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Cryptocurrency trader jailed two years for stealing N18.4m

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An Ikeja Special Offences Court on Wednesday sentenced a cryptocurrency trader, Shola Henry, to two years imprisonment for stealing N18.4 million.

Delivering a ruling, Justice Oluwatoyin Taiwo gave the defendant an option of fine in the sum of N2 million in lieu of serving jail term at the Ikoyi Custodial Centre.

Taiwo held that the court took note of the allocutus of the defence counsel and submissions of the prosecution in sentencing Henry.

The judge ordered the convict to repay the nominal complainant N18.4 million within six months.

She also ordered the forfeiture of defendant’s iPhone to the Federal Government.

The Economic and Financial Crimes Commission (EFCC) filed an amended seven-count charge against the defendant bordering on stealing and obtaining money under false pretences.

The EFCC counsel, Mr Ahmed Yerima, submitted that the defendant defrauded his victim of the sum of N18.4 million in a purported cryptocurrency transaction.

Henry had pleaded not guilty to the charge on arraignment.

Yerima then told the court that the Commission received a petition from one of his victims alleging that the defendant defrauded him of the said sum under the guise that he would get 20 per cent return in 60 days.

The prosecution called five witnesses through whom several documentary evidences were tendered against the defendant.

The anti graft agency alleged that he instead of transacting the business, Henry diverted the money for his personal use through his company, Henry Enterprise Concept.

The defence counsel, Mr Adeola Onikosi told the court that his client was a first time offender and had children who depend on him.

But the EFCC counsel, disagreed with the defence, stating that the defendant was a second time offender.

Yerima also prayed the court to order the defendant to effect restitution to the nominal complainant and for forfeiture of items recovered from him.

The prosecutor said the offences contravened Sections 1(1) (a) 1(3) of the Advanced Fee Fraud And Other Related Offences 2006 and 287 (1)(2) of the Criminal Laws of Lagos State 2015.

Crime

UNN lecturer caught pants down inside office with student

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A lecturer of University of Nigeria Nsukka, UNN, has been caught pants down inside his office with a female student.

The man whose name is yet to be ascertained by newsmen is said to be a lecturer in the School of General Studies of the institution.

The victim is alleged to be someone’s wife.

A voice in the viral video said: “We have been following this case from day one. As you can see we have all the chats, voice notes, videos and everything.”

Commenting under the video, a student identified the man in the video, claiming he taught him Peace and Conflict, a course under General Studies, during his time in UNN.

He said: “That is my lecturer in UNN, he taught us Peace and Conflict under GS in my time. We called him or rather, he called himself “The Short Man.” He was very strict with us in class. It’s unfortunate that he was involved in this.”

Another source said: “When he wants to sleep with someone’s wife? Well, it was planned by her husband, UNN security with some students. Even when the lady offered him money he refused. Well, with this, if he still remains, he will never try that again”.

When contacted to speak on the matter, the Public Relations Officer of the institution said he was yet to see the video.

He said he would investigate to find out if it’s true.

Meanwhile, a lecturer, who sought to remain anonymous identified the location of where the incident happened as a GS building. He, however, said he couldn’t disclose the name of the man in the video.

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Crime

Justice served: Two defendants await sentence for motorcycle theft

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In a recent case brought before the Magistrates’ Court in Kafanchan, Kaduna State, the wheels of justice turned decisively as two individuals, John Simon and Yusuf Nikie, found themselves facing the weight of the law for their involvement in the theft of a motorcycle. Their guilty pleas echoed through the courtroom, leading Magistrate Michael Bawa to order their remand in a correctional facility pending further proceedings, with the final judgment slated for May 2.

Simon and Nikie stood accused by the Nigeria Security and Civil Defence Corps, charged on two counts: conspiracy and theft. The narrative unfolded as Prosecutor Marcus Audu presented the facts to the court. According to Audu, the saga began when Tanko Umaru, the aggrieved party, filed a report at the corps’ office in Kafanchan on April 13, detailing the disturbing incident.

The prosecution outlined the sequence of events, alleging that the defendants brazenly entered Umaru’s residence in Bakin Kogi and absconded with his prized possession—an emblem of mobility and livelihood—a Bajaj motorcycle. Yet, their scheme was thwarted as the long arm of the law swiftly intervened. The diligent efforts of law enforcement culminated in the apprehension of Simon and Nikie during the investigative process, with the stolen motorcycle discovered in their possession, serving as damning evidence against them.

The gravity of their actions was underscored by the legal framework within which they operated. Audu emphasized that Simon and Nikie had transgressed against the provisions outlined in Sections 58 and 270 of the Kaduna State Penal Code Law, reflecting the severity of their offenses under the jurisdiction of the court.

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Lagos trader jailed 5 years for receiving N2.19m stolen property

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An Ikeja Magistrates’ Court on Monday sentenced a 22-year-old trader, Mohammed Abdulhamid, to five years imprisonment for receiving stolen property worth N2.19 million.

The convict who resides in Ayobo area, Lagos, had pleaded guilty to the two-count charge of conspiracy and receiving stolen property.

The Magistrate, Mrs O. O. Fagbohun, sentenced the convict to Kirikiri Correctional Centre without an option of fine.

Fagbohun noted that the sentence would serve as a deterrent to others.

Earlier, the Prosecutor, Insp. Felicia Okwori, told the court that the offences were committed between June  2023 at 56, Captain Davies Road, Ayobo, Lagos.

Okwori said the convict received stolen property from one Mohammed Awalu, security guard to the complainant, Mrs Omolola Idowu.

She disclosed that Awalu is currently serving his jail term on the same offences.

She added that the convict and others still at large stole the complainant’s property when she travelled.

The prosecutor listed the stolen property to include two gates valued at N540,000, window protectors worth N870,000 and a power generator worth N300,000.

She listed other stolen items as ceiling fan worth N25,000, gas cooker N375,000, and a pumping machine valued at N85,000, all totalling N2.19 million.

According to the prosecutor, the offences contravene Sections 328 and 411 of the Criminal Law of Lagos State, 2015

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