Fraudster Bags Ten Years Imprisonment over N18M Fraud

Hamilton Nwosa
Writer

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Justice Ibrahim Buba of the Federal High Court Lagos Sate has convicted and sentenced one Idorenyin Okon to ten years imprisonment.
The convict was arraigned on 5th September, 2016 on amended five-count charge bordering on conspiracy and fraudulent impersonation brought against him by the Economic and Financial Crimes Commission, EFCC.
Specifically, the accused allegedly defrauded different customers of a bank to the tune of over N18, 000,000 (Eighteen Million Naira) over a period of two years. He, however, arrested at a Union Bank branch in Ibadan, Oyo State, and while in the process of obtaining an Automated Teller Machine (ATM) card of another unsuspecting customer of the bank.
He pleaded not guilty to the count charge and the matter went into full trial, later change his plea to guilty.
Prosecution call six witnesses during the trail. PW2 testify 5that the accused had been arrested on three different occasions and had defrauded Union Bank in the past to the tone of 19.165 million Naira. That the Bank have not been able to successfully prosecute him.
Justice Buba found him guilty on count one & two and consequently convicted and sentenced to five years imprisonment on each count and to run concurrently starting from April 2016 when he was arrested, or an option of fine of three million naira (3,000,000)
Meanwhile, the trio of Idorenyin Okon, Usen Akpan and Ukpai Onyike were arraigned together before Justice Kuewumi on a four-count charge bordering on impersonation and conspiracy to obtain money under false pretence, before transfer the case to Justice Buba on amended five-count charge.
The suspects pleaded not guilty to the charges when they were read to them.

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