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CASE 093  |  Morakinyo Peter & Yusuf Dayo  |  July 14, 2021  |  Nigeria
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DATABASE RECORD
  id                  93
  date                July 14, 2021
  original_date       July 14, 2021
  year                2021
  month               7
  quarter             2021-Q3
  victim              Morakinyo Peter & Yusuf Dayo
  location            Lagos, Nigeria
  country             Nigeria
  scenario            Authority Misuse
  description         Law Enforcement Officers rob 2 men of $50K USD in bitcoin at gunpoint
  kidnappings         0
  violence_torture    0
  drugs_alcohol       0
  weapons             1
  theft               1
  life_taken          0
  money_wanted        20M Naira
  coin_type           Bitcoin
  reports             SaharaReporters
  notes               Authority Misuse AND Armed Robbery. 
  has_processed_date  1
  created_at          2025-11-13 05:44:45

AI SUMMARY  [generated at bulk import, NOT verified against sources]
  **Victim:** Morakinyo Peter & Yusuf Dayo
  
  **Attackers:** Individuals misusing authority
  
  **Attack Method:** Authority Misuse
  
  **Violence Used:** Firearms
  
  **Crypto Stolen:** 20M Naira in Bitcoin
  
  **Status:** Investigation ongoing

LINKED SOURCES
  [url]  https://saharareporters.com/2021/12/19/reavealed-identities-rogue-police-officers-who-extorted-n22million-worth-bitcoin-young

NOTES ON THIS FILE
  * matched to sheet row 94: exact match on victim + year, unique on both sides

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ARTICLE 1
  Source   SaharaReporters
  URL      https://saharareporters.com/2021/12/19/reavealed-identities-rogue-police-officers-who-extorted-n22million-worth-bitcoin-young
  Origin   reported_K&R sheet, row 94, column "Articles"
  Length   4,771 chars
------------------------------------------------------------------------------------------------
REAVEALED: Identities Of Rogue Police Officers Who Extorted N22million Worth Of Bitcoin From Young Men At Gunpoint In Lagos

The duo said they were treated like criminals while Nwawe, a former Public Relations Officer of the Sokoto and Akwa-Ibom states police commands respectively asked the officers to kill them if they cannot pay N20million as bail.

ADeputy Superintendent of Police with force number 14534, Cordelia Nwawe, and Inspector Austin, both attached to Force Criminal Investigation Department Annex, Alagbon Close, Lagos State, have been identified as officers who extorted N22million worth of bitcoin from two young Nigerians, Morakinyo Tobiloba Peter and Yusuf Samson Dayo.

SaharaReporters had reported that Peter and Dayo, both realtors, were stopped on July 14, 2021 while driving along the Ikoyi/Ajah Expressway by a team of police officers in mufti led by Austin, who adopted a fictitious name “Osas”.

The duo said they were treated like criminals while Nwawe, a former Public Relations Officer of the Sokoto and Akwa-Ibom states police commands respectively asked the officers to kill them if they cannot pay N20million as bail. 


“We were driving on the Ikoyi/Ajah Expressway precisely at 1004 on the 14th of July 2021, when a team of police officers in mufty accosted us and ordered us to park. We parked and the police officers jumped into the car and ordered us to open our phones,” one of the victims had told SaharaReporters.

“Since we have nothing to hide, we gave them our phones and they found nothing incriminating. To our surprise, they ordered us to drive down to their office, we insisted we must know our offences before we can move down to the station. But the police officers descended on us and beat us for disobedience. They claimed we were too fresh not to be a fraudster. We begged them and showed them that we are realtors. We gave them our identity cards and showed them some of our ongoing projects but they insisted we were fraudsters.

“When we got to the police station at FCID Annex, Alagbon Close, Lagos, we were quickly pushed into the cell and they went away with our mobile phones. The police officers returned some hours later and told us we were trading in Bitcoins.

“Before we know it, they started beating us and calling us Yahoo boys, we told them we were not Yahoo boys. We explained that we are realtors and it was because of the decline in naira that we converted our money into bitcoin, but they kept beating us and they said we should write statement around 8:00pm in the night,” he added.

The duo added that the statements written by them were torn into pieces by the policemen while they were forced to sign another ones written by the officers alleging that they were Internet fraudsters.

“We wrote the statements and they tore it into pieces and wrote another statement for us and forced us to sign it. We did signed the statement and they took them before their boss, DSP Cordelia Nwawe with force number 145341, Admin section, FCID Annex, Alagbon Lagos,” they added.

“Mrs Uwawe asked her officers what happened and they narrated the whole story to her, they told her we are Yahoo boys which we denied and the woman said they should give us bail condition, they demanded N20million from us and when we said we don't have such amount of money, the woman said they should go and kill us if we insist we cannot pay them N20million as bail.

“Officer Austin who led the team also adopted a fictitious name so that people will not know his true name. He was addressed as Osas by DSP Uwawe, he was the one who took us to the cell and threatened to kill the two of us if we cannot transfer the N20million in bitcoin to them.

“So when he bought out his gun and was taking us out of the cell to kill us as ordered by her boss, DSP Uwanue, we now succumbed to him and said he should remove the money from our account, he insisted he wanted bitcoin and not naira, he provided another bitcoin account and he transferred N22million equivalent of bitcoin from our account.”

They urged human rights activists and the government to intervene on their behalf.

Speaking on the incident, a human rights lawyer, Adegbola Odunyemi asked the Inspector-General of Police to investigate the matter.

“I hereby call on well meaning Nigerians to prevail on the office of the Inspector-General of Police; Minister of Police Affairs; Chairman, Police Service Commission; Speaker, House of Representatives; the Senate President and His Excellency, President Muhammadu Buhari, to help us recover this money from these criminal elements parading themselves as police officers.

“My clients are realtors and it was because of the decline in naira that made them to convert their money into bitcoin, they are not Yahoo boys.”


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FETCHED ARTICLE 1  [RAW EXTRACT — NOT YET TRIMMED]
  !! This is the whole page as extracted. It still contains site furniture,
  !! and may contain teaser headlines for UNRELATED cases. Trim on read-through.
  !! Do not quote from it without checking the passage belongs to this case.
  Source     saharareporters.com
  URL        https://saharareporters.com/2021/12/19/reavealed-identities-rogue-police-officers-who-extorted-n22million-worth-bitcoin-young
  Field      url
  Retrieved  2026-09-05T12:53:29+00:00 via raw HTTP retrieval, deterministic extraction (HTTP 200)
  Language   unknown
  Kept       paragraphs ALL 22 paragraphs, untrimmed
  Length     4,767 chars
  Integrity  sha256 c02c66a6b7b1be4dc3a9dae8c8f176f27ec80a3871f593f7678e771b312b2281
  Trimmed    NOT TRIMMED. Full page extract; trim on read-through.
  Caveat     retrieved from a live page on the date above. Unlike text copied
             from the spreadsheet, there is no second copy to hash it against.
------------------------------------------------------------------------------------------------

ORIGINAL (unknown, verbatim as retrieved)

REAVEALED: Identities Of Rogue Police Officers Who Extorted N22million Worth Of Bitcoin From Young Men At Gunpoint In Lagos | Sahara Reporters
 




 

 
 
 
 Skip to main content

REAVEALED: Identities Of Rogue Police Officers Who Extorted N22million Worth Of Bitcoin From Young Men At Gunpoint In Lagos

The duo said they were treated like criminals while Nwawe, a former Public Relations Officer of the Sokoto and Akwa-Ibom states police commands respectively asked the officers to kill them if they cannot pay N20million as bail.

A Deputy Superintendent of Police with force number 14534, Cordelia Nwawe, and Inspector Austin, both attached to Force Criminal Investigation Department Annex, Alagbon Close, Lagos State, have been identified as officers who extorted N22million worth of bitcoin from two young Nigerians, Morakinyo Tobiloba Peter and Yusuf Samson Dayo.

SaharaReporters had reported that Peter and Dayo, both realtors, were stopped on July 14, 2021 while driving along the Ikoyi/Ajah Expressway by a team of police officers in mufti led by Austin, who adopted a fictitious name “Osas”.

[story_link align="left"]102523[/story_link]

“We were driving on the Ikoyi/Ajah Expressway precisely at 1004 on the 14th of July 2021, when a team of police officers in mufty accosted us and ordered us to park. We parked and the police officers jumped into the car and ordered us to open our phones,” one of the victims had told SaharaReporters.

“Since we have nothing to hide, we gave them our phones and they found nothing incriminating. To our surprise, they ordered us to drive down to their office, we insisted we must know our offences before we can move down to the station. But the police officers descended on us and beat us for disobedience. They claimed we were too fresh not to be a fraudster. We begged them and showed them that we are realtors. We gave them our identity cards and showed them some of our ongoing projects but they insisted we were fraudsters.

“When we got to the police station at FCID Annex, Alagbon Close, Lagos, we were quickly pushed into the cell and they went away with our mobile phones. The police officers returned some hours later and told us we were trading in Bitcoins.

“Before we know it, they started beating us and calling us Yahoo boys, we told them we were not Yahoo boys. We explained that we are realtors and it was because of the decline in naira that we converted our money into bitcoin, but they kept beating us and they said we should write statement around 8:00pm in the night,” he added.

The duo added that the statements written by them were torn into pieces by the policemen while they were forced to sign another ones written by the officers alleging that they were Internet fraudsters.

“We wrote the statements and they tore it into pieces and wrote another statement for us and forced us to sign it. We did signed the statement and they took them before their boss, DSP Cordelia Nwawe with force number 145341, Admin section, FCID Annex, Alagbon Lagos,” they added.

“Mrs Uwawe asked her officers what happened and they narrated the whole story to her, they told her we are Yahoo boys which we denied and the woman said they should give us bail condition, they demanded N20million from us and when we said we don't have such amount of money, the woman said they should go and kill us if we insist we cannot pay them N20million as bail.

“Officer Austin who led the team also adopted a fictitious name so that people will not know his true name. He was addressed as Osas by DSP Uwawe, he was the one who took us to the cell and threatened to kill the two of us if we cannot transfer the N20million in bitcoin to them.

“So when he bought out his gun and was taking us out of the cell to kill us as ordered by her boss, DSP Uwanue, we now succumbed to him and said he should remove the money from our account, he insisted he wanted bitcoin and not naira, he provided another bitcoin account and he transferred N22million equivalent of bitcoin from our account.”

They urged human rights activists and the government to intervene on their behalf.

Speaking on the incident, a human rights lawyer, Adegbola Odunyemi asked the Inspector-General of Police to investigate the matter.

“I hereby call on well meaning Nigerians to prevail on the office of the Inspector-General of Police; Minister of Police Affairs; Chairman, Police Service Commission; Speaker, House of Representatives; the Senate President and His Excellency, President Muhammadu Buhari, to help us recover this money from these criminal elements parading themselves as police officers.

“My clients are realtors and it was because of the decline in naira that made them to convert their money into bitcoin, they are not Yahoo boys.”

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generated from attacks-export-Gart-website.json + reported_K&R  |  case 093
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