EFCC Arrests Herbalists With Fake $3.4m, €280, 000 In Osun, Lagos

The Economic and Financial Crimes Commission, EFCC, has announced the arrest of five herbalists in possession of huge counterfeit foreign notes in Osun and Lagos States.
The suspects were arrested by Operatives of the Ibadan Zonal Directorate of the Commission for allegedly swindling one Halima Sanni of N26.55 million.
The EFCC said in the course of investigation, the operatives uncovered huge counterfeit foreign notes to the tune of Three Million, Four Hundred and Thirty Thousand United States Dollars and Two Hundred and Eighty Thousand Euros.
The herbalists are Akingbola Omotayo, Adeola Funsho Ogunrinde, Yahaya Amodu, Kubratu Babalola Olaitan, and Familola Sunday Olaitan.
They were arrested on December 7 and 8, 2025 at their shrines in Osun and Lagos States following a thorough surveillance and intelligence led investigation of their fraudulent activities
It alleged that the suspects were defrauding unsuspecting individuals of their legitimate earnings under the pretence of providing spiritual cleansing and solutions to different ailments.
They also allegedly assure 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 hypnotizing their victims to provide money for the sacrifice,” the EFCC said in a statement.
Other items recovered from the suspects include two exotic cars and mobile phones.
The commission said the five suspects would be charged to court after conclusion of investigation.
