Two Yahoo Boys convicted of ditching luxury cars in Abeokuta
Two men, named Komolafe Ololade Olajide and Olaniyi Joshua Omobolaji, were convicted by Federal High Court Judge Mohammed Abubakar at a meeting in Abeokuta on Wednesday 3 March 2021 for identity theft.
The offense is contrary to section 22 (2) (b) (i) and is punishable under section 22 (2) (b) (iv) of the Cybercrime (Prohibition, Prevention, etc.) Act 2015.
They were convicted on separate charges of preferable fraud against them by the Zonal Division of the Ibadan Economic and Financial Crimes Commission.
Komolafe, 30, who claims to have graduated from the Computer Science Department of Osun State University, was arrested on January 22, 2021.
In the course of the investigation, a number of compromising documents were extracted from his e-mail.
After the lawsuit was changed following the plea bargain, he pleaded “guilty.”
Subsequently, Judge Abubakar sentenced Komolafe to six months in prison with the possibility of a fine of 300,000 (three hundred thousand naira).
In addition to the conviction, Komolafa was also ordered to return a total of 1,319,708.85 thousand Nai (one million three hundred nineteen thousand seven hundred eight naira eighty-five kobo).
The court also ordered the confiscation of his iPhone 12, Samsung S5 and Samsung Galaxy S6 mobile phones; MacBook, 2008 Toyota Corolla, 2013 Toyota Venza and 2013 Toyota Camry; and a bungalow with 4 bedrooms.
Likewise, Judge Mohammed Abubakar sentenced Olaniyi to four months in prison, with the possibility of a fine of 100,000 naira (one hundred thousand naira).
He was also ordered to hand over a Samsung A51 mobile phone and a Lexus ES 330 vehicle to the federal government of Nigeria.