Be Informed: Here’s how you can retrieve your money after being scammed by Yahoo boys

A man has revealed how one can get his money back after being scammed by online fraudsters popularly known as Yahoo Yahoo in Nigeria.

According to the man, banks now have a fraud desk where such complaints are laid as mandated by the Central Bank of Nigeria.

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Read his post below for step by step process on retrieving money lost to internet fraudsters.

1. You can get your money back from online fraudsters (If you can follow through).

CBN has now mandated all banks to open a fraud desk to handle cases.

The bank will investigate, prosecute and reverse such dubious transactions even though the scammer has withdrawn the money.

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2. Say you use UBA and you paid money into your instagram seller’s (scammer) Zenith account, you can simply send a mail to

Make sure you copy the CBN at (This puts the banks on their toes).

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3. The banks should block such a suspicious account IMMEDIATELY a complaint is received via the fraud desk.

They can receive customer’s STOP-TRANSACTION complaints to block their own account.

He also advised that people can visit CBN’s website for more details on how the proceed use works.

In other related Internet fraud issue, Daddy Showkey has slammed the prosecutors of embattled rapper, Naira Marley. The veteran musician says all will never be well with the federal government.

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The legendary singer took to his Instagram today to lay a curse on Nigerian authorities, especially those who charged Naira Marley to court for alleged involvement in fraudulent practices.

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Recall that Marley’s troubles began after he took to his social media to share his controversial support for cyberfraud. Days ago, he was arrested by the operatives of the EFCC, who confiscated his laptop. They later linked him to alleged fraudulent dealings found in the said laptop.

Last week, Daddy Showkey begged the government to let the young singer go.

He voiced a plea to the Economic and Financial Crimes Commission to temper justice with mercy in the case of Naira Marley who is currently in their custody for his involvement in cybercrime popularly known as “Yahoo Yahoo”.

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In a video post on his Instagram handle on Wednesday the Ajegunle born singer said: “Temper justice with mercy. This is just a young man growing up, lets not use his mistakes to spoil his career we all went through so many things growing up….we can use him as a spokesman to young people against crime @officialefcc maybe he will learn with this.”

Naira Marley was arrested alongside Zlatan Ibile; Adewunmi Adeyanju Moses and Abubakar Musa on the early hours of Friday May 10.

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