The suspected fraudsters being paraded
They were arrested following a tip-off by an anonymous source.
The suspects are: Okorokpa Clifford, Ejechi Rukeme Clarence, Omoagbere Nelson, Olamide Agbi, Prosper Williams, Zhenom Moses, Nasiru Saudi Ali, Shakajede Okiemute, Okoro Andrew and Amorighoye Laju Precious.
Some of the items recovered from the suspects were exotic cars, laptops and smart phones.
They will be charged to court as soon as investigations are concluded.
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