Man Jailed for Cryptocurrency Fraud

A young man identified as Emmanuel Simon has been sentenced to three months in prison for offences bordering on internet fraud.

Emmanuel was arraigned before Justice Datius Khobo of the Kaduna State High Court on the 26th of October 2022.

It was gathered that Mr Emmanuel was arrested by the operatives of the Economic and Financial Crime Commission, EFCC, following an intelligence report linking him to cyber crimes.

He is said to have used the Instagram account name, Hack4ord and Mrs Gina from California, USA, to send scam messages to unsuspecting persons to defraud them by telling them to invest in cryptocurrency trading with the promise that they would make a profit in seven days.