Self-Acclaimed Bureau De Change Operator, Mompha Arrested By EFCC For Fraud

Published 3 weeks ago by: Chris_brazz
at 04:51 PM, 22/10/2019 (3 weeks ago)

(3570 | Gistmaniac) (m)



Ismaila Mustapha, a self-acclaimed bureau de change operator whose posh lifestyle has made him a darling of Instagram users, has been arrested by anti-graft operatives.

Multiple sources at the anti-graft EFCC told us Mr Mustapha was arrested in connection to alleged graft.

Specifics of Mr Mustapha’s offence, especially the amount and illicit trade involved, could not be immediately obtained. He is detained by the EFCC in Lagos.

Wilson Uwujaren, a spokesperson for the EFCC, confirmed Mr Mustapha had been taken into custody by anti-graft detectives, but declined to provide further details in the meantime.

The arrest was reportedly a joint operation between Interpol and the EFCC. But Umar Garba, Nigeria’s head of Interpol, us although he had learnt of the arrest, all enquiries should be treated by the EFCC as the primary law enforcement institution in charge of the investigation.

News of the arrest of Mr Mustapha, widely known by his business moniker ‘Mompha’, spread quickly as a rumour across Nigerian social media Monday evening.

Mr Mustapha has cut a personality of one of Nigeria’s wealthiest socialites on social media, using Instagram to post pictures of his family’s wealth.

In some of his most recent posts on his verified Instagram page, which has nearly 650,00 followers, Mr Mustapha featured a yellow Ferrari and a 2020 Rolls Royce Wraith Eagle VIII he claimed to have purchased for N180 million.


Those who knew Mr Mustapha said he has been into bureau de change business for many years and lives in Dubai with his young family, photos of whom he also frequently posted on his page.

Mr Mustapha was described by those who have met him in Dubai as one of the wealthiest Nigerians in the Emirate’s commercial capital.

Still, anti-graft operatives remained concerned by Mr Mustapha’s opulence and continued to follow his financial trail, an official said.

It was unclear whether the suspect had contacted his legal representatives and when he would be charged to court.

The arrest comes as EFCC ramps up its collaboration with international crime-busting bodies like the Interpol and United States Federal Bureau of Investigation to check Internet fraud and other white-collar crimes linked to Nigerians.

Since August, hundreds of Nigerians have been arrested in a sweeping crackdown on suspected Internet fraudsters and money laundering gangs in the U.S. and Nigeria. Some of those arrested during that time have convicted and sentenced to prison by Nigerian courts.

Problem with this article? Please contact us



Psalmbes at 04:58 PM, 22/10/2019 (3 weeks ago)
(352 | Upcoming) (m)

Remaining hushpoppi by the grace of God ALMIGHTY
Reply
jahlovesme at 05:07 PM, 22/10/2019 (3 weeks ago)
(2687 | Gistmaniac) Online (m)

hushpuppi go don japa
Reply

LATEST COMMENTS

  1. Doyourworst on: Photo: "He Like To Call Me Peaches When We Get This Nasty"- Tanzanian Video Vixen, Sanchoka
    Ovokoo!...Ovokoo!!..Thank God for his perfect job on you!. And also for my eyes, for they can see!..... 9 mins ago
  2. dopygenius on: I Do Not Take Weed - Wizkid
    People go just dey ask useless questions to all this celebrities, interview my ass ... 11 mins ago
  3. james987 on: PHOTOS: Kogi State Governor Uses Badly Dressed Children Of The Poor For Election Campaign
    No group of politicians or political party has insulted Nigerians as APC has done in recent years,sh... 28 mins ago
  4. dopygenius on: Ghanian Actress, Lydia Forson Fires Back At Those Criticizing Her For Being Single At 35
    People should learn how to Mind their business and focus on their own problems, if she like may she ... 28 mins ago
  5. james987 on: Busola Dakolo Release Official Statement On Court Ruling Set To Appeal The Decision
    More money to be spent... 35 mins ago