Not less than 60 young men have been arrested by Operatives of the Lagos Command of the Economic and Financial Crimes Commission (EFCC).
They were arrested by the EFCC on suspicion that they engage in have internet fraud.
The young men were arrested at an awards ceremony at the Conference Hotel in Abeokuta, Ogun State.
The EFCC said investigation revealed that the event tagged ‘Peer Youths Awards,’ was organised to reward high-level internet fraudsters.
Items recovered from the suspects at the point of arrest include exotic cars, electronic devices, laptop computers and mobile phones.