The Economic and Financial Crimes Commission (EFCC) has arrested one Babatunde Oyerinde Abiodun a.k.a Kashy who is said to be the boss of a record label; Cash Nation Ent. Ltd for alleged internet fraud.
He was arrested at his residence in Lekki Conservative Estate, Lagos following investigations gathered overtime due to his lavish lifestyle. Kashy shuttles between Nigeria and the United Arab Emirate (UAE) as he uses the proceedings from his fraudulent acts to fund his lifestyle.
According to the anti-graft agency, investigations linked his fraudulent activities to his domestic staff, Thomas Aliu Akwu who confessed to having different accounts domiciled in UBA, Ecobank, GTB, Zenith Bank and FCMB and also receiving money for his boss through the accounts.