The Calabar Division of the Court of Appeal has upheld the conviction of a notorious international fraudster, Scales Olatunji who was convicted for internet fraud and money laundering charges by a Federal High Court, sitting in Uyo, Akwa Ibom State.
EFCC Spokesperson Wilson Uwujaren in a statement on Tuesday said the court seated on Friday, June 23, 2023.
Justice Agatha Okeke had on June 27, 2022 found Olatunji guilty of forty-five count charges of internet fraud and money laundering preferred against him by the Uyo Zonal Command of the Economic and Financial Commission, (EFCC) and sentenced him to 235 years imprisonment, without an option of a fine.
The convict was prosecuted, following the receipt of a petition by Oslo Police District, Norway, requesting the assistance of the Commission in investigating a network of Nigerian citizens, who had serially duped some Norwegians.
Investigations showed that the convict belonged to a syndicate of internet fraudsters who specialized in Business Email Compromise, (BEC). Olatunji defrauded the Norwegian Government and its citizens to the tune of N525, 172, 580 (Five Hundred and Twenty-Five Million, One Hundred and Seventy-Two Thousand, Five Hundred and Eighty Naira).
He used the proceeds of the crime to purchase luxurious properties in choice areas within Lagos State.
The offence is in contravention of the provisions of Section 18 (a) of the Money Laundering (Prohibition) Act 2011 (as amended) and punishable under Section 15 (3) of the same Act.
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