LAUTECH undergraduate student jailed for $104,500 love scam
An undergraduate, Adebowale Taiwo Abiola, has been sentenced to three hundred and sixty five days imprisonment for love scam.
Abiola is a 500 level student of Ladoke Akintola University of Technology (LAUTECT), Ogbomoso, Oyo State.
The Economic and Financial Crimes Commission (EFCC) arrested him after intelligence about the crook activities of a fraud syndicate in Lekki.
The convict, who is living at Brownstone Estate, Ikate, Elegushi, offered himself as Burton J. Smith, an American, to defraud his victims.
While the use of the identification of Smith, an ex-military personnel, Abiola scammed Courtney Selina Kaye, who despatched cash to him by selling $104,500 bitcoin from her wallet on localbitcoin internet site in 2019.
The EFCC arraigned him on a one count amended charge bordering on ownership of fraudulent files containing fake pretence.
After Abiola pleaded guilty to the charge, prosecution counsel, I. A. Mohammed, advised the courtroom about his plea bargain.
Justice O. A. Taiwo sentenced him to 365 days imprisonment, with a possibility of N300,000 fine.
She held that N5million recovered from Abiola be forfeited to the Kaye, via the Federal Government
Justice Taiwo additionally ordered that his black Mercedes Benz GLK (AKD 573 GK) be forfeited to Kaye via the Federal Government.
Furthermore, N26.6million, being the remaining component of $104,500 received from Kaye, can be restituted to her from the convicts assets.
The convict have to input right into a bond with the EFCC to be of accurate behaviour and in no way interact in monetary crimes within and out of doors Nigeria after his release from prison.