How we dupe people online, three Yahoo boys confess

-Three young fraudsters who specialize in internet fraud are presently in the custody of EFCC

-The fraudsters have also confessed to their crimes

-The fraudsters have been identified as Davies Ayomide Rapheal, Adeyemi Adewumi Segun and Oyewole Segun.

Three internet fraudsters known as Yahoo boys have been apprehended by the Economic and Financial Crimes Commission (EFCC).

The internet fraudsters who have since confessed to their crimes have been identified as Davies Ayomide Rapheal, Adeyemi Adewumi Segun and Oyewole Segun.

They are apprehended for their their alleged involvement in phony online purchases from designated auction sites.

READ ALSO: Internet fraudsters arrested in Ibadan with Juju (photo)

The also confessed to having accomplices abroad. 27-year-old Raphael said he used pose as a car buyer on auction sites.

“I usually pose like a genuine buyer and engage any seller in a bid to purchase a car.

“After the seller had agreed to the terms of purchase, I go online to edit any PayPal receipt online to reflect whatever agreement reached which includes cost of purchase and the accrued percentage for shipping.

“Our cohorts abroad, collect the shipping cost which had been added to the cost of the car on the PayPal receipt and send it to either Adeyemi or Oyewole who receives it in Nigeria for us to share.”

READ ALSO: EFCC on trail of 30-member email fraud gang that stole $60000

Raphael, a drop-out also confessed to a romance scam and recruiting his colleagues, Adeyemi and Oyewole into the syndicate.

“I made about N2.5m from the various scams from which I bought a car, Honda Accord (EOD).”

Meanwhile, a 9-year-old Nigerian recently captured the internet after sharing his plans for the future.

The child has said that he wants to become the internet fraudster when he grows up.

His video has since gathered thousands of views and counting.

Watch video of Nigerian Yahoo boys caught in Malaysia.

Source: Legit.ng