Close Menu

    Subscribe to Updates

    Get the latest news as they happen

    What's Hot

    Sanwo-Olu sets up Renewed Hope Coordinators, plans for Tinubu’s reelection

    February 12, 2026

    As NSC Unveils Federation Board, American Football Begins In Nigeria

    February 12, 2026

    2027 Election: Seyi Makinde Unveils Condition for Joining ADC

    February 12, 2026
    Facebook X (Twitter) Instagram
    Megastar Magazine
    • Politics

      Sanwo-Olu sets up Renewed Hope Coordinators, plans for Tinubu’s reelection

      February 12, 2026

      El-Rufai Clarifies 2023 Endorsement of Tinubu, Denies Personal Alliance

      February 12, 2026

      Electronic Transmission of Election Results Stands ~ Senate

      February 10, 2026

      Tinubu Brokers Fresh Truce in Rivers Crisis as Wike, Fubara Hold Late-Night Talks

      February 10, 2026

      Peter Obi Joins #OccupyNASS Protest as Tensions Mount Over Electoral Act Changes

      February 9, 2026
    • Entertainment
      1. People
      2. Events
      3. Fashion
      Featured
      Entertainment February 12, 2026

      Akinola Davies Jr.’s ‘My Father’s Shadow’ Marks Historic North American Debut for Nigerian Cinema

      Recent

      Akinola Davies Jr.’s ‘My Father’s Shadow’ Marks Historic North American Debut for Nigerian Cinema

      February 12, 2026

      At Paris Film Awards, Nigeria’s ‘Tears For Enebi’ Bags Gold Award

      February 11, 2026

      2Baba Calls Wizkid–Fela Comparisons “Unfair,” Urges Fans to Respect Each Era

      February 11, 2026
    • Business

      UAC of Nigeria PLC Lists ₦54.03 Billion Bond On FMDQ Exchange Platform, Thereby Expanding Access To Capital

      February 7, 2026

      2026 Gateway International Fair: Dangote Champions Its Vision 2030 

      February 6, 2026

      Rite Foods Challenges Stakeholders On Clean Energy Adoption

      February 5, 2026

      International Breweries Returns to Profitability with N85.1 Billion Gain in 2025

      February 4, 2026

      Konga goes after singles in Valentine campaign

      February 4, 2026
    • Health

      Lagos Unveils ‘Zero Stigma’ Drive to Criminalize HIV Discrimination, Targets 2030 Eradication

      February 12, 2026

      NAFDAC Insists Ban on Sachet and PET Bottle Alcohol Remains in Force

      February 12, 2026

      NAFDAC Cracks Down on Counterfeit Medicine Syndicate, Seizing ₦3 Billion in Fake drugs and Cosmetics

      February 10, 2026

      Pad Me A Girl Empowerment Foundation, Access Bank Reach IDP Camps with “Access Pad Me A Girl 2.0” Outreach

      February 10, 2026

      France Targets Falling Birth Rate With Letters Urging 29-Year-Olds to Consider Parenthood

      February 9, 2026
    • Culture

      Obasanjo Calls for Urgent Preservation of Egba Heritage Ahead of 2026 Lisabi Festival

      February 11, 2026

      Argungu Fishing Festival Opens in Kebbi, Celebrating Centuries-Old Tradition

      February 11, 2026

      Nigeria Advances Talks on Return of Benin Bronzes as Lagos Museum Prepares New Exhibition Wing

      February 6, 2026

      Nigeria’s Cultural Heritage Key to Restoring Global Reputation – Experts

      February 5, 2026

      Northern Nigerian Culture to Take Center Stage at Flavors of Nigeria Festival in Canada

      February 4, 2026
    • Lifestyle

      NAHCO Debuts High-End Airport Hotel as Record Profits Drive Bold Expansion into Luxury Transit Hospitality

      February 9, 2026

      European Commission Declares TikTok’s ‘Addictive’ Design in Breach of Digital Services Act

      February 6, 2026

      ‘Money can’t buy happiness,’ ~ Elon Musk 

      February 6, 2026

      Vine Heritage: The Abuja Refuge Protecting Children from Residual Infanticide Rituals

      February 5, 2026

      NCC Reports Rise in Urban Internet Speeds to 20.5Mbps Amid Widening Rural Connectivity Gap

      January 30, 2026
    • Sports

      As NSC Unveils Federation Board, American Football Begins In Nigeria

      February 12, 2026

      Ikorodu climb top as Remo drop to 19th on NPFL

      February 9, 2026

      Nigeria Clinches Promotion to Davis Cup World Group II After Commanding Victory Over Uzbekistan

      February 9, 2026

      Reactions as Osimhen gifts N10m to Beyond Limits

      February 9, 2026

      Osimhen Scores 15th Goal Establishing Galatasaray Victory At Rizespor

      February 9, 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 February 12, 2026

    2027 Election: Seyi Makinde Unveils Condition for Joining ADC

    News February 12, 2026

    Over 7,000 Killed in Iran Unrest, Rights Group Says

    News February 12, 2026

    Legislative Discord Disrupts National Assembly As Senators Clash Over N3.4 Trillion Works Budget And Leadership Authority

    News February 12, 2026

    Over 51,000 Inmates Await Trial as Nigeria’s Prison Population Hits 80,812

    News February 12, 2026

    Air Chief Warns Coup Plotters of Swift Justice, Reaffirms Loyalty to Democracy

    News February 11, 2026

    Ogun, at Remo Secondary School, Unveils Plan for ₦1bn AI-Driven Digital Classroom

    Leave A Reply Cancel Reply

    Don't Miss
    Politics February 12, 2026

    Sanwo-Olu sets up Renewed Hope Coordinators, plans for Tinubu’s reelection

    Sanwo-Olu sets up Renewed Hope Coordinators, plans for Tinubu’s reelection Elegbede Abiodun Sanwo-Olu and others…

    As NSC Unveils Federation Board, American Football Begins In Nigeria

    February 12, 2026

    2027 Election: Seyi Makinde Unveils Condition for Joining ADC

    February 12, 2026

    Dangote Refinery Achieves 650,000 bpd Capacity in Crude Distillation Unit and Motor Spirit

    February 12, 2026

    Subscribe to Updates

    Get the latest news as they happen

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

    ACE-COMEDIAN, SHORTCUT HOSTS COMEDY 3.O IN ABUJA.

    November 3, 2021

    Climate Clock World appoints SDG Advocate Chuks Anyaduba as Director for Projects & Partnerships, Climate Clock Nigeria

    December 2, 2021

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

    December 17, 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.