Fraud Watch
Two Internet Fraudsters Convicted in Kaduna Federal High Court [Photos]
![Two Internet Fraudsters Convicted in Kaduna Federal High Court [Photos]](https://securitynewsng.com/wp-content/uploads/2024/10/Screenshot_20241022-100428.jpg)
Kaduna Federal High Court Convicts Two Internet Fraudsters.
Justice R.M. Aikawa of the Kaduna Federal High Court has sentenced two internet fraudsters, Olayinka Abdulraheem Saidu (aka Lily Bright) and Adams Shedrack (aka Kellie Hamza), to prison terms for fraud. The Economic and Financial Crimes Commission (EFCC) prosecuted the duo on separate charges of impersonation, cybercrime and money laundering.
Saidu was convicted of converting $100 from Chad Beatty, a US resident, in 2022, violating the Money Laundering (Prevention and Prohibition) Act. Shedrack impersonated Hamza Topchvev, a German citizen, on Facebook, illegally obtaining $200 in September 2024, contravening the Cybercrimes (Prohibition, Prevention Etc) Act.
The defendants pleaded guilty, prompting Justice Aikawa to sentence Saidu to five years imprisonment or a N700,000 fine and Shedrack to two years imprisonment or a N500,000 fine. Both must forfeit their communication gadgets to the federal government.
Their arrest in Minna, Niger State, resulted from credible intelligence on their fraudulent online activities. The EFCC’s Kaduna Zonal Directorate prosecuted the case, with K.S. Ogunlade as prosecution counsel.
Details of the Conviction
- Olayinka Abdulraheem Saidu (a.k.a. Lily Bright): Convicted of converting $100 from a U.S. resident in 2022, violating the Money Laundering (Prevention and Prohibition) Act. Sentenced to five years imprisonment or a fine of N700,000.
- Adams Shedrack (a.k.a. Kellie Hamza): Convicted of impersonating a German citizen on Facebook, illegally obtaining $200 in September 2024, contravening the Cybercrimes (Prohibition, Prevention Etc) Act. Sentenced to two years imprisonment or a fine of N500,000.
Implications
– The convictions underscore the EFCC’s commitment to combating cybercrime and financial fraud.
– The sentences serve as a deterrent to potential fraudsters.
– The forfeiting of communication gadgets disrupts the convicts’ criminal networks.
EFCC’s Role
– The Kaduna Zonal Directorate’s successful prosecution demonstrates the EFCC’s effectiveness.
– Collaboration with law enforcement agencies strengthens anti-fraud efforts.
The convictions of Saidu and Shedrack highlight the judiciary’s stance against cybercrime and financial fraud. The EFCC’s relentless efforts ensure justice for victims and protect Nigeria’s financial integrity.
See Photos Below;
![Two Internet Fraudsters Convicted in Kaduna Federal High Court [Photos]](https://securitynewsng.com/wp-content/uploads/2024/10/Screenshot_20241022-100506.jpg)
![Two Internet Fraudsters Convicted in Kaduna Federal High Court [Photos]](https://securitynewsng.com/wp-content/uploads/2024/10/Screenshot_20241022-100444.jpg)
Emefiele’s Trial: Witness Reveals Irregularities in Contract Award.
The Economic and Financial Crimes Commission (EFCC) prosecution witness, Stephen Salau Gana, exposed irregularities in contract awards during Godwin Emefiele’s tenure as Central Bank of Nigeria (CBN) governor.
Key Testimony
1. No competitive bidding for April 16 Investment Limited’s N99.9 million vehicle supply contract.
2. Contract exceeded CBN governor’s approval threshold (N100 million).
3. Direct procurement justified only in emergencies, sole manufacturer/distributor, or exclusive dealership cases.
4. April 16 Investment Limited met none of these conditions.
Prosecution’s Case
Emefiele faces amended 20-count charges:
1. Conspiracy
2. Criminal breach of trust
3. Forgery
4. Obtaining $6,230,000 by false pretenses
Trial Update
Justice Hamza Mu’azu adjourned the case to November 13, 2024, for continuation.
Defense and Prosecution
- Defense counsel to respond to allegations.
- Prosecution to present additional witnesses.
Stay tuned for updates on this developing story.
Court Denies Bail to Yahaya Bello’s Co-Defendants in N110.4 Billion Fraud Case.
Justice Maryanne Anenih of the Federal Capital Territory High Court in Maitama, Abuja, has dismissed the oral bail applications of Abdulsalam Hudu and Umar Oricho, co-defendants of former Kogi State Governor Yahaya Bello in a N110.4 billion fraud case brought by the Economic and Financial Crimes Commission (EFCC).
Reasons for Dismissal
The defence counsel, J.B. Daudu (SAN) and A.M. Aliyu (SAN), argued that their clients were due for release from the EFCC’s holding facility, but prosecution counsel Rotimi Oyedepo (SAN) opposed their release, citing the lack of formal written applications. Justice Anenih upheld the prosecution’s objection, emphasizing the importance of following proper legal procedures.
Background of the Case
Hudu and Oricho were arraigned on October 3, 2024, and remanded in the EFCC’s custody. Yahaya Bello, the former governor, has consistently refused to appear in court for his arraignment on 16-count charges of fraud totaling N110.4 billion.
Update on Yahaya Bello’s Case
During Thursday’s proceedings, Oyedepo informed the court that the EFCC had complied with the earlier order to publish a public summons against Yahaya Bello in a national newspaper. The court adjourned the case until November 14 and 20, 2024, for Yahaya Bello’s arraignment.
Related Developments
The Court of Appeal had previously ordered Yahaya Bello to appear for arraignment, stating that no court has the power to preclude a law enforcement agent from performing its statutory functions.
N35m Fraud Trial Adjourned: Businessman Ericbona Elio Ushie to Face Justice in December.
The trial of Ericbona Elio Ushie, a businessman accused of a N35 million fraud, has been adjourned until December 19, 2024, by Justice O.O. Abike-Fadipe of the Special Offences Court in Ikeja, Lagos. Ushie faces a 13-count charge, including stealing, obtaining under false pretenses, and forgery, for allegedly converting N35,397,000 of Calibration and Non-destructive Services Limited’s funds for personal use.
Trial Background
The Economic and Financial Crimes Commission (EFCC) arraigned Ushie on February 12, 2024. Prosecution counsel Bilikisu Buhari stated that 13 witnesses would testify against him. Defence counsel C.C. Orji applied for bail, but Justice Abike-Fadipe revoked it after viewing a viral video showing Ushie boasting about not being arrested or detained.
Latest Developments
At the October 23, 2024, proceedings, Victor Okpara (SAN) requested a variation of the bail conditions. Okpara argued passionately, and Justice Abike-Fadipe granted the application, adjourning the trial until December 19, 2024.
Charges Against Ushie
- Dishonestly converting N35,397,000 of Calibration and Non-destructive Services Limited’s funds for personal use.
- Obtaining N35,397,000 under false pretenses, claiming it was for securing a contract from the Niger Delta Development Commission (NDDC).
Ushie pleaded “not guilty” to the charges.
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