The suspects arrested and some of the cars recovered

Operatives of the Economic and Financial Crimes Commission, EFCC, have arrested a 30-year-old hotelier and 79 others for internet fraud in Lagos.

Oladimeji Olusegun Ogunfolaju, owner of Lakers Hotel and Lake County Entertainment in Lagos, and 79 others were arrested on Saturday by the anti-graft agency.

The hotel, alleged to be a haven for Internet fraudsters, is being guarded by armed security men from three security agencies, including the Nigerian Army, the Nigeria Police and the Nigerian Navy.

The suspects were arrested during a sting operation on the hotel located at 29, Ebute-Igbogbo Road, Ikorodu, Lagos on Saturday, March 7, 2020, following an intensive surveillance and intelligence gathering by the Commission about their alleged criminal activities.

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According to the EFCC, the suspect in his statement admitted to have built the hotel, which housed a night club and a strip bar, from the proceeds of internet fraud in 2017.

The anti-graft agency said about 60 of the suspects had volunteered useful information, leading to further investigation.

Some of the items recovered from the suspects at the point of arrest include exotic cars, jewelry, mobile phones and some documents.

The commission said they would soon be charged to court.