The Economic and Financial Crimes Commission (EFCC) has arrested Precious Ojo, aka obago, a suspected internet fraudster in Oghara, Delta State.
According to a statement released on Wednesday, the suspect was arrested by operatives of the Benin Zonal Command of the commission.
The anti-graft commission said that the 26-year-old was arrested following a petition received from a United States of America citizen, on his fraudulent activities.
The petitioner had alleged that the suspect impersonated one Raymond Bush who works in the US Treasury to defraud her of $268,000.00.
The suspect was arrested at his hotel in Oghara.
He confessed to building the luxury hotel with his alleged proceeds of crime.
Other items recovered from him include a Mercedes-Benz car with personalised plate number and mobile phones.
The EFCC said that the suspect will be arraigned in court soon.
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