Court Jails Man for $19,400 Bitcoin Fraud
The Benin Zonal Directorate of the Economic and Financial Crimes Commission has secured the conviction and sentence of Osamudiamen Philip Ikilo for fraud.The convict was arraigned on one -count charge of stealing before Justice W.I. Aziegbemhin of the Edo State High Court sitting in Benin City. Upon arraignment, the defendant pleaded not guilty to the charge, setting the stage for trial.T Osamudiamen Philip Ikilo (m) was sometime in March 2024 alleged to have stolen Bitcoin worth the sum of $19,400 (Nineteen thousand, four Hundred United States Dollars) belonging to one Cynthia Imade Alile by fraudulently converting the said sum to…












