Crimes

Investment scammer sent to seven years’ imprisonment

A radiographer and self-styled bitcoin and investment guru, Sunday Ariyo Anyanfelowa, has been convicted for defrauding his victim the sum of N930, 000.

The offence is contrary to Section 1 (1) and punishable under Section 1(3) all of Advance Fee Fraud and Other Fraud Related Offences Act, 2006.

The defendant who was arraigned on November 24, 2018, was sentenced to seven years imprisonment without an option of fine by Justice B. L. Iliya of the Gombe State High Court on Tuesday January 4, 2022.

Anyanfeoluwa’s travail began sometimes in 2017 when he falsely represented himself in a WhatsApp Chat called “BIC Investment Giant”, to be a bitcoin expert and convinced the petitioner to part with the said sum for bitcoin investment with the promise of high returns on the investment to the victim’s e-wallet account.

However, investigation by the Gombe Zonal Command of the Economic and Financial Crimes Commission (EFCC) revealed that the defendant withdrew the money sent to him from a Point of Sale vendor and diverted the proceeds to personal use.

Editor

Recent Posts

ICPC ranks NUPRC under Komolafe most transparent agency in Nigeria

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has ranked the Nigerian Upstream…

1 hour ago

Stock market transacts 1.75bn shares as investors gain N119bn

The Nigerian stock market traded 1.746 billion shares valued at N30.05 billion in 19,372 deals…

1 hour ago

5 killed, 15 injured in Maiduguri bomb blast — Police

The Borno State Police Command has confirmed five persons dead and 35 others injured in…

1 hour ago

Fire razes 25-storey Great Nigeria Insurance House in Lagos

A Christmas Eve fire has engulfed the Great Nigeria Insurance House on Martins Street, Lagos…

12 hours ago

2027: Tinubu inaugurates c’tee on conflict resolution, mobilisation for APC

President Bola Tinubu on Wednesday inaugurated a Committee on Strategy, Conflict Resolution and Mobilisation to…

12 hours ago

Shaibu flags off phase 2 of Bola Ahmed Tinubu Barracks, reaffirms ‘Soldier-First’ policy

The Chief of Army Staff, Lt.-Gen. Waidi Shaibu, has launched the construction of Phase 2…

13 hours ago

This website uses cookies.