The Economic and Financial Crimes Commission (EFCC) has announced the arrest of Hyginus Nkwocha, a 35-year-old individual suspected of involvement in internet fraud and estimated to possess a net worth of at least one billion dollars, in Abuja.

As detailed in a statement released on Thursday by the EFCC’s spokesperson, Dele Oyewale, Nkwocha was apprehended on Wednesday at the Ever-Green Estate in the Lugbe area of Abuja.

Oyewale disclosed that Nkwocha’s apprehension was the culmination of a meticulously orchestrated operation, based on substantiated intelligence, that substantiated his involvement in internet-related criminal activities. It is believed that the suspect accumulated a considerable fortune through illicit online activities.

The EFCC spokesperson provided a detailed account of the items recovered from Nkwocha, which included a sum of $2,200, an iPhone 15 Pro Max, a Samsung Galaxy S24 Ultra, a Samsung Galaxy S21 Ultra, an iPhone 13 Pro Max, and a MacBook. In addition to the electronic devices, luxury items such as a gold chain and pendant, a gold bracelet, and a gold necklace were also confiscated.

Furthermore, the agency disclosed the recovery of several high-end vehicles, including a Mercedes Benz ML 350, a Chevrolet Camaro, and a Mustang car.

Additionally, several high-end vehicles were recovered, including a Mercedes-Benz ML 350, a Chevrolet Camaro, and a Mustang.

Additionally, several properties were recovered at the following locations: Cookies Court 2, Ocean Palm Estate, Ajah, Lagos; Unit C8, Lugbe Airport Road, Abuja; and Cookies Court 2, 2nd Avenue, Ocean Palm Estate, Ogombo, Lagos State.