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    HomemetroInternet fraud: Chinese nationals lose $222000 to FG

    Internet fraud: Chinese nationals lose $222000 to FG

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    Justice Alexander Owoeye of the Federal High Court sitting in Ikoyi, Lagos, has ordered the final forfeiture of digital assets worth $222,729.86 USDT recovered from Chinese nationals linked to cyber-terrorism and internet fraud.

    The Economic and Financial Crimes Commission disclosed this in a statement on Monday, following the court order delivered on July 21, 2025.

    The forfeited assets were recovered from members of a syndicate arrested during a December 10, 2024 raid in Lagos, codenamed the “Eagle Flush Operation.”

    According to the EFCC, the suspects, including the Chinese nationals, were part of a group of 792 individuals arrested for alleged cryptocurrency investment scams and online romance fraud.

    The commission stated, “Justice Owoeye gave the order, following an ex parte motion filed on July 18, 2025 by the EFCC, through its counsel, Zeenat Atiku.”

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