How 'Yahoo boys' stole funds from a Nigerian judge's bank account

The Chairman of Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has revealed how suspected internet fraudsters, commonly referred to as “Yahoo boys,” stole 7.2 million Naira from a Nigerian judge’s bank account.

In a video shared by Nigerian Affairs Journal on July 4, 2026, he said the fraudsters reportedly accessed the judge’s account and withdrew 7.2 million Naira.

"She had just been scammed of money she had put together for 6 years to send a child to school in the UK. In fact, it was the alert that woke her up; she received debit notes at such an hour. Was it the bank that was working at the time? Before she knew it, she was scammed," he recounted.

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According to him, the incident raised legal complications because it occurred in a state where a court order had restricted the EFCC from investigating certain financial crimes.

Despite the restriction, the judge reportedly insisted that her case required immediate intervention.

He noted that although the court order limited the Commission’s operations in that jurisdiction, the urgency of the case made it difficult to ignore.

“She had a scam of 7.2 million naira. She put a call to me, ‘Chairman, do something,’ Olukoyede recounted.

Olukoyede further disclosed that the EFCC acted swiftly to trace the stolen funds and successfully recovered the amounts before 6 p.m. the following day.

He also remarked that the experience could influence the judge’s future judicial stance, suggesting that if any application comes before her seeking to restrain the EFCC’s mandate, she may be less likely to grant it after personally experiencing the impact of financial fraud.

The EFCC is a Nigerian law enforcement and anti-graft agency that investigates financial crimes and unknown transactions such as advance fee fraud and money laundering.

See the video below:

EFCC Chairman Ola Olukoyede has revealed how Yahoo boys (internet fraudsters) stole N7.2m from a judge’s bank account, prompting the judge to call him at 1am over the issue.

Speaking further, Olukoyede said he told the judge that the incident occurred in a state where the EFCC… pic.twitter.com/R0hEfx6StF

— Nigerian Affairs Journal (@NigAffairs) July 4, 2026