Chimdi Godson Izuogu and Chidera Precious Izuogu have been convicted and sentenced to jail by Justice K. Dagat of the Federal High Court, Maiduguri, Borno State, for internet-related fraud and money laundering.

The EFCC’s Maiduguri Zonal Directorate prosecuted the duo on separate charges involving fraudulent activities amounting to N8,207,479.

Chimdi Godson Izuogu was charged with possessing N5,012,422, proceeds of fraud from US Dollars and Euro denominated cash apps and gift cards.

Chidera Precious Izuogu was charged with possessing N3,195,057.59, the naira equivalent of $2,508 and €1,103,028.85, also from fraudulent activities.

“Chimdi Godson Izuogu, you took possession of N5,012,422, knowing it was proceeds of fraud,” read one of the charges.

“Chidera Precious Izuogu, you took possession of N3,195,057.59, the equivalent of foreign currencies obtained fraudulently,” read the other.

Both defendants pleaded guilty to the charges. Prosecution counsel, S.O. Saka, requested the court to convict and sentence them accordingly.

Justice Dagat sentenced each defendant to four years imprisonment on each count, with the option of a N100,000 fine per count.

He also ordered the forfeiture of various assets, including iPhones, a laptop, and cash sums totalling N3,455,057.59 and $100.

The convicts were arrested for defrauding foreign nationals through fake social media accounts, leading to their prosecution and conviction.