The Ibadan Zonal Office of the Economic and Financial Crimes Commission, EFCC, has arrested five suspected scammers.
The suspects Paul Adeleke (21), Tayo Adebiyi (22), Ogundile Ademola James (23) and Okali Ugochukwu (21) are students of the Federal University of Technology, Akure (FUTA), while the fifth, Akinsanmi Olusola Adeniyi (21), studies at Adekunle Ajashin University, Akungba (AAUA).
EFCC disclosed that they were picked up at an off- campus residence located at Anuoluwapo Close, Stateline Hotel Road, off FUTA South Gate, Akure, the Ondo State capital, on Friday.
The suspects allegedly duped foreigners and others over N16million via the internet.
Adeleke is a 300-Level student of Building Technology, while James and Adeniyi are both 400-Level students of Agricultural Resources and Mathematics respectively.
Ugochukwu is a 200-Level student of Urban and Regional Planning, while Adebiyi is a 300 level student of Mathematics at the AAUA.
EFCC has already recovered a 2006 black Toyota Highlander with registration number Lagos LND 112 EG, 2010 light-green Toyota Camry with registration number Lagos AAA 850 EF, laptops, three Apple iPhone 6 and three Blackberry phones from suspects.
Head, Public Affairs, Ibadan Zonal Office of the commission, Mr. Ayo Oyewole, said implicating documents were also found on the seized laptops.
He added that the suspects would be arraigned soon.