In an extraordinary display of integrity, officers from the Zone 2 Police Command in Onikan, Lagos, turned down a bribe of N174 million offered by 28-year-old suspected internet fraudster, Patrick Akpoguma. Akpoguma, known for his involvement in various cybercrimes, including romance scams, cryptocurrency fraud, and identity theft, was arrested after an extensive investigation.
During a press briefing on Wednesday, Assistant Inspector General (AIG) of Police, Adegoke Fayoade, explained that the investigation into Akpoguma began on November 7, 2024, after suspicious activities linked to him were reported by residents of Chevron Drive, Lekki.
“Patrick Akpoguma confessed to his involvement in romance scams and cryptocurrency fraud,” AIG Fayoade stated. “He impersonated prominent figures, such as a U.S. Army officer and a cryptocurrency expert, to deceive unsuspecting victims, primarily through blockchain transactions. He even purchased a $11,200 silicone mask using a fake Instagram account to enhance his disguises.”
Akpoguma admitted to defrauding more than seven victims, accumulating over $500,000 (approximately N460 million). The funds were used to purchase luxury properties in Lagos and Edo State, as well as a Mercedes-Benz GLE valued at N100 million.
In a desperate attempt to avoid prosecution, Akpoguma offered a bribe of $100,000 (N174 million) to the police, but the officers rejected the offer. The money was collected as evidence, and the investigation continued.
Speaking to reporters, Akpoguma expressed his surprise at the transparency and integrity shown by the police. “I never expected this kind of transparency from the Nigerian police. It’s a step in the right direction,” he said.
A graduate of Mechanical Engineering, Akpoguma revealed that he resorted to fraud three years ago as a quick means to wealth. “I thought fraud would help me get on my feet after school, but I now realize it doesn’t last. I urge others like me to focus on legitimate ways to make a living,” he remarked.
The suspect is set to face charges related to cybercrime and bribery in court. AIG Fayoade called on citizens to report any suspicious activities, assuring the public that the police remain committed to fighting crime and ensuring justice is served.