The Economic and Financial Crimes Commission (EFCC) has uncovered huge counterfeit foreign notes to the tune of $3, 430, 000 and €280, 000 in possession of a five-member syndicate arrested for allegedly swindling one Halima Sanni the sum of N26, 550, 000.
The herbalists were arrested by the operatives of the Ibadan Zonal Directorate of the agency.
The anti-graft agency in a statement issued Tuesday said investigation revealed that the suspects were allegedly defrauding unsuspecting individuals of their legitimate earnings under the pretence of providing spiritual cleansing and solutions to different ailments.
It said they were arrested on December 7 and 8, 2025 at their shrines in Osun and Lagos States respectively, following a thorough surveillance and intelligence on their fraudulent activities
The herbalists were: Akingbola Omotayo, Adeola Funsho Ogunrinde, Yahaya Amodu, Kubratu Babalola Olaitan (female) and Familola Sunday Olaitan.
The agency added that the suspects also allegedly assured their victims of their powers to conjure several currency notes which must be cleaned up by a genie through spiritual sacrifice before spending the money.
It noted that they did all these by hypnotising their victims to provide money for the sacrifice.
It added that other items recovered from them include two exotic cars and mobile phones.
The agency said the suspects would be charged to court as soon as investigations are concluded.