The Economic and Financial Crimes Commission, EFCC, has secured convictions against two internet fraudsters popularly called “Yahoo Boy’s” at the Federal High Court in Abuja over $8700 fraud.
The two convicted fraudsters are Colin’s Samuel and Okoh Chukwuemeka
In a separate charges, the anti graft agency arraigns one Colin’s Samuel accused of receiving $8,000 offered to citizens of Virginia State under its Pandemic Unemployment Assistance by pretending to be an American.
According to EFCC, Samuel redeemed the $8,000 benefit through the Bitcoin wallet addresses he got from various crypto currency traders
Samuel had pleaded not guilty to the one count bordering on impersonation and obtaining by false pretences.
During trial, Samuel change his plea from not guilty to being guilty.
The development prompted the prosecuting counsel, P. C. Onyeneho, to review his case file while urging the court to convict and sentence him accordingly.
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In his verdict, Justice P. Mallong convicted and sentenced Samuel to two years’ imprisonment with an option of a fine of N500,000.
The court ordered the convict to forfeit his Toyota Camry 2010 model, an HP Elite Book 840 laptop and iPad model A 1396.
The court also asked the convict to return the sum of $8,000, which was found in his Access Bank account to Virginia State through the United State Embassy in Abuja.
Similarly, One Okoh Chukwuemeka was also sentenced to two years’ imprisonment with an option of a N500,000 fine after pleading guilty to a charge of fraud.
Justice Mallong also ordered Chukwuemeka to forfeit an iPhone 6S, Dell laptop model 7240 and a Toyota Camry 2010 model.
The judge also ordered the convict to return the sum of $700 to the victim of his fraudulent activity through the US Embassy in Abuja.
