The Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission has secured the conviction of Emmanuel Elegbenosa Aitanu for internet fraud and money laundering.
Justice Dehinde Dipeolu of the Federal High Court in Ikoyi, Lagos, sentenced Aitanu to six years’ imprisonment, with an option of a N5 million fine.
According to a statement on the Instagram handle of the anti-graft agency, Aitanu was arraigned on six counts bordering on internet fraud and money laundering.
The statement read, “Justice Dehinde Dipeolu of the Federal High Court sitting in Ikoyi, Lagos, on Friday, August 8, 2025, convicted and sentenced one Emmanuel Elegbenosa Aitanu to six years imprisonment for money laundering. Emmanuel was arraigned on a six-count charge bordering on Internet fraud and money laundering brought against him by the Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission, EFCC. Justice Dipeolu convicted Emmanuel on all counts and sentenced him to one year imprisonment on each of the six counts, with an option of a fine of N5,000,000 (Five Million Naira). All the items recovered from him were ordered forfeited to the Federal Bureau of Investigation for onward transfer to the victims of the fraud.”