# EFCC warnings against cybercrime in Nigeria > Live situation record from CLSTR: https://clstr.news/situations/efcc-warnings-against-cybercrime-in-nigeria > Updated: 2026-09-08T20:57:35.000Z. Sources: 3. Developments: 2. Ola Olukoyede, Executive Chairman of Nigeria’s Economic and Financial Crimes Commission (EFCC), has issued repeated warnings to Nigerian youth and teenagers regarding the dangers of internet fraud. During engagements in Port Harcourt, Olukoyede identified various fraudulent activities, including romance scams, identity theft, cryptocurrency scams, fake online investments, and fraudulent job offers. He attributed the prevalence of these crimes to peer pressure, social media influence, and the desire for rapid wealth. He cautioned that “success without process rarely lasts” and encouraged young people to pursue integrity. Olukoyede further emphasized that perpetrators face severe legal consequences, such as arrest, prosecution, and asset forfeiture. He noted that law enforcement agencies are increasingly utilizing digital forensics, financial intelligence, and international cooperation to track and detect fraudulent activities. ## Timeline ### 2026-09-08: EFCC Chairman urges Nigerian teenagers to shun cybercrime EFCC Chairman Ola Olukoyede has called on Nigerian teenagers to shun internet fraud and embrace integrity, warning that digital forensics and international cooperation are used to track cybercriminals. 3 sources. https://clstr.news/cluster/efcc-chairman-urges-nigerian-teenagers-to-shun-cybercrime ### 2026-08-13: EFCC Chairman Olukoyede warns youths against internet fraud EFCC Chairman Ola Olukoyede has warned Nigerian youths against internet fraud, citing risks of arrest and asset forfeiture while urging them to pursue integrity and legitimate career paths. 6 sources. https://clstr.news/cluster/efcc-chairman-olukoyede-warns-youths-against-internet-fraud --- Cite as: EFCC warnings against cybercrime in Nigeria. CLSTR, https://clstr.news/situations/efcc-warnings-against-cybercrime-in-nigeria