Justice Lateef Lawal-Akapo of the Lagos State High Court in Ikeja yesterday convicted and sentenced one Emmanuel Osita (a.k.a Chuks) to three years imprisonment for defrauding an 81-year-old woman of N27 million.
Osita was arrested by the Economic and Financial Crimes Commission, EFCC, following a petition from a legal practitioner on behalf of the victim, Mrs. Veronica Okonkwo.
The convict, while operating as a commercial tricyclist, conspired with other persons still at large and falsely represented to the victim that they had the capacity to produce local and foreign currencies from pieces of papers by dipping them into mercury.
Osita and his accomplices hoodwinked their victim to give them the sum of N120, 000.00 as registration fee with a mercury company prior to the procurement of the chemical.
The octogenarian was also induced to sell her property in Festac Town Lagos for N27 million and the proceeds appropriated by the convict and his co-travellers.
Upon his arrest, the convict was arraigned on 1st July, 2014.
He subsequently pleaded guilty after making restitution to the victim, including the property valued at N27 million as the alleged buyer forfeited same to the victim.
Based on his plea and the restitution of the victim, Justice Lawal-Akapo convicted and sentenced the accused to three years imprisonment without any option of fine.