Breaking News
Translate

Man jailed five years for $1.04m fraud

The Special Offences Court sitting in Ikeja, Lagos, has sentenced one Augustine Ighodalo to five years imprisonment for retention of proceeds of fraud totalling $1,049,251.84

The Head of Media and Publicity at the Economic and Financial Crimes Commission (EFCC), Wilson Uwujaren, said in a statement that Ighodalo was convicted by Justice Sherifat Solebo of the Special Offences Court.

According to him, the convict was arraigned on September 26 on a three-count charge of “transfer of criminal proceeds to a nominee,” following intelligence received by the Commission from the Federal Bureau of Investigation (FBI) in the United States.

 

Vanguard

All rights reserved. This material and any other digital content on this platform may not be reproduced, published, broadcast, written or distributed in full or in part, without written permission from VANGUARD NEWS.

Disclaimer

Comments expressed here do not reflect the opinions of vanguard newspapers or any employee thereof.
Do NOT follow this link or you will be banned from the site!