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Fraud: Online biz Owner Promises 100% ROI, lands in prison

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It has been noticed in recent times that a lot of online businesses that tend to offer mouth-watering Returns on Investment has been invoke.

A lot of people who do not make proper findings about the businesses concerning its legibility tend to fall prey to some hoodlums who have hid under the canopy of online business to defraud their unsuspecting victims.

A High Court in Kaduna State on Wednesday has sentenced Francis Emmanuel, to one year imprisonment for defrauding a trader of N300,000.00 through an online platform.

Delivering judgment, Justice M.T.M Aliyu, also ordered the convict to pay a restitution of N300,000.00 to the nominal complainant, Julius David.

The Economic and Financial Crimes Commission (EFCC), Kaduna Zonal Office had earlier arraigned and charged Emmanuel with fraud.

Justice Aliyu gave the convict an option to pay a fine of N100,000.00, after he pleaded guilty and begged for leniency.

The EFCC counsel, Onyeka Ekweozor told the court that the convict allegedly convinced David through a social media account, to invest in an online business with a promise of a100 per cent returns on investment (ROI) within 24 hours.

Onyeka said, from the evidence on ground, David transferred N200,000.00 and N100,000.00 in two different accounts owned by the convict.

The anti-graft counsel said that after the money was transferred, the convict blocked the complainant.

All efforts made to recover the money proved abortive.

The offence is punishable by law, in line with the provisions of Section 309 of the Kaduna State Penal Code, 2017.

The defence counsel K. J. Garba, appealed for mercy, on behalf of the convict, saying that he, the convict was a first time offender who has promised never to indulge in such acts anymore.

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[BREAKING] Arms fund probe: Finally, Army chief appears before Reps

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The Chief of Army Staff, Lt.-Gen. Ibrahim Attahiru, is currently appearing before the House of Representatives’ Ad Hoc Committee on the Need to Review the Purchase, Use and Control of Arms, Ammunition and Related Hardware by Military, Paramilitary and Other Law Enforcement Agencies.

The committee had no less than two times invited Attahiru and Governor of the Central Bank of Nigeria, Godwin Emefiele, to answer questions on the procurement of arms and ammunition.
On Friday, the committee, after a long wait, postponed the investigative hearing till Monday.

Read Also: Police Kills another Black man in Minneapolis, sparks fresh protest

Earlier on March 22, 2021, the committee had, after the failure by the CBN governor and the COAS to appear before it, summoned them to appear before on April 7, 2021.

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Three Alledged Bandits killed in katsina State

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Three Alledged Bandits killed in katsina State

Three gunmen alleged to be bandits has been killed by the residents of Magamar Jibia border community, Katsina State on Sunday.

The Residents said the gunmen had entered the community on vehicles and motorcycles around 11pm on Sunday and invaded the house of one of the residents.

The house-owner reportedly raised alarm, which prompted the community residents, who were mainly youths, to mobilize and confront the bandits.

It was learnt that the youths overpowered the gunmen who then made a retreat to the nearby forest where they came from.

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The youths reportedly killed three of the bandits while the rest escaped to the forest.

One of the community leaders who pleaded for anonymity said, “The youths killed three of the bandits. In fact, they burnt two of the bandits to ashes while the corpse of the third bandit was removed by the police this morning (Monday).”

The Spokesman for the Katsina Police Command, SP Gambo Isah was yet to react to the incident by Monday afternoon, although another community leader in the area, Gide Dahiru had confirmed the incident.

Gide said, “Yes, the bandits came on Sunday night but the residents confronted them, leading to the death of three of the bandits. The rest of the bandits escaped back to the forest.”

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Kidnapped Imo Catholic Priest Regains Freedom

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The Kidnapped Catholic Priest, Rev. Fr. Izu Marcell Onyeocha, has been released on Monday morning.

The Imo State Police Command spokesman, Orlando Ikeokwu, confirmed the priest’s release.

Rev. Fr. Izu Marcell Onyeocha, was kidnapped on Sunday, April 11, 2021 along the Ihube – Okigwe highway by gunmen, after his vehicle broke down on the busy expressway Sunday night.

Orlando had told journalists that one Bissong Isa Atugu who was in the same Nissan Exterra SUV, said Fulani herdsmen allegedly took the priest away after inflicting him with machete cuts.

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