Court jails man one year for $115,000 Internet fraud

The EFCC stated that Igbo’s journey to the correctional centre started when a petitioner, East Baton Rouge Parish (Aaron Bakker), an American, alleged that the convict pretending to be one Jessica  Allen, a purported crypto investor, stole $115,000 worth of Bitcoins from him on ttp://Blockchain.com after presenting an investment opportunity to him, which turned out to be fake. The judge also ordered that the sum of $16, 110 and $67,487.79 worth of cryptocurrency recovered from him and the money in his bank account be used to restitute his victim through the American embassy. The EFCC prosecution counsel, M.K Hussain, told the court that the convict posed as a lady by pretending to be Jessica Allen, a successful cryptocurrency trader in the United States of America. According to the prosecutor, the offence committed contravened Section 321 of the Penal Code Act Abuja, Cap 532 LFN 2004 and is punishable under Section 324 of the same Act. In that assumed character, the convict fraudulently obtained 5.26 Bitcoins worth $115,000, the property of Aaron Baker, by false pretence.