved in rehabilitating the suspects.
“We are not all about arresting, prosecuting and chasing of internet fraudsters, and taking away the proceeds of their crime, but we are also trying to see wether we can rehabilitate them.
“Because most of this boys are either undergraduate or graduate from higher institutions, so they can be better people to our country.
“The menace of Yahoo boys is also a course of concern, we are collaborating with other law enforcement agencies,” he added.