Operatives of the Economic and Financial Crimes Commission (EFCC) have arrested a Nigerian man, Osang Usie Otukpa accused of defrauding 139 Australians out of $8 million through a fraudulent cryptocurrency investment scheme.
The suspect was apprehended at the Murtala Mohammed International Airport, Ikeja, Lagos, upon his arrival from the United States.
This was disclosed in a statement released on the agency’s X (formerly Twitter) on Friday, revealing that Otukpa employed multiple aliases, including Ford Thompson, Oscar Donald Tyler, Michael Haye, Jose Vitto, and Kristin Davidson, to carry out the scam.
According to the statement, the fraudulent activities revolved around a rogue cryptocurrency platform named Liquid Asset Group, which Otukpa promoted extensively on social media.
It further stated that victims were lured into investing in the platform, resulting in significant financial losses.
The EFCC revealed that proceeds from the scam were funnelled into Otukpa’s bank accounts via a global cryptocurrency exchange platform.
The statement reads: “Operatives of EFCC have arrested a suspected online fraudster, Osang Usie Otukpa, for allegedly duping 139 Australians to the tune of $AUD8,000,000.
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“He was picked up in a stakeout at the Murtala Mohammed International Airport, Ikeja, Lagos, upon arrival from the United States of America on Friday, December 6, 2024.
“Otukpa, who goes by five aliases—Ford Thompson, Oscar Donald Tyler, Michael Haye, Jose Vitto, and Kristin Davidson—scammed the victims by luring them on social media to invest in his rogue cryptocurrency investment platform, Liquid Asset Group.
“The proceeds of the alleged crimes were routed to his bank accounts through a global cryptocurrency exchange platform.
“He would be charged to court upon conclusion of investigations.”
