NewStats: 3,259,435 , 8,170,099 topics. Date: Sunday, 25 May 2025 at 12:36 AM 3bf3d

Justice Abimbola Awogboro of the Federal High Court sitting in Ilorin has sentenced a 23-year-old serial internet fraudster, Adebisi Emmanuel Olalekan, to 24 months imprisonment without the option of fine.


Olalekan, a native of Omuo-Ekiti in Ekiti East Local Government Area of Ekiti State, was convicted on Wednesday, May 21, 2025 after he was found guilty of the two-count charge of offences bordering on cybercrime, including cheating and impersonation preferred against him by the Ilorin Zonal directorate of the Economic and Financial Crimes Commission, EFCC.


In addition to the prison sentence, the court ordered the forfeiture of N124,402,322 (One Hundred and Twenty-Four Million, Four Hundred and Two Thousand, Three Hundred and Twenty-Two Naira) found in Olalekan’s Wema Bank , a white Mercedes Benz ML350 valued at N30 million, and an iPhone 14 Pro Max used in perpetrating the crimes.


The convict was accused of impersonating many foreign nationals including Joshua Compbell Novak, through fake Gmail and TextPlus s between August and December 2024. Through these fraudulent identities, he defrauded victims, including Allisa Motazedi and Brittany Boggess, of $100,000 and $1,000, respectively.

One of the charges reads:

“That you, Adebisi Emmanuel Olalekan, between August 2024 and December 2024 within the jurisdiction of this Honourable Court, fraudulently impersonated one Joshua Compbell Novak via your Gmail and TextPlus number with the intent to obtain a total sum of $100,000 from Allisa Motazedi, which you did obtain, thereby committing an offence contrary to Section 22(2)(ii) of the Cybercrime (Prohibition, Prevention) Act, 2015 and punishable under Section 22(2)(b)(IV) of the same Act.”

Olalekan pleaded guilty to both counts.

Upon his plea, counsel to the EFCC, Sesan Ola, led an investigating officer, Paul Aniebonam, in evidence narrating how the convict created fake online profiles to deceive and defraud unsuspecting foreign victims.

Aniebonam confirmed to the court that proceeds of the fraudulent activities were used to acquire the luxury vehicle in October 2024, while over N124 million in his bank was traced to similar illicit transactions.


He also tendered key exhibits including the bank statement, car documents, mobile device, and four extra-judicial statements made by the defendant.


Justice Awogboro sentenced Olalekan to 12 months imprisonment on each count, to run consecutively. The court also granted the final forfeiture of all traced assets to the Federal Government of Nigeria.


The case originated from a report by the Nigerian Security and Civil Defence Corps (NSCDC), which alerted the EFCC to Olalekan’s cybercriminal activities.

Source: https://vanguardngr.com/Yahoo-Boy-jailed-forfeits-N124m-N30m-Mercedes-Benz-in-Kwara

Na wa

So sad for a young man. See how fast came his downfall. All the fast lane and smartness to what end now? Everything just like a flash is gone with the winds. 30m Benz and your papa no question your source of income at such age.

Brother wey Mumu

The forfeited monies and the car, chai! It is well o!!
It is who the forfeited items will finally end up with that annoys me most. Why not give such money to charity instead of it given to government?

Most yahoo boys are not smart. Only a handful of them are smart.

It just doesn't make sense keeping such amount of money in your bank when you know you got it illegally. Driving a 30m worth of car is insane also especially in a place like Ilorin that most can't afford many things.

Beremx:
The forfeited monies and the car, chai! It is well o!!
It is who the forfeited items will finally end up with that annoys me most. Why not give such money to charity instead of it given to government?

It's not in the government's place to give it out to charity. There are laws guiding stuff like this.

MufasaLion:


It's not in the government's place to give it out to charity. There are laws guiding stuff like this.

then the government should make laws that such monies be given to charity. I know such laws can't be created anyway. No be Nigeria?

Why does he have such amount in his tho...

Beremx:
then the government should make laws that such monies be given to charity. I know such laws can't be created anyway. No be Nigeria?

We don't need such laws. What we need is ability from the government agency that oversees the monies.

MufasaLion:
Most yahoo boys are not smart. Only a handful of them are SMART. It just doesn't make sense keeping such amount of money in your bank when you know you got it illegally. Driving a 30m worth of car is insane also especially in a place like Ilorin that most can't afford many things.

Many yahoo boys fled from plum cities like Lagos, Abuja, PH (Rivers) to places like Kwara, Kaduna, Adamawa, etc, thinking EFCC's eyes are only on those cities, but the EFCC has been surprising them picking them from those states they went to hide

MufasaLion:

It's their lousy lifestyle that gives them away. I always tell people that you can't be living an extreme luxury lifestyle in an environment that most people can't basic things. You'd stand out and that will make you vulnerable to being arrested, killed or harm.

I think you're wrong—it's not a matter of lifestyle inflation not matching their environment. The EFCC uses high tech tracking system that always breaches their own 'palasa' online security, so it doesn't matter where they live — they'd still be ratted out.

MufasaLion:
Most yahoo boys are not smart. Only a handful of them are smart.

It just doesn't make sense keeping such amount of money in your bank when you know you got it illegally. Driving a 30m worth of car is insane also especially in a place like Ilorin that most can't afford many things.

You don't understand bro

Illegal money go dey make you high like person wey dey on kolos 247

The thing go dey ginger you to always announce your "arrival"

Your body no fit ever rest.

Tjra:

You don't understand bro

Illegal money go dey make you high like person wey dey on kolos 247

The thing go don't ginger you to always announce your "arrival"

Your body no fit ever rest.

You may be right but education plays a major role in how you behave even if you made money from fraud. Most of these lousy folks are high school drop-outs.

RenaissanceGuy:
Many yahoo boys fled from plum cities like Lagos, Abuja, PH (Rivers) to places like Kwara, Kaduna, Adamawa, etc, thinking EFCC's eyes are only on those cities, but the EFCC has been surprising them picking them from those states they went to hide .

It's their lousy lifestyle that gives them away. I always tell people that you can't be living an extreme luxury lifestyle in an environment that most people can't afford basic things. You'd stand out and that will make you vulnerable to being arrested, killed or harm.

With #124m liquid cash, you should be able to set-up a solid business that will be generating nothing less than #500k or #1m for you daily. There are many ways to launder money while you maintain a normal lifestyle, be discreet and get connected.

Forefiet it to my

Good 👍

Beremx:
The forfeited monies and the car, chai! It is well o!!
It is who the forfeited items will finally end up with that annoys me most. Why not give such money to charity instead of it given to government?

Even government purse won't see the money. Some ogas at the top will step on it

Bigger thieves don collect small thief money

I will always frown at young boys/men focusing their mind and talent on the wrong things like yahoo or fraud when they can channel the same energy to Tech legally and have peace of mind.

This one go don stingy with the money wey make am receive disgrace like this. They didn't even blur out his face.

He'll pay the fine an start over again....... If we don't get stringent punishment... See forget, boys will keep on scamming innocent people

MufasaLion:
Most yahoo boys are not smart. Only a handful of them are smart.

It just doesn't make sense keeping such amount of money in your bank when you know you got it illegally. Driving a 30m worth of car is insane also especially in a place like Ilorin that most can't afford many things.

trust me you are not even half as smart you are only talking just to fulfill your thoughts. If you have the money why won’t you get a more reliable car or you will rather build a 2 bedroom bongalow just to stay lowkey right? All you can say is regardless the long arm of the law will surely catch up but those talk of not keeping money in , that’s nonsense talks if you have nothing else to say.

KnowledgePower7:
Forefiet it to my

.

I beg.

Omo

These boys dey see money o

124 M liquid cash

Omo

.... how sad, the forfeited money will likely be stolen by occultist government officials/politicians who are licensed to steal !!

dangoteinlaw:
trust me you are not even half as smart you are only talking just to fulfill your thoughts. If you have the money why won’t you get a more reliable car or you will rather build a 2 bedroom bongalow just to stay lowkey right? All you can say is regardless the long arm of the law will surely catch up but those talk of not keeping money in , that’s nonsense talks if you have nothing else to say.

You are just wrong. Rest. You don't know me.

He is into kidnapping and armed robbery.
That money is from ransom payment.
Then they will accuse fulani herdsmen of kidnapping at that axis he lives.

Buhari was right afterall

Tjra:

You don't understand bro

Illegal money go dey make you high like person wey dey on kolos 247

The thing go don't ginger you to always announce your "arrival"

Your body no fit ever rest.

You sabi well ..
First time weh I touch 10 million naira ordinary 10 million naira bros I could feel wings growing behind my back mate.. no jokes .. until you have the money to finance your temptations don’t brag about morals oooooo.. too much is hidden in poverty

Na learner
No street guy with experience keeps more than 1m in their
Hold your money in cold wallets
If u go to jail and come back e go still dey there
Now u have lost everything

MufasaLion:


It's their lousy lifestyle that gives them away. I always tell people that you can't be living an extreme luxury lifestyle in an environment that most people can't basic things. You'd stand out and that will make you vulnerable to being arrested, killed or harm.

With #124m liquid cash, you should be able to set-up a solid business that will be generating nothing less than #500k or #1m for you daily. There are many ways to launder money while you maintain a normal lifestyle, be discreet and get connected.

since they didn't work for d money, they won't be able to think..... And the money isn't clean, some boys have gone too spiritual and into rituals so they won't be able to do something meaningful with d money.... Some will go so broke after 5 or 10 yrs some might even die, depending on d agreement.... So na why dem dey live lavish lifestyle

SUGARCyprian247:
Omo

These boys dey see money o

124 M liquid cash

Omo

Na small money for street

So you know most of those people that blamed them for forfeiting those devilish proceeds always be their next victims and started crying on internet, imagine those who are shouting EFCC, DSS MUST RELEASE VDM ask yourself does VDM ed shits like this?

adenigga:





Source: https://vanguardngr.com/Yahoo-Boy-jailed-forfeits-N124m-N30m-Mercedes-Benz-in-Kwara