By using this site, you agree to the Privacy Policy and Terms & Conditions.
Accept
Okay.ngOkay.ngOkay.ng
Font ResizerAa
  • News
    • Politics
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Reading: EFCC Operatives Storm Astrax Autos In Lekki, Seizes 29 Exotic Cars
Share
Font ResizerAa
Okay.ngOkay.ng
  • News
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Search
  • News
    • Politics
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Follow US
  • About Okay.ng
  • Advertising on Okay.ng
  • Contact Okay.ng
  • Careers
  • Meet the Team behind Okay.ng
  • Ownership and Funding of Okay.ng
  • Editorial Principles at Okay.ng
© OKN MEDIA PUBLISHING 2022 - All rights reserved
News

EFCC Operatives Storm Astrax Autos In Lekki, Seizes 29 Exotic Cars

Farouk Mohammed
By Farouk Mohammed
Published: November 28, 2018
Share
2 Min Read
SHARE

Operatives of the Economic and Financial Crimes Commission (EFCC) seized a total of 29 exotic cars during a raid on the office of a Lagos-based car dealer, Astrax Auto Shop.

okay.ng learnt that the raid followed intelligence report received by the Commission on the activities of the operators of the auto shop, who are said to be a syndicate of organized Internet fraudsters.

The Commission explained that investigation revealed that the syndicate, which specializes in Business Emails Compromise, BEC, in the United States of America, USA, usually moves proceeds of its alleged illicit business to a nominated bank account owned by their mules in the United States.

The syndicate members purportedly launder the proceeds through money order, which they use to purchase cars in American auctions and ship same to Nigeria for sale.

- Advertisement -

EFCC had earlier arrested one of the syndicate members, Olusegun Micheal Adeyemi. In his statement to the commission, Adeyemi confirmed one Tayo Onilogbo Yusuf as the Managing Director of Astrax Autos and Automobile.

The cars recovered from the syndicate include four Toyota Corolla; seven Toyota Camry; two Toyota Highlander; two Toyota Venza; two Range Rover; one Ford SUV; three Mercedes Benz; one Toyota 4runner; one Toyota Sienna; four Honda Accord; one Toyota Sequoia and one Kia car.

Stay Updated on the Go with Our Latest News—Join Our WhatsApp Channel Now!
TAGGED:Astrax AutosEFCCLekki
Share This Article
Facebook Whatsapp Whatsapp Telegram Email Copy Link Print
ByFarouk Mohammed
Publisher
Follow:
Farouk Mohammed is a Head Editor at Okay Nigeria (Okay.ng). He has been publishing for 10 years and focused more on Local/World News on Okay.ng
Previous Article Chief Obi Drops “OVA” [Listen]
Next Article Ortom Orders Arrest of Buyers, Sellers of PVCs

Connect with Okay on Social

FacebookLike
XFollow
InstagramFollow
TelegramFollow

Dollar/Naira Rates

Okay.ng Logo

Parallel Market Rates

USD
Buy₦1,550.00
Sell₦1,565.00
GBP
Buy₦1,760.00
Sell₦1,790.00
EUR
Buy₦2,135.00
Sell₦2,170.00

Updated: 14 hours ago

Displayed rates are for informational purposes only and are subject to change.

Quick Converter

0.00
ShareShareShare

Rates are for informational purposes only.

Okay.ng Logo Parallel Market Rates
USD
Buy
Sell
GBP
Buy
Sell
EUR
Buy
Sell
| okay.ng
- Advertisement -
- Advertisement -
Ad imageAd image
- Advertisement -
Ad imageAd image

Recent Posts

Elon Musk
Elon Musk Announces America Party Formation, Declares ‘You Shall Have It’
International
Tax Reforms committee
Nigeria’s Tax Reform Journey Continues, Says Committee Chairman Taiwo Oyedele
Economy
MTN Mega Billion Promo: How Nigerians Are Winning Big
Partners
As Nigerian Banks Resume Naira Debit Card International Transactions: Limits You Should Know
News
Former Nigerian Army Chief Advocates for Compulsory Military Training
News
- Advertisement -
Ad imageAd image

You May Also Like

PoliticsTop stories

NNPP Declares Rabiu Kwankwaso Will Not Contest 2027 Presidency on Its Platform

Oluwadara Akingbohungbe
Oluwadara Akingbohungbe
July 5, 2025
NSA Nuhu Ribadu
Security

Tinubu Administration Making Headway Against Nigeria’s Security Challenges, NSA Ribadu Affirms

Oluwadara Akingbohungbe
Oluwadara Akingbohungbe
July 5, 2025
Politics

Aregbesola Warns ADC Supporters Against Insults, Urges Fact-Based Engagement with APC

Muhammad A. Aliyu
Muhammad A. Aliyu
July 5, 2025
Okay.ngOkay.ng
Follow US
© OKN MEDIA PUBLISHING 2025 - All rights reserved
  • About Okay.ng
  • Advertising on Okay.ng
  • Contact Okay.ng
  • Careers
  • Meet the Team behind Okay.ng
  • Ownership and Funding of Okay.ng
  • Editorial Principles at Okay.ng
adbanner
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?