Internet Fraudster Sentenced To Prison, Assets Seized in Abuja

The Federal High Court in Abuja has sentenced Chima Hyginus Nkwocha, known as “Young Billionaire,” to two years in prison for internet fraud and money laundering.  The court also ordered the forfeiture of his assets, which include luxury cars, properties, cash, and electronic devices.   Nkwocha was charged by the EFCC for defrauding an American woman of $345,000 through impersonation on Gmail and Google Voice.  He received the money through a bank account linked to his company, Ginux Global Nigeria Ltd.   READ ALSO: Morka Cries Out Over Death Threats After Controversial Remarks on Obi Arrested in August 2024, Nkwocha’s assets included a Mercedes Benz ML 350, gold jewelry, and properties in Lagos and Abuja.  The court admitted evidence presented by the EFCC, which included his confession, electronic devices, and financial documents.   Justice Emeka Nwite offered Nkwocha a two-year sentence or a fine of ₦2 million, while ordering the forfeited items to be handed over to the federal government.

EFCC apprehends 24 for internet fraud in Benin

Operatives of the Economic and Financial Crimes Commission (EFCC), Benin Zonal Command have arrested 24 suspected internet fraudsters at different locations within Benin city, the Edo State capital.

After Lagos assault, EFCC arrests 27 suspected internet Fraudsters

Operatives of the Benin Zonal Directorate of the Economic and Financial Crimes Commission, EFCC, on Wednesday June 26, 2024 arrested 27 suspected internet fraudsters at different locations within Benin City. The suspects were arrested following actionable intelligence on their suspected involvement in computer- related fraud. Items recovered from them include the sum of N590,000, nine exotic cars, laptops and phones The suspects will be charged to court as soon as investigations are concluded. This is coming after the operatives of the anti-graft agency assaulted a member of staff of Regional Hotel in Lagos in a night raid.