NANS Executive Get Jail Sentence Over N195m Cyber fraud

 

on NANS executive jailed over N195m internet fraud

A 200-level student of the Department of Economics and Development Studies of the Federal University, Oye-Ekiti, (FUOYE) named, Adeyemi Israel Abiodun, has been sentenced to one-year imprisonment for internet-related fraud.

Adeyemi who is the Director of Logistics for the National Association of Nigerian Students (NANS), FUOYE Chapter, was sentenced alongside 40 other fraudsters on a separate one-count charge before four judges of the Oyo State High Court, Ibadan.

According to a statement issued by the EFCC, on Wednesday, August 24, their offenses bordered on impersonation, obtaining money under false pretense, obtaining property by false pretense, and forgery.

Abiodun who was arraigned before Justice Iyabo Yerima was accused of conspiring with one Odaise Precious Abiola (aka Prezzy) (at large) on 30th March 2022 at Ibadan, to forge cheques of various banks in the United States of America.

Adeyemi was arrested back in March 2022 alongside 79 others in a sting operation by the EFCC for alleged internet fraud. Investigations revealed that, between July 2021 and March 2022, the student benefited N195, 274, 331.00 as a cumulative heist from cyber-fraud involving forgery of over 25 US banks cheques.

Management of the University have not said anything about the development.