30-year-old Man Jailed for Internet Fraud, Forfeits N24.3m, Three  Cars in Ilorin


By Hammed Shittu in Ilorin

 Kwara State High Court sitting in Ilorin has convicted a 30-year-old man, Yusuf Yusuf Olarewaju, a native of Erin-Ile in Oyun Local Government Area of Kwara State over offences bordering on internet fraud.

The court found Olarewaju guilty of the one-count charge brought against him by the Ilorin Zonal Command of the Economic and Financial Crimes Commission (EFCC).

Consequently, the judge sentenced him to six months imprisonment with option of

fine of N200,000.

The court also forfeited all the instruments used by the convict to perpetuate 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.

Olarewaju’s journey to jail started on October 23, 2022 when he was arrested following actionable intelligence about the activities of syndicates of…

Source: Thisday Newspaper