20-year-old convicted of cryptocurrency fraud
The court also ordered the convict to pay N257, 500 to his victim as restitution.
ADVERTISEMENT
The Federal High Court in Makurdi, Benue State, on Tuesday convicted a 20-year-old, Victor Ogaraku, of cryptocurrency-related fraud.
A statement by the EFCC’s spokesperson, Wilson Uwujaren, said the trial judge, Mobolaji Olajuwon, sentenced him to six months’ imprisonment with an option of N50,000 fine.
The judge also ordered the convict to pay the sum of N257, 500 to his victim as restitution.
The judge passed the judgment after the convict pleaded guilty to one count of obtaining N257,500 from Otokpa Joseph Orinya as payment for cryptocurrency.