2 years ago
A Nigerian tribunal has convicted and sentenced a antheral to 1 twelvemonth successful situation who is accused of duping an unsuspecting cryptocurrency investor. On its complaint sheet, the prosecution said that the antheral had contravened Nigeria’s anti-fraud laws and hence should beryllium punished accordingly.
Fake Cryptocurrency Investment Scheme
A tribunal successful Nigeria has convicted a antheral accused of utilizing a bogus cryptocurrency level to defraud $680 from an unsuspecting investor, a study has said. In its ruling, the Port Harcourt Zonal Command of the Economic and Financial Crimes Commission (EFCC) said the man, Obu Ebibo, whose alias is Kenneth Gibson, indispensable service 1 twelvemonth successful jail.
The tribunal nevertheless said the accused has an enactment to wage a good of $1,180 (N500,000) which helium tin deposit into the government’s consolidated gross account. According to a PM News report that details the accused’s alleged crimes, by committing the alleged offenses, Ebibo was successful contravention of Nigeria’s anti-fraud laws.
“That you Obu Gabriel Ebibo (alias Kenneth Gibson) connected oregon astir the 1st November 2021, successful Port Harcourt, wrong the jurisdiction of this Honourable Court with intent to defraud obtained an aggregate sum of Six Hundred and Eighty United States Dollars ($680.00 USD) connected the pretence that, the wealth was meant for cryptocurrency investment, a pretext you knew to beryllium mendacious and thereby committed an offence contrary to Section 1 (2) of the Advance Fee Fraud and Other Fraud-Related Offences Act 2006 and punishable nether Section 1 (3) of the aforesaid Act,” the accused’s complaint expanse states.
Noting that Ebibo had pleaded guilty, the prosecution counsel lone identified arsenic F.O. Amama is reported to person requested the tribunal to condemnation the accused accordingly. However, Ebibo’s lawyer argued that since his lawsuit had accepted charges against him, the tribunal should amusement mercy to the first-time offender.
In handing down the sentence, the justice reportedly ordered that the mobile instrumentality utilized by the offender beryllium forfeited to the state.
What are your thoughts connected this story? Let america cognize what you deliberation successful the comments conception below.
English (US) 