Police Reject $100,000 Bribe from Internet Fraudster

In a commendable act of integrity, operatives of the Zone 2 Police Command, Onikan, Lagos, turned down a $100,000 bribe (approximately N174 million) from a 28-year-old suspected internet fraudster, Patrick Akpoguma. The suspect, alleged to be involved in a range of cybercrimes, including romance scams, identity theft, cryptocurrency fraud, ritualism, and cultism, reportedly offered the bribe to avoid prosecution.

Fraudulent Activities and Arrest

The investigation into Akpoguma’s activities began on November 7, 2024, following reports from residents of Chevron Drive, Lekki, where he resided. According to Adegoke Fayoade, the Assistant Inspector General (AIG) of Police overseeing Zone 2, Akpoguma engaged in elaborate schemes to defraud unsuspecting victims.

“He admitted to carrying out romance scams and cryptocurrency-related frauds. He impersonated prominent individuals, such as Colonel Matt Herbert, a U.S. Army officer, and Adam Taggart, a renowned cryptocurrency and stock expert,” said AIG Fayoade.

To execute these scams, Akpoguma convinced victims that he was a high-ranking executive working on critical projects requiring funding. He would then request loans, often collected via Bitcoin Trust Wallet or blockchain transactions. Over seven victims have been identified as having fallen prey to his schemes, resulting in substantial financial losses.

Deceptive Tactics

Akpoguma’s fraudulent activities were meticulously planned. He created a fake Instagram account under the alias “Adam Taggart” and purchased a silicone mask for $11,200 from a specialized manufacturer. The mask, designed to replicate the appearance of his impersonated persona, was used to bolster his deception on social media platforms like Facebook and Instagram.

Attempted Bribe and Police Response

As the investigation progressed, Akpoguma attempted to bribe the police to halt their inquiries. On November 12, 2024, he offered $100,000 to the officers. Acting under the instruction of AIG Fayoade, the police detectives played along to gather evidence. The bribe was documented and registered as part of the investigation, ensuring no interference with the legal process.

AIG Fayoade emphasized the importance of such transparency in law enforcement, stating, “The suspect’s money was treated as evidence. The investigation has now been concluded, and the suspect will be arraigned in court.”

The Fraudster’s Confession

Speaking to journalists, Akpoguma confessed to his crimes and shed light on his motivations. A graduate of Mechanical Engineering, he revealed that financial struggles led him to internet fraud three years ago. “I felt too intelligent to work for a salary, so I decided to turn to fraud while searching for something legitimate. Over the years, I’ve made over $500,000,” he admitted.

He disclosed how he used his illicit earnings to acquire assets, including houses in Lagos and Edo State, as well as a GLE Benz worth N100 million. Despite his fraudulent actions, he claimed to avoid leaving his victims entirely penniless.

A Message of Redemption

Reflecting on his arrest, Akpoguma commended the integrity of the Nigerian police. “This is my first encounter with law enforcement in three years of fraud. It’s reassuring to see officers who prioritize justice over personal gain. My advice to others involved in fraud is to find a legitimate path. Illegitimate income lacks sustainability and true growth potential,” he said.

Conclusion

This case highlights the dedication of the Nigerian police in upholding justice and integrity. By rejecting a substantial bribe and thoroughly investigating the suspect, the Zone 2 Police Command has sent a strong message about accountability and transparency in law enforcement. The arraignment of Patrick Akpoguma will mark a critical step in ensuring justice for his victims.