Internet Fraudster Offers Police Team ₦160 Million Bribe

A 28-year-old suspected internet fraudster, Patrick Akpoguma, allegedly involved in various types of internet-related frauds, including romance scams, identity theft, cyber hacking, cryptocurrency fraud, ritualism, and cultism, offered operatives of the Zone 2 Police Command, Onikan, Lagos, $100,000 (over N160 million) bribe but it was rejected.

Naturenex reports that the Assistant Inspector General of Police in Zone 2, Onikan, Lagos, Adegoke Fayoade, made this known while addressing the press on Friday.

Fayoade revealed that the investigation into Akpoguma began on November 7, 2024, after receiving reports from residents of Chevron Drive, Lekki, where the suspect resides.

He said the suspect admitted to the crime while speaking with journalists, stating that the monetary bribe was an attempt to clear his name.

Fayoade said, “Patrick Akpoguma admitted to being involved in what is known as romance scams and other cryptocurrency-related scams.

“He meets various people online and presents himself as a notable and famous Caucasian American, such as Colonel Matt Herbert, a serving U.S.
Army officer currently on a peacekeeping mission in Iran. He also impersonated Adam Taggart, a renowned cryptocurrency and stock brokerage expert in the United States.

“He convinces his unsuspecting victims that he is a top executive working on several projects that require funding, which leads him to request loans. Typically, he receives these loans via his Bitcoin Trust Wallet or through blockchain transactions. So far, he has defrauded more than seven victims using this method.

“To perfect these fraudulent activities, he created a fake Instagram account under the name ‘Adam Taggart.’ This account allowed him to purchase a silicone face and hand mask from maskmarkers.com, which was delivered to his residence on Chevron Drive, Lekki. He paid $11,200 USD for the manufacturing of this mask, which he used to impersonate Adam Taggart on Facebook and Instagram.

“Surprisingly, during the investigation, the suspect began pleading and offering money to be let off the hook. Once I was informed about this, I instructed my detectives from Raider team to play along. On November 12, 2024, he offered the sum of $100,000 USD (One Hundred Thousand Dollars), equivalent to about One Hundred and Seventy-Four Million Naira. The money was accepted, registered as evidence, and the investigation continued. So far, the investigation has been concluded, and the suspect will be arraigned accordingly.” 

Speaking about his actions, the suspect, Patrick Akpoguma, said he felt too intelligent to work for a salary, which is why he turned to fraud three years ago.

He said, “I am a graduate of Mechanical Engineering, and I am 28 years old. After leaving school, it became clear that I needed to find my path and try to get on my feet. I decided to try fraud while I looked for something legitimate. I started doing fraud three years ago, and since then, I’ve made over USD 500,000.

“I’ve achieved a lot—owning a house in Lagos, a house in Edo State, and a GLE Benz worth N100m. Once I defraud people and feel I’ve taken enough from them, I simply walk away. I don’t leave them penniless.”

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