EFCC prevents, investigates, prosecutes and penalises economic and financial crimes. An agency operating to best international standards and leading the fight against economic and financial crimes in Nigeria. Its sole aim is to combat financial and economic crimes. Due to crimes like Advance Fee Fraud (419), Money Laundering, etc which has had severe negative consequences on Nigeria, including decreased Foreign Direct Investments in the country and tainting of Nigeria's national image. The menace of these crimes and the recognition of the magnitude and gravity of the situation led to the establishment of the Economic and Financial Crimes Commission (EFCC)