Higher institutions, such as universities, polytechnics and colleges of education in Nigeria, are increasingly becoming breeding grounds for youths engaged in advanced fee fraud, commonly known as 'Yahoo Yahoo.
' More students are now opting for a fast but dangerous way to make money in an attempt to impress and outshine their peers on campuses across the country. Instead of focusing on learning, these students choose to deceive unsuspecting victims, using the proceeds to purchase luxury cars and socialise with attractive companions while in school.
reported in April that EFCC operatives arrested 19 students of Akwa Ibom State University in Mkpat-Enin, Akwa Ibom State, for alleged internet-related offenses. Some of the suspects were allegedly involved in romance scams, fraudulent cryptocurrency transactions and impersonation. Just last week, EFCC arrested about 70 students of Obafemi Awolowo University in Ile-Ife, Osun State, for suspected internet-related offenses.
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