A street vendor in Lagos has been arrested by police in connection with an alleged ₦500 million iPhone scam, highlighting a major fraud case involving the sale of overpriced or fake luxury phones. According to authorities, the suspect was apprehended after intelligence and complaint reports led officers to uncover a network of illegal dealings related to high-end mobile devices.
Police allege that the vendor was part of a scheme that took advantage of unsuspecting buyers, marketing and selling iPhones under suspicious circumstances, and potentially defrauding customers out of large sums of money. The suspect is now in custody as investigators continue to piece together the scope of the operation, determine how long it has been running, and identify any possible accomplices.
Authorities have urged members of the public to be vigilant when purchasing expensive gadgets, especially from unauthorized sellers, and to report any suspected fraudulent activities to law enforcement. The case underscores ongoing efforts by police to clamp down on cyber- and retail-related fraud within major commercial hubs like Lagos.
