BINANCE FALSE CLAIM ON BRIBERY DIVERSIONARY . (PHOTO). #PRESS RELEASE.

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 FEDERAL MINISTRY OF INFORMATION AND NATIONAL ORIENTATION  PRESS STATEMENT  BINANCE FALSE CLAIM ON BRIBERY DIVERSIONARY  The Federal Government of Nigeria is aware of attempts by Binance to launder its impaired image as an organisation that does not play by the rules and laws guiding business conduct in sovereign nations. In a blog post that has now been published by many international media organisations, in an apparent well-coordinated public relations effort, Binance Chief Executive Officer Richard Teng made false allegations of bribery against unidentified Nigerian government officials who he claimed demanded $150m in cryptocurrency payments to resolve the ongoing criminal investigation against the company.  This claim by Binance CEO lacks any iota of substance. It is nothing but a diversionary tactic and an attempted act of blackmail by a company desperate to obfuscate the grievous criminal charges it is facing in Nigeria. The facts of this matter remain that Binance is being inve
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COURT SENDS FRAUDSTER WHO IMPERSONATED NOLLYWOOD ACTOR ' NINALOWO ' TWO ITHERS,TO JAIL IN WARRI. (PHOTOS).#PRESS RELEASE.

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Court Sends Fraudster who Impersonated Nollywood Actor, Ninalowo, Two Others, to Jail in Warri


Justice Okon Abang of the Federal High Court sitting in Warri, on Friday, February 17, 2023, convicted and sentenced three internet fraudsters, Onukwugha Favour, Lawrence David and Omoghan Destiny Igbinosa, to prison on separate one count charge of impersonation and obtaining by false  pretence. 


The charge against Igbinosa reads:”That you, OMOGHAN DESTINY IGBINOSA sometime between 2021 and 2022 at Benin, Edo State within the jurisdiction of this Honourable Court did fraudulently impersonate the Identity of NINALOWO BOLANLE, a Nollywood Actor by fraudulently sending documents to one NEWON QUANON through the internet which documents you claim emanated from the said NINALOWO BOLANLE with the intent to gain advantage for yourself and thereby committed an offence contrary to section 22 (2) (b) (i) of the Cybercrime (Prohibition Prevention, etc.) Act 2015 and punishable under section 22(2) (b) (IV) of the same Act”.


The charge against  Favour reads: That you, ONUKWUGHA FAVOUR sometime between 2021 and 2022 at Benin, Edo State within the jurisdiction of this Honourable Court did fraudulently impersonate the Identity of MARIAH_ 1812, a Citizen of United States of America by fraudulently sending documents to unsuspecting victims through the internet which documents you claim emanated from the said MARIAH_1812 with the intent to obtain money and thereby committed an offence contrary to section 22 (2) (b) (i) of the Cybercrime (Prohibition Prevention etc.) Act 2015 and punishable under section 22(2) (b) (IV) of the same Act”.


Upon arraignment, the defendants pleaded guilty to their respective charge. In view of their plea, the prosecution counsel, I. M.Elodi prayed the court to convict and sentence them accordingly.  The defence counsel, A.J. Onwuanaje and Dickson Egberume pleaded with the court to temper justice with mercy, saying that the defendants have become remorseful for their actions. 


Justice Abang convicted and sentenced Igbinosa to two years imprisonment or a fine of One Million Naira. The defendant is also to forfeit the sum of $2,235.00 and his mobile phone to the Federal Government of Nigeria.


The duo of Favour and David bagged one year imprisonment each or a fine of N500,000 and N200,000 respectively . They are also to forfeit their phones to the Federal Government of Nigeria and to undertake in writing to be of good behaviour henceforth.

One more photo below. 

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