CRIMINAL PROSECUTION 01/12/2022
Man Bags 6 Months Imprisonment For Fraud, Forfeits N24.3m, 3 Cars
Ilorin zonal command of the Economic and Financial Crimes Commission (EFCC) has secured the conviction of a 30-year-old man, Yusuf Olarewaju for offences bordering on internet fraud.
Justice Adebayo Yusuf of the Kwara State High Court sitting in Ilorin found Olarewaju guilty of the one count charge brought against him by the EFCC.
Consequently, the judge sentenced him to six months imprisonment with an option of fine of N200,000.
The court also forfeited all the instruments used by the convict to perpetrate the crime, including the cash found to be proceeds of crime in his account to the federal government.
These include a Mercedes Benz GLK 2010 model; a Toyota Camry 2013 model; a Toyota Corolla 2005 model, iPhone 14 promax and the sum of N24,364,860.