N525m fraud: Court jails ‘yahoo boy’ for 235 years in Uyo

 



 

Justice Agatha Okeke of the Federal High Court, Uyo has jailed a notorious ‘yahoo boy’ identified as Scales Olatunji to 235years imprisonment for internet fraud and money laundering.


EFCC spokesperson, Wilson Uwajeren, released a statement revealing that Olatunji was arraigned on July 2, 2019 on 45-count charges bordering on identity theft, money laundering and conspiracy.


One of the counts reads:


“That you, Scales Olatunji Ishola “M”, Meraiyebu Charles “M”(at large), Gabriel Adeyemi Olugbenga “M”(at large), Ojomo Oluwatobi Ayodele “M”(at large) and Adekola Oluwatoyin “M”(at large), between January 2017 to October 2018, in Nigeria, within the jurisdiction of this Honourable Court conspired amongst yourselves to convert the total sum of N525,172,580.00 (Five Hundred and Twenty Five Million, One Hundred and Seventy-two Thousand, Five Hundred and Eighty Naira) only, which sum you reasonably ought to have known forms part of proceeds of unlawful activities to wit: fraud (Business E-mail Compromise and Identity Theft), and thereby committed an offence contrary to Section 18 (a) of the Money Laundering (Prohibition) Act 2011 (as amended) and punishable under Section 15 (3) of the same Act”

Delivering judgment on Monday, June 27, Justice Okeke convicted Olatunji on all the 45- counts preferred against him by the EFCC. Justice Okeke said that, “the evidence of the prosecution witnesses are consistent and the prosecution established the guilt of the defendant in the case of money laundering as it relates to count one to five of the charges. The prosecution also established the guilt of the defendant in the offence of cybercrime as it relates to count six to forty five of the charges. The prosecution, on the totality of evidence before this court, proved the charges against the defendant.”

The judge sentenced Olatunji to seven (7) years imprisonment on counts one to five, and five (5) years imprisonment on counts six to forty-five. The sentence, shall, however, run concurrently with effect from the date of arrest.



The convict met his waterloo when operatives of the EFCC arrested him on March 20, 2019 at his Ikota , Lekki’s residence based on a petition from the Oslo Police District in Norway, requesting the assistance of the EFCC in investigating a network of Nigerians that had defrauded Norwegian citizens for years.


Comments

Post a Comment

Popular posts from this blog

How Chacha Eke Allegedly Snatched Austin Faani From Eve Esin, Got Married To Him Despite Knowing He’s Gay

Image
  Controversial IG blog, Gistlovers has spilled out hidden reports on chacha Eke and her estranged husband, Austin Faani following their recent separation. The blogger exposed how Chacha Eke snatched Austin Faani, who was a movie editor then from her colleague, Eve Esin and later got married to him despite knowing he’s gay. According to Gistlovers, Chacha did this inorder to be famous so as to escape the ill- treatment melted out from Eve Esin. How ChaCha Eke allegedly snatched Austin Faani from Eve Esin, got married to him despite knowing he’s gay “Hello tueh tueh, Now y’all asking for the full gist without mincing any words, here we go😉 Chacha is a very fantastic actress and a household name in Nollywood , Eve Esin brought her to asaba from ph to act, she was squatting with Eve because she just left her baby which she had for an older man in abakiliki then for port harcourt( I am sure a lot of you don’t know this part of her)When Eve brought her to Asaba, she didn’t treat her well c
Read more

Good Samaritan narrates experience with pregnant woman he offered a lift

Image
  A Nigerian man has narrated how he helped a pregnant woman whom he saw on the road, deliver her twin babies in his car. Sharing his experience, the man identified as Idris Yekini revealed how he got so scared after she began to scream and deliver inside his car. He said, “A woman gave birth to twins in my car. On my way to work this morning, I saw a pregnant woman standing by the road side. From the look on her face, she was in severe pain (labour pain) She must  have spent some time at the junction waiting for taxi but it seems no taxi was willing to carry her in such condition. While she was in pain, some other women were comforting her. The gathering of people caught my attention. I drove past them. On a second thought, I reversed and offered to give her a lift to the hospital. While driving her to the hospital, she was restless, shouting and uncomfortable. Honestly, I was scared. Wetin I go tell people if something goes wrong. Her shouting became intense. Before you could say mad
Read more