ADVERTISEMENT

Wonder banker to spend 63 years behind bars for stealing N4.9m

A wonder banker who conned investors to the tune of N4.9m will spend 63 years in jail.

The Economic and Financial Crimes Commission, EFCC, has secured a 63-years jail time for a fraudster, Benjamin Segun Bright, for stealing the sum of N4,994,000 from investors whom he had deceived into believing he would invest such monies in his purported companies, only to pocket the money.

Justice Oluwatoyin Ipaye of the Lagos State High Court sitting in Ikeja, passed the huge sentence on  Bright, without option of fine.

The EFCC said the convict was arraigned on July 10, 2012, on a 21-count charge of stealing and obtaining by tricks.

Justice Ipaye found Bright guilty of all the 21 charges preferred against him and sentenced him to three years imprisonment on each count.

JOIN OUR PULSE COMMUNITY!

Unblock notifications in browser settings.
ADVERTISEMENT

Eyewitness? Submit your stories now via social or:

Email: eyewitness@pulse.ng

Recommended articles

Nigeria@64: Revisiting notable intersections between politics and music

Nigeria@64: Revisiting notable intersections between politics and music

10 songs that celebrate Nigeria & inspire patriotism

10 songs that celebrate Nigeria & inspire patriotism

They say 'E go better,' it's getting worse - Basketmouth on Nigeria's economy

They say 'E go better,' it's getting worse - Basketmouth on Nigeria's economy

We'll soon reduce electricity costs - Minister assures Nigerians

We'll soon reduce electricity costs - Minister assures Nigerians

Nigeria is now like Vietnam - Reno Omokri says after meeting Tinubu at Aso Rock

Nigeria is now like Vietnam - Reno Omokri says after meeting Tinubu at Aso Rock

BSIEC announces its readiness to conduct LG election in Benue

BSIEC announces its readiness to conduct LG election in Benue

FCT Fire Service responds to 271 incidents & saves 11 lives in 8 months

FCT Fire Service responds to 271 incidents & saves 11 lives in 8 months

Amotekun Corps thwarts 5 kidnap attempts, rescues 9 victims in Ondo State

Amotekun Corps thwarts 5 kidnap attempts, rescues 9 victims in Ondo State

Switch Visuals makes Nollywood Debut with Feature film, ‘A Weekend Fiasco’

Switch Visuals makes Nollywood Debut with Feature film, ‘A Weekend Fiasco’

ADVERTISEMENT
ADVERTISEMENT