Three suspected Yahoo Yahoo boys were arrested by The Economic and Financial Crimes Commission, EFCC, Lagos zonal office.
They three men suspects-Sylvester Osolase, 30; Seyi Ajayi, 36 and Monday Mayaki, 37 were arrested for allegedly Internet fraudsters, conspiracy and possession of fraudulent documents.
The suspects who were dealing in romance and classified scams, confessed to have defrauded several unsuspecting victims around the world.
They also confessed to have used proceeds of their illicit deals to buy cars, paid their rents and travel around the world.
Items found on the suspects include laptops, cars, mobile phones and incriminating documents that were printed from their emails.
According to reports, the suspects will soon be charged to court as soon as investigations are concluded.