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Punch Newspapers punchng.com 04 Aug, 2022 00:15 am

Court jails Lagos cryptocurrency trader for stealing

Court jails Lagos cryptocurrency trader for stealing
A cryptocurrency trader, Shola Henry, has been sentenced to two years’ imprisonment by the Ikeja Special Offences Court, Lagos State, for stealing N18,460,000 belonging to a businessman.

Henry and his company, Henry Enterprise Concept, were charged by the Economic and Financial Crimes Commission with an amended seven counts bordering on obtaining money under false pretences and stealing.She ordered the convict and his company, Henry Enterprise Concept, to make restitution to the nominal complainant in the sum of N18,460,000 within the next six months.4th August 2022 4th August 2022 A cryptocurrency trader, Shola Henry, has been sentenced to two years’ imprisonment by the Ikeja Special Offences Court, Lagos State, for stealing N18,460,000 belonging to a businessman.Yerima prayed the court to order the convict to make restitution to the nominal complainant and forfeit items recovered from him.

Justice Taiwo sentenced Henry to two years’ imprisonment with a fine option of N2m.The defence counsel, Adeola Onikosi, prayed the court to temper justice with mercy.

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