Categories: News

Jailed Internet Fraudster ‘H-Money’ Masterminds Over $100 Million Scams From Prison

Jailed Internet Fraudster 'H-Money' Masterminds Over $100 Million Scams From Prison 1Jailed Internet Fraudster 'H-Money' Masterminds Over $100 Million Scams From Prison 1

The Economic and Financial Crimes Commission (EFCC), Lagos Zonal Office, has revealed that popular internet fraudster, Hope Olusegun Aroke aka H-Money, who is serving a 24-year jail sentence for fraud, has been discovered to have masterminded $100 million scams from prison.

News Agency of Nigeria (NAN) recalls that In 2016, Justice Lateefa Okunnu of the Lagos State High Court, sitting in Ikeja convicted and sentenced Aroke to 24 years imprisonment for his involvement in an internet scam that fetched him N25m.

However, in a statement issued on its official Instagram page on Monday, the EFCC said Aroke masterminded the coordination of a scam worth over $100,000 (N36.3m) while still serving his jail term.

EFCC said the convict (Aroke) is still in active communication with other high valued targets that are currently being investigated by the Commission for various offenses relating to computer fraud and money laundering.

Tobias Sylvester

Tobias Sylvester is the news editor for Kanyi Daily News and is based in Lagos. Contact Tobias at editor@kanyidaily.com. Got a confidential tip? Submit it here

Recent Posts

Tinubu Extends Immigration Comptroller-General Kemi Nandap’s Tenure To 2026

President Bola Tinubu has approved an extension for Nigeria Immigration Service (NIS) Comptroller-General, Kemi Nandap,…

13 hours ago

Reactions As 2Face’s New Lover Natasha Osawaru Adopts “Idibia” As Her Surname

Edo State lawmaker, Natasha Osawaru, who is engaged to Nigerian music star Innocent "2face" Idibia,…

13 hours ago

American Rappers Should Learn From Nigerians – Kanye West

American rapper, Kanye West has urged his country men to learn from Nigerians when it…

14 hours ago

Edison Ehie Claims He Was Offered ₦5bn Bribe To Impeach Governor Fubara

Edison Ehie, the Chief of Staff to suspended Rivers State Governor Siminalayi Fubara, has alleged…

15 hours ago

Kanye West Reveals He Never Wanted Kids With Kim Kardashian [Video]

American rapper Kanye West has revealed that he never intended to have children with his…

17 hours ago

Cubana Chief Priest Can’t Be Forced To Take Care Of Alleged Child – Nina Ivy

Big Brother Naija reality star, Nina Ivy has emphasized that businessman Cubana Chief Priest cannot…

18 hours ago