
ILORIN – Operatives of the Economic and Financial Crimes Commission (EFCC), attached to the Ilorin Zonal Directorate, have arrested a Nigerian-American dual citizen, Adegoke Oluwatobi Adams, over his alleged involvement in a sophisticated cross-border vehicle import racket valued at more than $320,000 (approximately ₦434.88 million).
Adams is currently under intense interrogation for an alleged criminal breach of trust and obtaining money under false pretences.
According to preliminary intelligence gathered by the anti-graft agency, the suspect is a key operative in a United States-based syndicate. The network allegedly targets unsuspecting Nigerian buyers by posing as legitimate automobile dealers capable of sourcing, purchasing, and shipping high-end vehicles from the US.
The G-Wagon Trap
The syndicate’s operations came to light after Adams allegedly advertised a pristine 2024 Mercedes-Benz G63 AMG (popularly known as a G-Wagon) to prospective buyers in Nigeria, using circulated photographs to lure interested parties.
EFCC investigators revealed that Adams managed to sell the exact same luxury vehicle to two different buyers simultaneously, collecting full payments from both.
The victims, identified as Ikechukwu Osita Ifeabunike and Godson Azubuike Amans, fell prey to the scheme. Ifeabunike reportedly funneled $145,000 through an intermediary, while Amans parted with $175,000, bringing the syndicate’s total illicit haul from the single vehicle to $320,000.
A History of Fraud
A deeper dive into the suspect’s background by the Commission uncovered a prior criminal record in the United States, where Adams had previously been flagged by American law enforcement for offences tied to the illegal acquisition of automobiles.
Believing he was out of reach of his victims, Adams recently returned to Nigeria. However, tracking operatives from the EFCC’s Ilorin office closed in on him shortly after his arrival.
An EFCC official, speaking on the condition of anonymity because they are not authorized to speak publicly on ongoing investigations, confirmed that the suspect will be formally arraigned in a court of competent jurisdiction as soon as the anti-graft agency wraps up its findings. Efforts are also underway to track down other international members of the syndicate.
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