The Economic and Financial Crimes Commission has arrested five suspected herbalists.
The arrests followed the alleged defrauding of a woman identified as Halima Sanni.
The suspects allegedly swindled her of N26.5 million.
EFCC recovered counterfeit foreign currencies valued at $3.4 million and €280,000.
The suspects were identified as Akingbola Omotayo, Adeola Funsho Ogunrinde, Yahaya Amodu, Kubratu Babalola Olaitan and Familola Sunday Olaitan.
They were arrested in Lagos and Osun States.
The suspects allegedly claimed they could produce spiritual money through rituals.
EFCC also recovered vehicles and mobile phones.
They will be charged to court after investigations.
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