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Tuesday, March 10, 2026

EFCC arraigns four for alleged internet fraud, N75 Million money laundering in Lagos

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Four men stood before Justice Yellim Bogoro at the Federal High Court in Ikoyi, Lagos, facing serious charges of internet fraud and money laundering. The Economic and Financial Crimes Commission (EFCC) brought Chidera Ezechukwu Praise, Oghomienor Jotham Anirejuoritse, Shittu Gbenga Solomon, and Olamilekan Ibraheem to court following a coordinated sting operation targeting cybercrime.

Chidera Ezechukwu Praise faced the most severe allegations, accused of laundering N75 million through fraudulent online schemes. Investigators traced N12.7 million to his UBA account, linking it to a romance scam. The charge cites violations of Nigeria’s Money Laundering Act, which carries strict penalties for financial crimes.

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Meanwhile, Oghomienor Jotham Anirejuoritse allegedly posed as a Canadian citizen named Christopher Rozup to deceive victims. His actions violated the Cybercrimes Act, which criminalizes identity fraud for financial gain. The other two defendants faced similar accusations of online fraud, though with smaller alleged sums involved.

When the charges were read, all four men pleaded guilty, prompting prosecutors to present their evidence.

EFCC officers testified about tracing illicit funds, recovering electronic devices, and seizing a car linked to one defendant. The prosecution urged the court to convict them and confiscate the illegal proceeds.

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Justice Bogoro adjourned the case until June 13 for sentencing, ordering the defendants to remain in custody until then. This case highlights the EFCC’s continued crackdown on cybercrime, which has become a growing concern in Nigeria.

Financial fraud, particularly through online scams, drains resources and damages trust in digital transactions. Authorities hope this prosecution sends a strong message to deter others from similar crimes. As Nigeria strengthens its anti-fraud laws, courts are taking a firmer stance against those who exploit technology for illegal gain.

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The upcoming sentencing will determine the consequences for these four men, but the broader fight against cybercrime continues. With each case, law enforcement refines its strategies to protect citizens and maintain the integrity of Nigeria’s financial systems.

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