Close Menu
Chronicle NG
    Trending Stories
    Irate mob sets Ebola hospital on fire in DR Congo

    Irate mob sets Ebola hospital on fire in DR Congo

    May 22, 2026
    Kaduna State Governor Uba Sani addressing judiciary staff union leaders during a meeting at Sir Kashim Ibrahim House in Kaduna.

    JUST IN: Sani approves nearly N1bn for Kaduna workers’ entitlements

    May 22, 2026
    Trump : You're on your own, US tells citizens in Israel amid Middle East tensions 

    Trump sends 5000 US troops to Poland, NATO gives nod

    May 22, 2026
    Facebook X (Twitter) Instagram
    Trending
    • Irate mob sets Ebola hospital on fire in DR Congo
    • JUST IN: Sani approves nearly N1bn for Kaduna workers’ entitlements
    • Trump sends 5000 US troops to Poland, NATO gives nod
    • Mixed reactions trail JAMB registrar Segun Aina appointment
    • Alia wins Benue APC governorship primary election
    • Police deploy flash bangs, armoured vehicle in St. John’s drug raid
    • Police probe officer who threatened to kill people filming him
    • DHQ says Oyo kidnap carried out by JAS terrorists
    Facebook X (Twitter) Instagram
    Chronicle NGChronicle NG
    Subscribe
    Friday, May 22
    • News
      • Nigeria News
      • World News
      • Headlines News
    • Politics
    • Business
    • Sport
    • Entertainment
    • Contact Us
    Chronicle NG

    Praise Igbo: Court jails man for $115,000 Bitcoin fraud

    David GreatBy David GreatDecember 11, 2024No Comments2 Mins Read
    Facebook Twitter Telegram WhatsApp
    Praise Igbo: Court jails man for $115,000 Bitcoin fraud
    Praise Igbo
    Facebook Twitter WhatsApp

    The Federal Capital Territory (FCT) High Court in Jabi, Abuja, has convicted and sentenced Praise Humphrey Igbo, also known as Jessica Allen, to one year in prison for internet fraud amounting to $115,000.

    The judgment was delivered by Justice H.L. Abba-Aliyu on Wednesday, December 11, 2024.

    The Economic and Financial Crimes Commission (EFCC) prosecuted Igbo on a one-count charge of internet crime, criminal impersonation, obtaining money under false pretenses, and money laundering.

    According to the EFCC, in a statement by it Head of Media and Publicity, Dele Oyewale, Igbo deceived an American victim, Aaron Baker, by posing as “Jessica Allen,” a successful cryptocurrency trader. The court was told that Igbo “fraudulently obtained 5.26 Bitcoins worth One Hundred and Fifteen Thousand United States Dollars ($115,000) by false pretense,” an act described as contrary to Section 321 of the Penal Code Act Abuja, Cap 532 LFN 2004, and punishable under Section 324 of the same Act.

    When the charge was read, Igbo pleaded guilty, prompting EFCC counsel M.K. Hussain to request his conviction and sentencing.

    • N6m Fraud: Court jails Aisha Alkali Wakil, two others

    Justice Abba-Aliyu sentenced Igbo to one year in prison but gave him the option of paying a fine of ₦1 million. She also ruled that funds recovered from Igbo—$16,110 in cash, $67,487.79 worth of cryptocurrency, and money in his bank account—should be used to restitute the victim through the American Embassy.

    The case began when Baker, a resident of East Baton Rouge Parish in the United States, petitioned the EFCC, alleging that Igbo, under the guise of offering a cryptocurrency investment opportunity on Blockchain.com, had swindled him.

    Oyewale further reassured the public of the agency’s commitment to combating cybercrime and ensuring justice for victims.

     

    Share. Facebook Twitter Telegram WhatsApp

    Keep Reading

    Irate mob sets Ebola hospital on fire in DR Congo

    Irate mob sets Ebola hospital on fire in DR Congo

    Kaduna State Governor Uba Sani addressing judiciary staff union leaders during a meeting at Sir Kashim Ibrahim House in Kaduna.

    JUST IN: Sani approves nearly N1bn for Kaduna workers’ entitlements

    Trump : You're on your own, US tells citizens in Israel amid Middle East tensions 

    Trump sends 5000 US troops to Poland, NATO gives nod

    Nigerians reacting on social media to the appointment of Segun Aina as new JAMB registrar announced by President Tinubu.

    Mixed reactions trail JAMB registrar Segun Aina appointment

    The Governor of Benue State, Hyacinth Alia, has expressed deep sorrow over the death of ten people in a tragic accident in the Okete community, Ohimini Local Government Area.

    Alia wins Benue APC governorship primary election

    RCMP tactical armoured vehicle and heavily armed officers outside a Spencer Street home during a police raid in downtown St. John’s.

    Police deploy flash bangs, armoured vehicle in St. John’s drug raid

    Subscribe to News

    Be the first to get the latest news updates from ChronicleNG about world, sports, politics etc

    Irate mob sets Ebola hospital on fire in DR Congo

    Irate mob sets Ebola hospital on fire in DR Congo

    May 22, 2026
    Kaduna State Governor Uba Sani addressing judiciary staff union leaders during a meeting at Sir Kashim Ibrahim House in Kaduna.

    JUST IN: Sani approves nearly N1bn for Kaduna workers’ entitlements

    May 22, 2026
    Trump : You're on your own, US tells citizens in Israel amid Middle East tensions 

    Trump sends 5000 US troops to Poland, NATO gives nod

    May 22, 2026
    Nigerians reacting on social media to the appointment of Segun Aina as new JAMB registrar announced by President Tinubu.

    Mixed reactions trail JAMB registrar Segun Aina appointment

    May 22, 2026
    The Governor of Benue State, Hyacinth Alia, has expressed deep sorrow over the death of ten people in a tragic accident in the Okete community, Ohimini Local Government Area.

    Alia wins Benue APC governorship primary election

    May 22, 2026
    Facebook X (Twitter) Instagram
    • Politics
    • News
    • Sports
    • Business
    • About Us
    © 2026 ChronicleNG

    Type above and press Enter to search. Press Esc to cancel.