Close Menu
Chronicle NG
    Trending Stories
    Asisat Oshoala celebrates after scoring the winning goal as the Super Falcons defeated Zambia 1-0 in their 2026 WAFCON Group C match in Rabat, Morocco.

    Super Falcons beat Zambia 1-0 to revive WAFCON title defence

    August 2, 2026
    INEC publishes Tinubu, Obi, Atiku, other 2027 presidential candidates' credentials

    INEC publishes Tinubu, Obi, Atiku, other 2027 presidential candidates’ credentials

    August 1, 2026
    Peter Obi speaking on the need to rehabilitate existing infrastructure before embarking on new flyover projects in Nigeria.

    Obi backs Tinubu on flyovers, urges rehabilitation of decaying roads

    August 1, 2026
    Facebook X (Twitter) Instagram
    Trending
    • Super Falcons beat Zambia 1-0 to revive WAFCON title defence
    • INEC publishes Tinubu, Obi, Atiku, other 2027 presidential candidates’ credentials
    • Obi backs Tinubu on flyovers, urges rehabilitation of decaying roads
    • Wike reveals Fubara’s mistakes as Rivers governor
    • Spain says nearly all 60,000 Ceuta migrants have returned to Morocco
    • CAC under fire over alleged duplicate trustee registration
    • UEFA says Infantino’s ‘FIFA leadership has lost our confidence’
    • Obasanjo angry I stood against third-term agenda – Atiku
    Facebook X (Twitter) Instagram
    Chronicle NGChronicle NG
    Subscribe
    Sunday, August 2
    • 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

    INEC publishes Tinubu, Obi, Atiku, other 2027 presidential candidates' credentials

    INEC publishes Tinubu, Obi, Atiku, other 2027 presidential candidates’ credentials

    Peter Obi speaking on the need to rehabilitate existing infrastructure before embarking on new flyover projects in Nigeria.

    Obi backs Tinubu on flyovers, urges rehabilitation of decaying roads

    APC to resolve Fubara, Wike crisis

    Wike reveals Fubara’s mistakes as Rivers governor

    Migrants wade into Spain's North African enclave of Ceuta after crossing from Morocco as security forces monitor the border.

    Spain says nearly all 60,000 Ceuta migrants have returned to Morocco

    Lawyers seek cancellation of duplicate CAC registration over alleged CAMA breach

    CAC under fire over alleged duplicate trustee registration

    Chief Olusegun Obasanjo, Atiku Abubakar and Prince Uche Secondus

    Obasanjo angry I stood against third-term agenda – Atiku

    Add A Comment
    Leave A Reply Cancel Reply

    Subscribe to News

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

    Asisat Oshoala celebrates after scoring the winning goal as the Super Falcons defeated Zambia 1-0 in their 2026 WAFCON Group C match in Rabat, Morocco.

    Super Falcons beat Zambia 1-0 to revive WAFCON title defence

    August 2, 2026
    INEC publishes Tinubu, Obi, Atiku, other 2027 presidential candidates' credentials

    INEC publishes Tinubu, Obi, Atiku, other 2027 presidential candidates’ credentials

    August 1, 2026
    Peter Obi speaking on the need to rehabilitate existing infrastructure before embarking on new flyover projects in Nigeria.

    Obi backs Tinubu on flyovers, urges rehabilitation of decaying roads

    August 1, 2026
    APC to resolve Fubara, Wike crisis

    Wike reveals Fubara’s mistakes as Rivers governor

    August 1, 2026
    Migrants wade into Spain's North African enclave of Ceuta after crossing from Morocco as security forces monitor the border.

    Spain says nearly all 60,000 Ceuta migrants have returned to Morocco

    August 1, 2026
    Facebook X (Twitter) Instagram
    • Politics
    • News
    • Sports
    • Business
    • About Us
    © 2026 ChronicleNG

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