EFCC arrests Nigerian record label boss Kashy over his alleged involvement in internet fraud

The Nigerian Economic and Financial Crimes Commission (EFCC) announced on their social media page that they have arrested Babatunde Oyerinde Abiodun aka Kashy, who owns Cash Nation Entertainment, a popular record label in the country.

Kashy was arrested at his residence in Lekki, Lagos Island for allegedly involving in cyber fraud. This was made known in a post shared on the official EFCC page on Monday, June 29.

The anti-graft agency claimed in its report that an investigation has been underground for months into suspicious lifestyle of Kashy. It was also disclosed that one of Kashy’s domestic identified as Thomas AliuAkwu made a confession about his involvement in his boss’ fraudulent dealings.

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