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Cybercrime: Lautech Student Gets 1-year Jail Term, Other Punishment for Committing $104,000 Fraud

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Cybercrime: Lautech Student Gets 1-year Jail Term, Other Punishment for Committing $104,000 Fraud

LAUTECH student gets one year jail term for $104,000 fraud adebowale abiola - 20210325 075445 - Cybercrime: Lautech Student Gets 1-year Jail Term, Other Punishment for  Committing  $104,000 Fraud

A judge has sentenced one Adebowale Abiola, a 500-level student of Ladoke Akintola University of Technology (LAUTECH), Ogbomosho to one-year jail term for committing fraud to the tune of $104,000.

The judge also ordered the court to seize Abiola’s black Mercedes Benz which will be sold and the proceed send to his American victim.

The LAUTECH undergraduate was sentenced by Justice Oluwatoyin Taiwo of the Lagos Special Offences Court.

Abiola was arrested in 2019 by the Economic and Financial Crimes Commission, EFCC agents in the Lekki-axis of Lagos following security tip-off.

adebowale abiola - Crime 300x169 - Cybercrime: Lautech Student Gets 1-year Jail Term, Other Punishment for  Committing  $104,000 Fraud

Mr Abiola, the EFCC said, presented himself as Burton J. Smith, a citizen of the United States of American and ex-military officer, to scam his victim.

While using the identity of Smith, Mr Abiola scammed Courtney Selina Kaye, who sent money to him by selling $104,000 bitcoin from her wallet on the local bitcoin website in 2019.

The anti-graft body arraigned Mr Abiola on a one-count amended charge bordering on possession of fraudulent documents containing false pretence.

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After he pleaded guilty, the prosecuting counsel, I. A. Mohammed, told the court about the plea bargain Adebowale Abiola entered into with the commission and reviewed the case’s facts.

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In her judgment, Ms Taiwo sentenced him to one-year imprisonment with an option of N300,000 fine. The convict will also forfeit N5 million the EFCC recovered from him.

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