LAUTECH student has been sentenced to prison for a $104,500 romantic scam.

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Adebowale Taiwo Abiola, an undergraduate, was sentenced to one year in prison for romance fraud.

Abiola is a 500-level student at Ogbomoso, Oyo State’s Ladoke Akintola University of Technology.

After receiving information about the illegal operations of a fraud syndicate in Lekki, the Economic and Financial Crimes Commission (EFCC) arrested him.

The prisoner, who lives at Brownstone Estate in Ikate, Elegushi, pretended to be an American named Burton J. Smith in order to defraud his victims.

While using the identity of Smith, an ex-military personnel, Abiola scammed Courtney Selina Kaye, who sent money to him by selling $104,500 bitcoin from her wallet on localbitcoin website in 2019.

The EFCC arraigned him on a one-count amended charge bordering on possession of fraudulent documents containing false pretence.

After Abiola pleaded ‘guilty’ to the charge, prosecution counsel, I. A. Mohammed, told the court about his plea bargain.

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Justice O. A. Taiwo sentenced him to one year imprisonment, with an option of N300,000 fine.

She held that N5million recovered from Abiola be forfeited to the Kaye, through the Federal Government

Justice Taiwo also ordered that his black Mercedes Benz GLK (AKD 573 GK) be forfeited to Kaye through the Federal Government.

Furthermore, N26.6million, being the remaining part of $104,500 obtained from Kaye, will be restituted to her from the convicts’ assets.

The convict must enter into a bond with the EFCC to be of good behaviour and never engage in financial crimes within and outside Nigeria after his release from prison.

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