In a landmark decision, the Port Harcourt District Court has sentenced a university undergraduate to five years in prison for committing fraud against local businesses. This ruling marks a significant step in the ongoing efforts to combat financial crimes in the region.
The defendant, identified as Chijioke Okafor, was found guilty of defrauding multiple businesses by presenting false invoices and misrepresenting himself as an authorized agent for various suppliers. The fraudulent activities reportedly took place over a six-month period, during which Okafor collected over 3 million Naira (approximately $7,800) from unsuspecting business owners.
Judge Ifeoma Nwankwo emphasized the need for strict penalties to deter similar offenses in her ruling. “Fraud undermines the trust that is essential for our economy to thrive. It is imperative that we send a strong message that such behavior will not be tolerated,” she stated during the sentencing.