EFCC warns varsity students against tempting financial deals

The Acting Chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu, has urged university students in the country to beware of financial deals that look very attractive, stating that such deals turn out to be fraud most times.

Magu gave the charge, yesterday, when students of the Banking and Finance Department of Modibbo Adama University of Technology (MAUTECH), Adamawa State, paid a scheduled visit to the corporate headquarters of the Commission in Abuja.

Addressing the students on behalf of the Acting Chairman, a staff of the Advance Fee Fraud Unit, Njideka Nnam, enlightened them on different fraudulent activities perpetuated by individuals and financial institutions through the internet.

She advised them against pursuing after very attractive financial gains, adding that offers like that are mostly fraudulent.

Also, the head of Cybercrime Unit, Saad Abubakar, urged the students to be careful while using the internet, saying they should ensure that they protect their personal financial information in order not to fall victims of fraud.

“Never forget that whatever you search on the internet will always come back searching for you,” he noted.

He enjoined the students to join in the fight against corruption by making sure that they are transparent in all their dealings.