Court Sentences Yahoo Boy To 235 Years Imprisonment Over 525 Million Naira Internet Fraud  

Scales Olatunji, a notorious international fraudster, a ‘Yahoo boy”, was convicted and sentenced to 235 years in prison by a Federal High Court sitting in Uyo, Akwa Ibom state, for internet fraud and money laundering.

Olatunji was arrested by EFCC agents on March 20, 2019 and charged with 45 counts of identity theft, money laundering, and conspiracy on July 2, 2019.

According to the court, between January 2017 and October 2018, the convict conspired with four others (at large) to fraudulently acquire a total of N525,172,580 through Business E-mail Compromise and Identity Theft.

On May 15, 2018, he sent an email to Monica Goulmoen of the Charity Association, impersonating a certain Per Ravn Omdal, a former Norwegian Football Association President, demanding €64,000 be transferred to him.

He, on the other hand, pleaded “not guilty” to the charges, setting the stage for his trial.

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On Monday, June 27, 2022, Justice Agatha Okeke convicted Olatunji on all 45 counts brought against him by the EFCC.

“The evidence of the prosecution witnesses is consistent, and the prosecution established the guilt of the defendant in the case of money laundering as it relates to counts one to five of the charges,” Justice Okeke stated.

The prosecution also established the defendant’s guilt in the cybercrime offense as it relates to counts six through 45 of the charges.

The prosecution proved the charges against the defendant based on the totality of the evidence presented in this court.”

Olatunji was sentenced to seven years in prison on counts one through five, and five years in prison on counts six through 45. The sentence, however, will run concurrently beginning on the date of arrest.

The money in the convict’s account was also ordered forfeited to Norwegian citizens via the EFCC by the court.

The EFCC will also sell two of his houses in Lagos State and return the proceeds to the Norwegian victims.