Thursday 18 December 2014

Fraudster Jailed for 63yrs for Stealing N4.9m In Lagos High Court


Fraudster Jailed for 63yrs in lagos

It was the end of the for Benjamin Segun Bright when he bagged 63yrs in Lagos High court  by Jusitce Oluwatoyin Ipaye with no option of fine.

The convict was arraigned on July 10, 2012 by the Economic and Financial Crimes Commission, EFCC, for stealing the sum of N4,994,000( Four Million, Nine Hundred and Ninety-Four Thousand Naira only) from various investors, whom he deceived,  by making them believed that their money would be invested in his purported companies.


The convict pleaded not guilty at the point of arraignment. He went through trial and was found guilty of all the twenty-one count charges preferred against him.

Justice Ipaye sentenced the convict to three years imprisonment on each of the 21 count charges without option of fine. The sentences are to run concurrently.

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