Close Menu

    Subscribe to Updates

    Get the latest news as they happen

    What's Hot

    National Legislative Summit on Agriculture Set for May 11–13 in Ibadan to Drive Food Security Reforms

    April 6, 2026

    Hilda Baci Secures Third Guinness World Record, Extends Culinary Milestone

    April 6, 2026

    Senate Moves to Overhaul Agricultural Institutions, Seeks Global Technology Partnerships

    April 6, 2026
    Facebook X (Twitter) Instagram
    Megastar Magazine
    • Politics

      Kano Signals Political Realignment as Yusuf Backs Tinubu Administration

      April 5, 2026

      ARISE News Anchor Constance Ikokwu Dumps Newsroom for Politics

      April 5, 2026

      INEC Extends Deadline for Party Membership Register Submission to May 10

      April 5, 2026

      INEC Derecognises ADC Leadership, Sparks Political Storm as Atiku, Obi Raise Concerns

      April 2, 2026

      Kwankwaso Gets Warm Welcome Into ADC Assembly, Calls Others To Unite

      March 31, 2026
    • Entertainment
      1. People
      2. Events
      3. Fashion
      Featured
      Entertainment April 6, 2026

      The “Wura” Phenomenon: Scarlet Gomez Opens Up on Mental Strain as Recasting Sparks Fan Uproar

      Recent

      The “Wura” Phenomenon: Scarlet Gomez Opens Up on Mental Strain as Recasting Sparks Fan Uproar

      April 6, 2026

      AMVCA 2026: Gingerrr and The Herd Lead Nominations for the 12th Edition of Africa’s Biggest Film Honors

      April 6, 2026

      Behind The Scenes,’ Funke Akindele’s Tops Records As Number One On Netflix Debut

      April 5, 2026
    • Business

      NCAA Grants Enugu Air License to Begin Domestic Operations

      April 4, 2026

      Amid BUA Stocks Rally, Rabiu’s Wealth Surges by $2.2bn

      March 30, 2026

      Lagos State Tops Nigeria’s Business Rankings — New Report Reveals Why

      March 28, 2026

      MFB Partners CreditCorp, Platform To Enhance Travel Accessibility

      March 25, 2026

      Unilever Posts N32bn Gain After Tax In 2025

      March 24, 2026
    • Health

      NARD Declares Indefinite Nationwide Strike Over Allowance Dispute

      April 6, 2026

      GTCO Inaugurates “Take on Squad” Hackathon 3.0, Applications Open

      April 2, 2026

      Kate Henshaw Champions Nationwide Menopause Awareness Drive in Nigeria

      March 31, 2026

      Federal Government Sets Up Committee to Address Critical Shortage of Therapists in Nigeria

      March 27, 2026

      Federal Government Begins Rollout of HIV Prevention Injection as 52,000 Doses Arrive in Nigeria

      March 27, 2026
    • Culture

      Argungu Fishing Festival Draws Record Crowd as 59kg Catch Steals the Show

      April 4, 2026

      Ebonyi Carnival Showcases Renewed Drive to Preserve Igbo Heritage

      March 31, 2026

      Adron Homes Elevates Cultural Pride as Dignitaries Grace 39th Lisabi Festival in Abeokuta

      March 29, 2026

      Zurich Returns Benin Bronzes to Nigeria in Major March 2026 Cultural Restitution Breakthrough

      March 28, 2026

      Adron Homes Deepens Commitment To Cultural Heritage, Sponsors 39th Lisabi Festival

      March 22, 2026
    • Lifestyle

      Hilda Baci Secures Third Guinness World Record, Extends Culinary Milestone

      April 6, 2026

      Lagos Hosts “Homecoming Live Music Show” as Alternative Scene Takes Center Stage

      April 4, 2026

      QR Menus and Aesthetic-Driven Dining Redefine Restaurant Experience for Gen Z

      March 27, 2026

      How My Gold Jewelry Ended In Lagoon ~ Adeboye

      March 19, 2026

      Temitope Mayegun Urges Celebration of Women’s Power and Achievements

      March 15, 2026
    • Sports

      Tinubu Hails Samson Adamu’s Historic Appointment as Acting Secretary-General of Confederation of African Football

      April 5, 2026

      Turkey’s Footballer of The Year Award, Osimhen Emerges Winner. 

      April 4, 2026

      First Lady Oluremi Tinubu to Attend Closing Ceremony of National Para Games in Abuja

      April 3, 2026

      FIFA Men’s Ratings: Eagles Takes 26th  Position, France Tops Globally

      April 2, 2026

      FirstBank Supports Samuel Okwaraji U-16 Championship, Aiming At Grassroots Talent Development Through School Sports

      April 2, 2026
    • Contact
    YouTube Facebook Instagram WhatsApp
    Megastar Magazine
    Home » Federal High Court Convicts Two Chinese Nationals For N3.4 Billion Cyberterrorism And Multi-Million Dollar Fraud Syndicate
    News

    Federal High Court Convicts Two Chinese Nationals For N3.4 Billion Cyberterrorism And Multi-Million Dollar Fraud Syndicate

    Ifetayo AdeniyiBy Ifetayo AdeniyiFebruary 12, 20262 Mins Read
    Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email Telegram
    Share
    Facebook Twitter WhatsApp Telegram Email

    Manny Ita  –

    The Federal High Court sitting in Abuja has sentenced two Chinese nationals to a combined 46 years in prison for their roles in a sophisticated international cyberterrorism and internet fraud network that defrauded victims of over N3.4 billion and $2.5 million. The landmark judgment, delivered on Thursday, February 12, 2026, followed a rigorous prosecution by the Economic and Financial Crimes Commission (EFCC), which tracked the duo’s activities across multiple digital jurisdictions. The convicts, identified as Wang Zilong and Li Zejun, were found guilty on an 11-count charge bordering on conspiracy, identity theft, and money laundering.

    ​Presiding Judge, Justice Binta Nyako, while delivering the sentence, emphasized the severity of the crimes and their devastating impact on Nigeria’s digital reputation and economic stability. “The evidence presented before this court clearly demonstrates a calculated and cold-blooded attempt to undermine the financial security of individuals and corporate entities through the use of advanced technology,” the Judge remarked. Justice Nyako sentenced each convict to 23 years of imprisonment, totaling 46 years, and ordered that the jail terms run concurrently, with no option of a fine for the primary counts.

    ​The EFCC’s investigation revealed that the defendants operated a “corporate-style” syndicate in Lagos and Abuja, where they recruited and trained local youths to conduct massive “pig butchering” scams and cryptocurrency investment fraud. According to the prosecution team, the convicts used specialized software to mask their identities while funneling stolen assets through offshore accounts. “These individuals did not just commit fraud; they engaged in what can only be described as cyberterrorism against the Nigerian financial system,” lead EFCC prosecutor, Rotimi Iseoluwa, stated during the final submission. “This sentence serves as a loud and clear message that Nigeria is no longer a safe haven for international cybercriminal syndicates.”

    ​The court further ordered the final forfeiture of the recovered $2.5 million and the N3.4 billion held in several dormant bank accounts back to the Federal Government of Nigeria for the purpose of restitution to the identified victims. Additionally, the high-end electronics, servers, and luxury vehicles seized during the December raids on their operational bases were ordered to be auctioned. Following the completion of their jail terms, the court mandated that both Zilong and Zejun be immediately deported to their home country and permanently barred from re-entering Nigeria.

    News
    Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
    Previous ArticleMeta Chief Mark Zuckerberg Reportedly Eyeing Florida Relocation To Evade California’s Proposed Multi-Billion Dollar Wealth Tax
    Next Article Legislative Discord Disrupts National Assembly As Senators Clash Over N3.4 Trillion Works Budget And Leadership Authority
    Ifetayo Adeniyi
    • Website

    Adeniyi Ifetayo Moses is an Entrepreneur, Award winning Celebrity journalist, Luxury and Lifestyle Reporter with Ben tv London and Publisher, Megastar Magazine. He has carved a niche for himself with over 15 years of experience in celebrity Journalism and Media PR.

    Related Posts

    News April 6, 2026

    Congo Agrees to Receive Deported Migrants Under New U.S. Third-Country Removal Deal

    News April 6, 2026

    Atiku’s $1.2m Washington Gamble: Buying a Bridge to the 2027 ADC Ticket

    News April 6, 2026

    Manufacturing Giants Rebound as Nestlé Hits Historic ₦1tn Revenue Milestone

    News April 5, 2026

    Seplat Energy Workers Embark On Strike Over Welfare Dispute

    News April 4, 2026

    Tinubu Unveils New Customs Office, Training Facility In Ogun

    News April 4, 2026

    Aare Adetola Emmanuelking Welcomes President Tinubu to Gateway International Airport Commissioning in Iperu-Remo

    Leave A Reply Cancel Reply

    Don't Miss
    Agriculture & Policy April 6, 2026

    National Legislative Summit on Agriculture Set for May 11–13 in Ibadan to Drive Food Security Reforms

    Manny Ita  – Preparations are underway for a major National Legislative Summit on agriculture scheduled…

    Hilda Baci Secures Third Guinness World Record, Extends Culinary Milestone

    April 6, 2026

    Senate Moves to Overhaul Agricultural Institutions, Seeks Global Technology Partnerships

    April 6, 2026

    Stage Queens: Female Directors Sweep the Box Office at Refurbished Soyinka Centre

    April 6, 2026

    Subscribe to Updates

    Get the latest news as they happen

    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    Our Picks

    Yuletide: Be Like Late Capt Hosa, As Imansuagbon Share Free Rice In Edo

    December 17, 2021

    16th Edition Of Face Of Edo, 10th Edition of Face Of The World Nigeria Beauty Pageant Hold In Benin.

    November 11, 2021

    Dorian Homes Plans To Host Its First Children’s Christmas Party

    November 11, 2021
    New Comments
    • Anozie okolo on Supreme Court Affirms President Tinubu’s Victory As Atiku, Peter Obi Lose
    • Mc richman on Nigeria and South African Music histories
    • Moses Ibrahim on Olu of Warri: Pictorial @ The Ogiame Atuwatse III Economic Summit.
    • Sen Rich Kay on MALARIA ERADICATION: Prince Ned Nwoko & NMEP Meet for joint action.
    Megastar Magazine
    YouTube Facebook WhatsApp Instagram
    • Privacy Policy
    • Terms of Use
    • Contact Us
    © 2026 Megastar Magazine. Designed by MANNDI

    Type above and press Enter to search. Press Esc to cancel.