The Economic and Financial Crimes Commission (EFCC) has arrested Precious Ojo, aka Obago, a suspected internet fraudster.

The 26-year-old was apprehended in Oghara, Delta State, following a petition received from an American citizen regarding his activities.

EFCC Head of Media and Publicity, Wilson Uwujaren issued a statement on the operation on Wednesday.

The petitioner alleged that the suspect impersonated one Raymond Bush, who works in the United States Treasury, to defraud the victim of $268,000.00.

Ojo, who was arrested at his hotel in Oghara, confessed that he built the property with the proceeds of the alleged crime.

Other items recovered from him include a white Mercedes-Benz with personalised plate number as well as mobile phones.

The EFCC spokesperson added that the suspect will be arraigned in court soon.