Wonder Banker to spend 63 years behind bars for stealing N4.9m

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The Economic and Financial Crimes Commission, EFCC, has secured a 63-years jail time for a fraudster, Benjamin Segun Bright, for stealing the sum of N4,994,000 from investors whom he had deceived into believing he would invest such monies in his purported companies, only to pocket the money.

Justice Oluwatoyin Ipaye of the Lagos State High Court sitting in Ikeja, passed the huge sentence on  Bright, without option of fine.

The EFCC said the convict was arraigned on July 10, 2012, on a 21-count charge of stealing and obtaining by tricks.

Justice Ipaye found Bright guilty of all the 21 charges preferred against him and sentenced him to three years imprisonment on each count.

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is an Associate at MediaHoarders. Communication Manager & Social Media Strategist with a keen interest in writing. Jeffery is a huge fan of the Black Panther fictional character. He is currently at crossroads when it concerns his interests in Hip-Hop & Rock music. e-mail: [email protected]

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