Mompha: N20 Million Worth Of Wristwatches Recovered From ‘Instagram Big Boy’

Luxury wristwatches worth a whopping N20 million were recovered from acclaimed ‘Instagram big boy’, Mompha, after his arrest by operatives of the Economic and Financial Crimes Commission (EFCC).

Mompha, real name Ismaila Mustapha, was said to be on the wanted list of the International Criminal Police Organization (INTERPOL) before his arrest last Friday on his way to Dubai from Abuja.

The Dubai-based Nigerian operates Mompha Bureau de Change Limited and is known for his lavish lifestyle on his Instagram page (@Mompha) where he is often seen posing inside private jets or beside Bentleys, Ferraris, Mercedes Benz and other luxury cars.

EFCC spokesperson, Wilson Uwujaren, in a statement on Tuesday, said Mompha allegedly used his bureau de change to launder funds.

“The EFCC, Lagos Zonal office, has arrested a social media celebrity, Ismaila Mustapha popularly known as Mompha for alleged involvement in internet-related fraud and money laundering,” said Wilson.


“The suspect was arrested on Friday 18 October, 2019 at the Nnamdi Azikiwe International Airport, Abuja on his way to Dubai, United Arab Emirates following series of actionable intelligence reports linking him to organised transnational cyber fraud and money laundering.

“Ismaila allegedly perpetrates his fraudulent activities under the cover of being a Bureau de Change operator, to launder his proceeds of crime. However, the suspect has volunteered useful information while investigation continues.

“At the point of arrest, five wristwatches with a total value of over N20m were recovered from him. The suspect will be charged to court as soon as investigation is concluded.”

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