Wilson Uwujaren, EFCC spokesman in a statement said the duo were apprehended after a petition by one Nalim Sharma.
Sharma met the suspects through a LinkedIn account, Sophia Gomez and was lured into a phony bitcoin business.
From January 2021 until June, she allegedly invested a sum of $12,000 in ‘cryptocurrency’.
The suspects, who claimed to be bitcoin experts, used a platform Life Trade Option.
Uwujaren noted that the complainant sensed fraud when the suspects suddenly severed communication.
Theophilus and Isaiah will be charged to court at the end of investigations.