Two Yahoo boys get jail-terms, forfeit cars, uncompleted house to FG

Two internet fraudsters, popularly called Yahoo Boys, Olalekan Adekola Adeojo and Theophilus Ehoghcho Opanachi have been convicted and sentenced to six and five months imprisonment respectively by Justice Husaina Adamu Aliyu of the Jigawa State High Court.

Apart from the jail terms, Justice Husaina Adamu Aliyu, also ordered the forfeiture of an uncompleted building and a 2013 model Mercedes-Benz C-Class belonging to Adeojo and a Toyota Camry owned by Theophilus.

forfeited properties

In a statement confirming their sentencing, the EFCC said the convicts who are graduates of Federal University, Dutse Jigawa State, were arrested on the 3rd June, 2022 by the operatives of Department of State Services, Dutse, Jigawa State, at Mallam Inuwa Dutse Housing Estate Danmasara Quarters.

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They were based on intelligence received that they were into internet fraud and subsequently handed over to the Commission for further investigation.

EFCC statement reads; “Further investigation by the Commission revealed that the defendants used false representation on various social media platforms to defraud several victims, mostly foreigners.

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“Theophilus was found to have obtained the sum of $8,012.58 (Eight Thousand, Twelve Dollars, Fifty Eight Cents from eleven victims – all foreigners.


“It was also discovered that he acted as picker for other internet fraudsters currently at large, by redeeming the Cryptocurrencies fraudulently obtained from their victims for which he benefitted a total sum of N5,845,984.03 as commission.

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“Furthermore, it was also discovered that gifts worth Four Million, Seven Hundred and Forty Eight Thousand, Eight Hundred and Two Naira, Four Kobo Only (N4,748,802.04) was fraudulently obtained by Theophilus through the trio of Oyibo Abdulwahab, Precious Andrew and Okpanachi Victor for redemption.

“Adeojo, on the other hand, obtained the sum of Twenty Six Million, Eighty Five Thousand, Six Hundred and Seventy Seven Naira Only (N26, 085,677) from two victims.”

The two defendants allegedly pleaded guilty to all the charges preferred against them by the prosecution, and In view of their pleas, Justice Aliyu convicted and sentenced Adeojo to six months imprisonment or a fine of Three Hundred Thousand Naira Only (N300, 000), while Theophilus bagged five months imprisonment with an option of N250,000 fine.

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The judge also ordered the forfeiture of an uncompleted building and a 2013 model Mercedes-Benz C-Class belonging to Adeojo and a Toyota Camry owned by Theophilus.

All their laptops and cell phones which were used as instruments to commit the fraud were also forfeited to the Federal Government.

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