A suspected internet fraudster, Ukoh Michael Odeh, has been sentenced to one year in jail for his inability to account for the N6m found in his bank account.
Justice O.A Egwuatu of the Federal High Court, in the Maitama area of Abuja sentenced Odeh for one count charge of fraud which was brought against him by the Makurdi Zonal command of the Economic and Financial Crimes Commission(EFCC).
The charge reads:
“That you, Ukoh Michael Odeh, between 2022 and 2023 in Makurdi, Benue State within the jurisdiction of this Honourable Court did fail to account for the source of N6,000,000 (Six Million Naira only) in your FCMB account No: 4668442010 when you reasonably ought to have known or suspected that the said unaccounted funds formed part of the proceeds of an unlawful activity to wit: Fraud and Money laundering and thereby committed an offence contrary to Section 20 (a) of the Money Laundering (Prevention and Prohibition) Act, 2022 and punishable under Section 20(b) of the same Act”.
Odeh, who pleaded guilty when the charge was read to him, was convicted and sentenced to one year imprisonment with an option of N300,000.00 fine.