8 ‘Yahoo Boys’ Lose N23m, Landed Property, 2 Benz, 4 Lexus, Range Rover, 6 iphones, Others To FG


Eight internet fraudsters, also known as “Yahoo Boys”, have again, been ordered to forfeit some property, being proceeds of crime to the federal government by Justice F.A Olubanjo of the Federal High Court in Asaba, Delta State.

They were also convicted and sentenced to five years jail term by Justice Olubanjo for  offences bordering on impersonation with intent to defraud.

Some of the convicts

Their conviction was secured by the Benin Zonal Command of the Economic and Financial Crimes Commission, EFCC, on Monday, November 29.

The forfeited property included an uncompleted storey building/land within Ugbeyiyi village, Sapele, Delta State;  Commercial Hotel at Igbeku / Adjekimoni Road,  Igbeku, Amukpe, Sapele, Delta State; two  lexus RX 350; Mercedes Benz ML 350;  Two Lexus ES 350,  2014 model; a Range  Rover  Evoque; a red GL Mercedes  Benz; iPhone 11 pro max; four iPhone 12 pro max; iPhone 6 plus; one Techno spark 5 pro; one Apple Wrist  Watch;  and a cash sum of N23,182,212.97

A statement issued on Tuesday by the EFCC, said the names of the convicts are: Eleadi Godspower, Okoh Paul, Okoro Marvelous Atiti, Osaro Osasere, Osamwonyi Precious  Etinosa, Godstime Imariebe, Ohumumwen Osaaremen  and Christopher Momudu.

Paul, Atiti, Osasere,Etinosa, Imariebe, Mamudu and Osaaremen  were prosecuted on a one count charge of intent to defraud while  Eleadi Godspower  and his company, Eleadi and Sons Energy Ltd were arraigned for fraudulent impersonation..

The charge against Eleadi Godspower reads: “That you Eleadi Godspower and  Eleadi and Sons  Ltd, sometimes between  February 2018 and October  2019 at Sapele, Delta State,  within the jurisdiction of this Honourable Court, did  aid one Ahmef Ohwerhi (now at large) to fraudulently impersonate  other persons  abroad with intent to obtain the  sum of $ 1,463,570 and thereby committed an offence contrary to Section 27(1)(b) of the Cybercrime (Prohibition, Prevention, Etc) Act 2015 and punishable under Section 22(1)(b) (iv) of the same Act”.

The charge against Etinosa reads: “That you, Osamwonyi Precious Etinosa, sometimes between year 2019 and 12th September, 2021, at Benin City, Edo State within the jurisdiction of this Honourable Court, with intent to defraud, sent electronic message which materially misrepresented  your identity to Yvonne Elsey, an American upon which she relied  and suffered  financial lost in the sum of N 32, 431.814 and thereby committed an offence contrary to and punishable under Section 14 (2) of the Cybercrime  (Prohibition, Prevention, Etc) Act 2015”.

The defendants pleaded “guilty” to the charge preferred against them by the EFCC, prompting the prosecution counsel, Francis Jirbo, to ask the court to convict and sentence the defendants in line with their guilty plea.

Justice Olubanjo, convicted and sentenced Paul, Marvelous,  Osariemen, Momudu, Etinosa and Imariebe  to five years imprisonment  with an option of One Million Naira fine each.

Eleadi Godspower and his company, Eleadi and Sons Energy Ltd were sentenced to five years imprisonment with an option of One Million Five Hundred Thousand Naira (N1,500,000) as fine. 

Osasere, however, bagged five years imprisonment with an option of Five Hundred Thousand Naira (N500, 000) as fine.

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