Nigeria, May 6 -- The Economic and Financial Crimes Commission (EFCC) said it has traced $30,000 in laundered funds presumably derived from the activities of a suspected internet fraudster.

In a press statement on Tuesday, the anti-graft agency identified the suspect as a male but did not disclose his name.

According to the statement, EFCC's investigations discovered that the suspect collected and laundered the money for his syndicate members who were said to be at large.

The EFCC also said, the suspect, among the 35 persons it had arrested on 4 May in Sabo Iyako, Auchi, Edo State, was discovered to be involved in criminal activities including banking and investment fraud.

The statement said the commission would charge him in court at...