Babatunde Oyerinde Abidoun a.k.a. Kashy, said to be the owner of a record label ‘CashNation Ent. Ltd ‘has been arrested by the Economic and Financial Crimes Commission (EFCC) over his alleged involvement in internet fraud.
The suspect who is shuttling between Nigeria and the United Arab Emirates ( UAE) and allegedly using the proceeds of his fraudulent activities to fund his lavish lifestyle, was arrested at his residence at Lekki Conservative Estate in Lagos following intelligence gathered overtime about his suspicious lifestyle.
According to the anti-graft body, investigations related his fraudulent activities to his domestic workers, Thomas Aliu Akwu, who admitted to having separate accounts domiciled at UBA, Ecobank, GTB, Zenith Bank and FCMB, as well as collecting money via the accounts for his employer.