Cybercrime/fraud
FRN vs Eze Harrison Arinze
Eze Harrison Arinze
$592,000.00
Case Summary
The accused was alleged to have fraudulently impersonated one Charlotte Brain a purported owner of digitrades, netxxxxxxxxxxxxxx investment platforms on telegram and in that assumed character obtained cryptocurrency worth the said sum from Coinbase exchange users, through his bitcoin address domiciled with Coinbase, a Virtual Asset Service Provider.
0
Year(s) case tried in court
Case Update
In view of the defendant’s plea, the trial judge thereafter convicted and sentenced him to three years imprisonment, with an option of N3,000,000.00 (Three Million Naira) fine. He added that 11.07 Bitcoins valued at $461,280.70 (Four Hundred and Sixty One Thousand, Two Hundred and Eighty Dollars, Seventy Cent) as to be restituted to the 34 victims from 13 countries as identified.
Furthermore, the judge ordered that a total sum of N37,977,108.00 (Thirty Seven Million, Nine Hundred and Seventy Seven Thousand, One Hundred and Eight Naira) domiciled in the convict’s bank accounts be forfeited to the Federal Government of Nigeria, including a plot of land located at plot No. 34 Anioma Layout, Umuchigbo Iji-nike in Enugu East Local Government Area of Enugu State measuring approximately 1380.609 Squares meters.
Hon. Justice James K. Omotosho
Federal High Court, Maitama, Abuja
ACJA/ACJL Compliance - complied