TRUMP ISSUES PARDON TO FORMER REPUBLICAN CONGRESSMAN STEPHEN BUYER AFTER INSIDER TRADING CONVICTION. (PHOTO).

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Trump issues pardon to former Republican congressman Stephen Buyer after insider trading conviction    President Donald Trump has issued a full pardon to former Republican congressman Stephen Buyer, who served nearly two years in prison after being convicted of insider trading tied to post-congressional consulting work. Buyer was sentenced in 2023 to 22 months in prison for illegal stock trades made while working as a consultant and lobbyist. He was ordered to forfeit more than $350,000 in ill-gotten gains and pay a $10,000 fine. He was released from custody in 2025 after his conviction was upheld, with the Supreme Court declining to take up his appeal earlier this year. In issuing the pardon, Trump described Buyer’s service as a judge advocate general in the U.S. Army and his time in Congress as “distinguished and highly productive.” The pardon, dated Thursday and released by the White House on Friday, grants Buyer “a full, complete, and unconditional pardon.” Buyer has maint...
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UNDERGRADUATE BAGS TWO YEARS JAIL TERM IN PORT HARCOURT. (PHOTO).

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Undergraduate Bags two Years Jail Term in Port Harcourt

Justice P. I . Ajoku of the Federal High Court sitting in Port Harcourt, Rivers State, on Tuesday October 10, 2023, convicted and sentenced Chika Eguma Ekwodu, an undergraduate student of Rivers State University to two years imprisonment for impersonation and obtaining money by false pretences.  

The offence contravenes Section 22(2) (b) (ii) of the Cybercrime (Prohibition, Prevention, etc.) Act, 2015 and punishable under Section 22(2) (b) (iv) of the same Act.
He was prosecuted by the EFCC on two -count charges bordering on impersonation and obtaining money by false pretences.
One of the count charges read: "That you, Chika Eguma Ekwodu, on the 5th day of June, 2023, at Rivtaf Golf Estate Port Harcourt, within jurisdiction of this Honourable Court, did fraudulently represent yourself as one Scarlett, a bitcoin trade expert with intent to gain advantage for yourself, and thereby committed an offence contrary to Section 22(2)(b)(ii) of the Cybercrime (Prohibition, Prevention, etc) Act, 2015 and punishable under Section 22(2) (b) (iv) of the same Act".

He pleaded guilty to the two- count charges when they were read to him.

In view of his plea, prosecuting counsel, M. Abubakar after presenting a witness, prayed the court to convict and sentence him accordingly. However, defence counsel, N. F. Okemini prayed the court to temper justice with mercy, stressing that the defendant “is a first-time offender with no previous criminal records and a student who is currently writing his exams.” She therefore prayed the court for an option of fine in lieu of imprisonment to enable him continue his education.

Justice Ajoku convicted and sentenced the defendant to one year in the Correctional Service on each count with an option of fine of Two Hundred Thousand Naira (N200, 000.00), payable into the Consolidated Revenue Account of the Federal Republic of Nigeria.

The Judge further ordered that the purple- coloured iPhone 14 Pro and the sum of Four Thousand, Five Hundred United States Dollars ($4,500) that are proceeds of his crime, be forfeited to the Federal Republic of Nigeria. Additionally, the defendant shall also depose an affidavit of good behaviour before the court.

Ekwodu’s journey to the Correctional Centre started when he was arrested by operatives of the Port Harcourt Zonal Command of the EFCC, for internet-related offences. He was charged to court and convicted.


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