EFCC arrests herbalists with $3.4m, €280,000 counterfeit notes after swindling lady of N26.5m
Operatives of the Ibadan Zonal Directorate of the Economic and Financial Crimes Commission (EFCC) have arrested five herbalists with $3.43 million, €280,000 counterfeit notes after allegedly swindling a lady, Halima Sanni, of N26.55 million.
The development was made known by the anti-graft agency in a statement that was made available to newsmen on Wednesday.
The herbalists: Akingbola Omotayo, Adeola Funsho Ogunrinde, Yahaya Amodu, Kubratu Babalola Olaitan (female) and Familola Sunday Olaitan, were arrested on December 7 and 8, 2025 at their shrines in Osun and Lagos States.
Investigation revealed that the suspects were allegedly defrauding unsuspecting individuals of their legitimate earnings under the pretence of providing spiritual cleansing and solutions to different ailments.
They also allegedly assured their victims of their powers to conjure several currency notes, which must be cleaned up by a genie through spiritual sacrifice, before spending the money.
They did all these by hypnotising their victims to provide money for the sacrifice, the EFCC said in the statement.
Other items recovered from them included two exotic cars and mobile phones.
The suspects will be charged to court as soon as investigations are concluded, the statement added.
