Police in Uselu, Edo State, have arrested a suspect in connection with a case of cryptocurrency fraud reported by an American female citizen.
The suspect allegedly defrauded the victim of $550,000 between October 2025 and January 2026 by impersonating prominent government officials and other notable public figures to gain her trust. The victim was then induced to transfer funds through cryptocurrency platforms.
Investigation Findings
According to a police statement, further investigation revealed that the proceeds of the crime were laundered through the acquisition of five vehicles and an unfinished property in Benin City, all of which have been secured as exhibits.
In addition to the seized assets, counterfeit $10,000 was also recovered from the suspect, as stated in the statement signed by DCP Anthony Okon Placid, Force Public Relations Officer, Force Headquarters, Abuja.
Arrest Operation
The suspect was arrested on 26th March 2026, in a well-coordinated operation conducted in Benin City, Edo State, between 23rd and 26th March 2026. Operatives of INTERPOL National Central Bureau, INTERPOL NCB, Abuja, acted on credible intelligence to successfully track and apprehend the suspect.