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According to Nigeria’s Economic and Financial Crimes Commission, landlords who lease their properties to Yahoo Boys, or other online fraudsters, run the danger of receiving a 15-year prison sentence.

The anti-corruption organization added that hotel owners that host fraudsters suffer the same consequences.

An e-flier for a Twitter Space debate that the EFCC was going to organize on June 29 featured a stern warning to landlords.

Give Your House To Yahoo Boys, Spend 15 Years In Prison is the discussion’s theme.

Remember how the EFCC stated in a report from September of last year that the Lekki neighborhood in Lagos State is the favorite site for all types of cyber fraud syndicates?

The fact that scammers will pay any rent to rent a property in Lekki contributes to the area’s high rent.

Michael Nzekwe, the zonal commander of the EFCC, expressed worry about the “cold cooperation of hospitality businesses with Yahoo Boys.”

Nzekwe accused some of them of collaborating with alleged fraudsters by providing them with long-term housing and internet access.

According to the official, such an act renders Section 3 of the Advance Fee Fraud and Other Fraud Related Offences Act, 2006, inapplicable.

“The clause provides for a prison term of between five and fifteen years without the option of a fine for any individual who permits the use of his facilities for any infraction under the Act,” the man added.

Nzekwe clarified that the law does not recognize the position of the claim that hoteliers are business people and cannot identify a fraudster.

The EFCC instructed them to always request proof of identification from their clients and to ask about their job during the check-in process.

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