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Internet Fraudster forfeits N230.6m, $80.59 to FG



Justice Saliu Sai’du of the Federal High Court sitting in Ikoyi, Lagos, on Tuesday ordered the final forfeiture of the sums of N210, 287, 697.45; N5, 320, 373.40; N15, 008,809.79 and $80.59 belonging to one Dehinbo Oluwatobi Reuben, an internet fraudster, to the Federal Government.

Justice Sai’du had, on May 16, 2019, ordered an interim forfeiture of the various sums of money, following an ex-parte application filed by the Economic and Financial Crimes Commission, EFCC.

In grating the application, Justice Sai’du had ordered the applicant, the EFCC, to publish the interim forfeiture order in any national newspaper for the respondent, Reuben, or anyone who was interested in the sums of money to show cause why the money should not be permanently forfeited to the Federal Government.

In compliance with the order of the court, the Commission had published the interim forfeiture order in The Nation newspaper and subsequently filed a motion on notice dated June 19, 2019.

At today’s proceedings, the judge, upon hearing the applicant’s motion on notice, supporting affidavit and written address, ordered the final forfeiture of the various sums of money found by the Commission in the various accounts of the respondent domiciled in Guaranty Trust Bank to the Federal Government of Nigeria.

The respondent, a member of a syndicate of fraudsters who specialize in identity theft, wire fraud and mail fraud, had been arrested following intelligence report received by the Commission.

Investigation revealed that the syndicate obtained the stolen Personal Identification Information of over 250,000 individuals in the US and used the details to file fraudulent Federal and State tax returns.

It was further revealed that the syndicate obtained monetary value on the fraudulent tax returns, using prepaid cards registered with the stolen information and third party bank accounts.


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