Video how Nigerian Billionaire, Mompha was arrested over alleged Internet fraud and Money Laundering has surfaced online.
The Economic and Financial Crimes Commission (EFCC), Lagos office, arrested the renowned Social Media celebrity, Ismaila Mustapha popularly known as Mompha for an alleged involvement in internet related fraud and money laundering.
The suspect, a premium and first class customer of one of the popular international airlines, was arrested on Friday 18, October 2019 at the Nnamdi Azikiwe International Airport, Abuja on his way to Dubai Emirate following series of intelligence reports received by the Commission.
According to the EFCC operatives, “actionable cross border intelligence received from collaborative law enforcement agencies about his alleged involvement in the criminal activities further strengthened our suspicion”.
Ismaila who allegedly perpetrates his fraudulent activities under the guise of being a Bureau de Change operator is always seen with his little son flaunting huge amount of foreign currencies on his social media platforms.
Investigations have also revealed that Ismaila is only using the BDC business, he jointly owned with his siblings, as a decoy to launder his proceeds of crime.
In a video sighted by TheNewsGh.Com, Mompha was asked to walk and flaunt all assets that was with him which he did.
He was also mocked in the video to walk calmly as rich as he constantly claims to be.
Watch Video Below: