NANS executive sentenced to prison over internet fraud

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An official of the National Association of Nigerian Students (NANS), Federal University, Oye-Ekiti, was given a one-year prison sentence by a high court in Ibadan, Oyo State, for committing a N195 million online scam.

Adeyemi Israel Abiodun, the prisoner, is a Federal University student studying economics and development studies at the 200-level.

In a sting operation on March 30, 2022, EFCC agents detained him and 79 other people in the Sango neighbourhood of Ibadan for allegedly engaging in online fraud.

Wilson Uwujaren, the EFCC's spokesperson, said in a statement on Wednesday, August 24, that investigations showed that Abiodun received N195, 274, 331 as a cumulative loot from cyber-fraud, including the forging of over 25 US banks' checks between July 2021 and March 2022.

He was one of 40 individuals found guilty of various offences by four judges of the Oyo State High Court in Ibadan.

The one-count accusation against him reads: "That you, Adeyemi Israel Abiodun and Odaise Precious Abiola (aka Prezzy) (at large) did conspire to forge various the United States of America bank checks and purport same to be genuine at Ibadan, within the Ibadan Judicial Division on or about 30th March 2022 and thereby committed the offence of conspiracy to commit forgery contrary to Sections 516 and 467 of the Criminal Code Law, Cap 38

He entered a "guilty" plea to the allegations made against him by the EFCC and was found guilty, receiving a sentence of one year in prison without the possibility of a fine.

In addition, the court mandated that he pay $1,000 in restitution and forfeit a white Mercedes Benz CLA-250 with a customized NANS license plate worth N16,000,000, a gold neck chain and an ice neck chain worth N3.6,000,000, bitcoin worth $58, 854.88 USD, an Apple MacBook Pro 2020 Model, and an iPhone 12 Pro Max to the Federal Government of Nigeria.

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