The Economic and Financial Crimes Commission (EFCC) has arrested a Nigerian-American citizen for allegedly defrauding victims of over $320,000 (approximately ₦434.88 million) in a vehicle import scheme.
Operatives from the EFCC’s Ilorin Zonal Directorate arrested Adegoke Oluwatobi Adams upon his return to Nigeria. Adams is being investigated for criminal breach of trust and obtaining money by false pretence.
According to preliminary investigations by the EFCC, Adams is linked to a syndicate based in the United States that targets unsuspecting Nigerians with promises of importing luxury vehicles.
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Adams allegedly advertised and circulated photos of a 2024 Mercedes-Benz G63 AMG, promising to purchase and ship the vehicle to buyers in Nigeria. Two men who fell victim reportedly paid a combined $320,000. Ikechukwu Osita Ifeabunike paid $145,000 through an intermediary, while Godson Azubuike Amans paid $175,000 for the same vehicle.
Adams’ method of scam involved taking payments without delivering the promised vehicle, a classic advance-fee fraud tactic adapted to the high-value luxury car market.
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According to the EFCC, investigations also revealed that Adams has a prior criminal record in the United States related to the illegal acquisition of vehicles. This history adds weight to the current allegations and suggests a pattern of fraudulent activity across borders. Adams will be arraigned in court once investigations are concluded.
While the investigation is going on, it’s important to note that to avoid being a victim of fraud like this, you should ensure you work with licensed importers, verifiable dealerships, and official payment gateways that offer buyer protection.