The Owner of Barry Jhay’s record label, Cash Nation Entertainment Kashy has been arrested by the Economic and Finacial Crimes Commission for alleged internet fraud.

Picked up by the EFCC today, Kashy is being arrested for alleged internet fraud.

Singed to Kashy’s record label is popular Nigerian singer Barry Jhay.

Making the disclosure of his arrest on its official twitter page EFCC wrote:

EFCC Arrests CashNation Boss, ‘Kashy’ For Alleged Internet Fraud Operatives of the Economic and Financial Crimes Commission, EFCC, Lagos Zonal Office, have arrested one Babatunde Oyerinde Abidoun, a.k.a. Kashy, for his alleged involvement in cyber crimes.

Investigations linked his fraudulent activities to his domestic staff, Thomas Aliu Akwu, who confessed to having different accounts domiciled in UBA, Ecobank, GTB, Zenith Bank and FCMB and also receiving money for his boss through the accounts.

Items recovered from the suspect at the point of arrest include a white 2013 Bentley Continental and Mercedes Benz GLK 350. The suspect will soon be charged to court as soon as investigations are concluded.

EFCC Arrests CashNation Boss, ‘Kashy’ For Alleged Internet Fraud

Operatives of the Economic and Financial Crimes Commission, EFCC, Lagos Zonal Office, have arrested one Babatunde Oyerinde Abidoun, a.k.a. Kashy, for his alleged involvement in cyber crimes. pic.twitter.com/AFUHfTciuu

— EFCC Nigeria (@officialEFCC) June 29, 2020

Investigations linked his fraudulent activities to his domestic staff, Thomas Aliu Akwu, who confessed to having different accounts domiciled in UBA, Ecobank, GTB, Zenith Bank and FCMB and also receiving money for his boss through the accounts.
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— EFCC Nigeria (@officialEFCC) June 29, 2020