Two jailed for N125,000 money scam by EFCC

Find the EFCC Press statement below
Justice Kudirat Jose of the Lagos
State High Court, Ikeja on
Thursday, October 9, 2014,
convicted and sentenced the
duo of Sunday John Ntephe and
Olomosu Kola to one year
imprisonment each for
conspiracy and obtaining money
by false pretence.

The two convicts were arraigned
on September 30, 2014 by the
Economic and Financial Crimes
Commission, EFCC on a 2-count
charge that bordered on
advance fee fraud and obtaining
money under false pretence.
The convicts allegedly obtained the
sum of N125,000 from one Adetiba
Oluwafemi in a money making scam
popularly called wash wash.
While taking their pleas, they
pleaded guilty on all charges
preferred against them.
Justice Jose subsequently sentenced
them to one year imprisonment
each. He ordered the first and
second defendants to pay the sum of
N80, 000 (Eighty Thousand Naira)
and N40, 000 (Forty Thousand Naira)
respectively, to the victim as
restitution.
The sentences are to run
concurrently.

One of the counts reads: "Sunday
John Ntephe between October and
November 2013 at Lagos within the
Ikeja Judicial Division with intent to
defraud obtained the sum of N125,
000,000 (One Hundred and Twenty
Five Thousand Naira) under false
pretence from one Adetiba
Oluwafemi that you are capable of
producing currency by washing and
dipping in a chemical substance
which pretence you knew was false".