Operatives of the Economic and Financial Crimes Commission, EFCC, Ibadan zonal office, on Friday, swooped on suspected internet fraudsters at their hideout in Wisdom Estate, Akobo area of Ibadan.
According to a statement by the commission, the early morning operation, followed series of intelligence on the alleged criminal activities of the syndicate.
The arrest the statement said resulted in the arrest of seven suspects between the ages of 17 and 29 years.
The suspects are; Sodiq Oluwasegun, Opeyemi Jamiu, Babatunde Damilare, Adisa Babatunde, Abayomi Taofeek, Oluyemi Kayode and Ambrose Timothy.
Items recovered from them include a Lexus RX350 SUV, laptops, different models of expensive iPhones and several documents containing false pretenses.
The EFCC said he suspects will be charged to court as soon as investigations are concluded.