YAHOO COLLEGE: How The Owner Of Yahoo Yahoo Training Center Was Sentenced To 10 Years In Prison.

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The owner of Yahoo College was sentenced to 10 years in prison on two counts charges of 2 million each. All his properties, both landed properties, were confiscated citing it as an illegal proceeding. Mr Ikemesit Edet was arrested by the zonal command of the EFCC. Read the full charges preferred against him.

Edet was jailed on Wednesday with an option of an N2,000,000 fine for each count after pleading guilty to a two-count charge bordering on impersonation, love scam, hacking/editing of social media accounts, and private criminal tutoring. He was sent to 10years jail.

Below are his two counts charged by the EFCC.

“That you, IKEMESIT EDET IK, sometime in January 2024 in Nigeria within the jurisdiction of this Honorable Court, being the occupier and a person concerned with the management of the premises situated and lying at No. 57 D-Line, Ewet Housing Estate, Uyo Akwa Ibom State, did knowingly permit the use of the entire aforesaid premises as a CYBERCRIME ACADEMY, also known as Hustle Kingdom (HK)

” where you recruited ten (10) young Nigerians between ages 16-25 and taught them cybercrime techniques for perpetrating cyber crimes, wit: hacking, impersonation, and obtaining money by pretense (Advance Fee Fraud), and thereby committed an offense contrary to Section 3 of the Advance Fee Fraud and Other Fraud Related Offences Act 2006 and punishable under Section 3 of the same Act.

“That you, IKEMESIT EDET IK, between May 2020 and December 2023 in Nigeria within the jurisdiction of this Honourable Court, did take possession of a total sum of Fifteen Million Naira Only (N15,000,000.00), which you knew was the result of an unlawful act to wit: cybercrime, and thereby committed an offense contrary to Section 18(2)(d) of the money laundering (Prohibition) Act 2022 and punishable under Section 18(3) of the same Act.

The prosecution counsel, Joshua Abolarin, prayed the court to convict and sentence Edet accordingly after pleading guilty to the charges against him.

Abolarin also prayed that the court order the forfeiture of all exhibits recovered from him at the point of arrest.

But the defense counsel, Francis Ezike, begged the court to be lenient in sentencing the defendant.

But Justice Ojukwu also ordered that all recovered exhibits from the convict which include 13 laptops, a gold-colored Toyota Corolla, a Lexus Jeep RX 300, and about 3,080.25 square meters of land located at Ibiaku Obio Ndobo Village, Uruan Local Government Area of Akwa IbomStatee be forfeited to the Federal Government of Nigeria exhibits.

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