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two separate courts at a baron in Oyo
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state Nigeria have sentenced a man Holl
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and Wenger Amos to 138 years
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imprisonments for committing criminal
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Ponzi investments fraud which the
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Economic and Financial Crimes Commission
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EFCC described the convict as a multiple
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and serial investment fraudster who was
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convicted and sentenced to 75 years
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imprisonment by Justice Beo Taiwo of the
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Oyo State High Court a bardon for Ponzi
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fraud offense on December 14th 2023 and
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Justice Olesola added to Jojoy of the
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Oyo State High Court sitting in a bardon
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on Monday April 28th 2025 while ruling
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on separate and similar charges and
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crimes convicted and sentenced on
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Benenger Amos to 63 years jail term for
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multiple investment fraud with the
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convict still awaiting two more rulings
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for crimes of same nature from federal
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High Courts in Abadan Oyo State details
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of the report is contained in the news
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release made available by the public
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relations unit of the Economic and
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Financial Crimes Commission EFCC reads
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verbatim below serial investment
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fraudster bags 63 years in a bardon
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justice Ola Adaturo of the Oyo State
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High Court sitting in a bardon on Monday
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April 28th 2025 convicted and sentenced
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Olan and Benganger Amos to 63 years jail
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term for multiple investment fraud he
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was convicted alongside his firm Dtor
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Heritage Investment Limited they were
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prosecuted on 30count charges by a
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bardarden zonal directorate of the
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economic and financial crimes commission
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EFCC bordering on obtaining by false
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pretenses an offense contrary to section
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1 one and punishable under section 13 of
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the advanced fee fraud and other fraud
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2006 count 21 of the charge reads that
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Yolanian Bengar Amos and Dorid Heritage
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Investment Limited on about 18th of June
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2020 at a bardon within the jurisdiction
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of this honorable court with intent to
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defraud obtained the sum of
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995,000 naira only from Valotit when you
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falsely represented to him that the
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money is meant for registration and
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investment with crime alert security
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network with a promise of 30% return on
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investment in 6 weeks 30 working days
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which representations you knew to be
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false and thereby committed an offense
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of obtaining money under false pretense
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contrary to section 1 uh and punishable
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under section 13 of the advanced fee
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fraud and other fraud related offenses
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2006 another charge reads that Yuan and
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Wenger Amos and Dtor Heritage Investment
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Limited on or about 29th of January 2020
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at a bardon within the jurisdiction of
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this honorable court with intent to
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defraud obtained the sum of 920,000
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920,000 naira only from
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honacale when you falsely represented to
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him that the money is meant for
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registration and investment with crime
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alert security network with a promise of
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30% return on investment in 6 weeks 30
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working days which representations you
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knew to be false and thereby committed
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an offense of obtaining money under
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false pretense contrary to section 1 one
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uh and punishable under section 13 of
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the advanced fee fraud and other fraud
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2006 the defendant pleaded not guilty to
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the charges when they were read to him
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consequent upon his plea the EFCC
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council Senusi Galadanchi opened the
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case on February 17th 2022 and called 88
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witnesses tended several exhibits that
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were marked exhibits A to H and closed
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the case on January 24th
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2023 at the end of the prosecution's
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case the defendant filed a no case
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submission but was thrown out as the
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defendant was ordered by the court to
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enter his defense subsequently the
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defendant opened and closed its case on
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October 17th 2024 where the first
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defendant testified for himself and on
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behalf of the second defendant as a lone
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witness the court after the presentation
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of the defendant's case adopted the
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final written addresses of both parties
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as judgment was reserved till April 28th
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2025 at the resumption of the trial on
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Monday April 28th 2025 Justice Adaturoya
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convicted and sentenced Amos to 7 years
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imprisonment on each count of 6 16 17 18
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19 21 22 23 and 24 but discharged and
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acquitted the defendant on counts 1 2 3
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4 5 7 8 9 10 11 12 13 14 15 20 25 26 27
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28 29 and 30 respectively furthermore
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the court ordered that the sentence
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should run concurrently and the convict
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must restitute the victims amos was
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convicted and sentenced to 75 75 years
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imprisonment by Justice Beo Taiwo of the
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Oyo state high court a bardarden for
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similar offense on December 14th
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2023 the convict has two other ongoing
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trials before federal high courts in
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Abarden Oyo state another journey by the
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convict to the correctional center began
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when he was arrested and arraigned
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before justice Adaturo on December 14th
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EFCC he swindled several individuals
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under the pretext of investment ventures
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that led to the loss of money to the
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tune of over 1 billion naira by
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n bringing you the news in a multig
