The Economic and Financial Crimes Commission (EFCC) on Thursday arraigned one Dennis Tamarakuro at the Federal High Court, Abuja, for alleged $71,795.41 fraud.
The commission in a statement on its X platform said the defendant, also known as Keisha Reynolds, was arraigned on a one-count charge of cybercrime.
He, however, pleaded guilty to the charge and was sentenced to one year in prison by Justice Emeka Nwite.
The statement read: “Investigations, supported by intelligence from the Jackson Township Police Department in the United States, revealed that the NGO’s bank details were compromised, with the illicit proceeds laundered through cryptocurrency exchanges Bybit and Busha.
“EFCC investigator Ogunjobi Olalekan presented evidence showing Tamarakuro received 0.27 Bitcoin twice from an intermediary, Libson Junior, and later withdrew $18,000 via Busha.
“The commission recovered over $42,000 in cryptocurrency, with an additional $22,157.40 and $20,121.41 blocked by Bybit and Busha, respectively.
“Following his guilty plea, Justice Emeka Nwite sentenced Tamarakuro to one year in prison, with an option of a N1 million fine payable to the Federal Government.
”The convict was also directed to depose an affidavit of good conduct.”
