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30 Cybercriminals Convicted in Major Ibadan Fraud Bust

2/20/2025

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Summary

Story summary

In a significant crackdown on cybercrime, the Economic and Financial Crimes Commission has convicted 30 internet fraudsters in Ibadan, Oyo State. Sentences varied from three months to a year, with fines ranging from ?30,000 to ?200,000. One convict faces asset forfeiture and must repay ?8,731,000, highlighting the serious consequences of online fraud.

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Story summary

In a significant crackdown on cybercrime, the Economic and Financial Crimes Commission has convicted 30 internet fraudsters in Ibadan, Oyo State. Sentences varied from three months to a year, with fines ranging from ?30,000 to ?200,000. One convict faces asset forfeiture and must repay ?8,731,000, highlighting the serious consequences of online fraud.