Court jails 3 fraudsters for stealing N480,000

By Chizoba Ogbeche
Abuja

Justice Oluwatoyin Ipaye of a Lagos High Court, sitting in Ikeja, has convicted and sentenced the trio of James Ettete; Ekene Jude and Abidemi Adesanya to two and half years imprisonment each, for stealing the sum of N480,000, belonging to Skye Bank Plc.
Economic and Financial Crimes Commission, (EFCC) Head, Media & Publicity, Wilson Uwujaren, in a statement, yesterday, in Abuja, said: “They were arraigned in May 2014, on a six- count charge, bordering on conspiracy to commit felony, forgery and use of false document.”
According to him, “Justice Ipaye found them guilty on all the counts and convicted them accordingly. The sentence is to run from the day of arraignment.”
The spokesperson further stated that the management of Skye Bank had petitioned the EFCC over their fraudulent activities and the commission’s investigation revealed that they were operating as a syndicate of fraudsters, who specialised in stealing bankers’ identity, to enable them effect fraudulent wire transfers from unsuspecting and well-funded customers’ account.
He said: “They contacted some staff of the bank to join the syndicate. However, the staff members informed the bank and were asked to play along. They were later arrested by operatives of the EFCC.”