3 Fraudsters Jailed For Stealing N480,000 Belonging To Skye Bank

Justice Oluwatoyin Ipaye of a Lagos High Court sitting in Ikeja, has convicted and sentenced the trio of James Ettete; Ekene Jude and Abidemi Adesanya to two and half years imprisonment each,  for stealing the sum of N480,000( Four Hundred and Eighty Thousand Naira only) belonging to Skye
Bank Plc.

One of the arraigned trio, Ekenne Jude. (Photo Credit: EFCC)

They were arraigned in May 2014, on a six- count charge, bordering on conspiracy to commit felony, forgery and use of false document. Justice Ipaye found them guilty on all the counts and convicted them accordingly. The sentence is to run from the day of arraignment.

One of the arraigned trio, Adesanya Abidemi. (Photo Credit: EFCC)

Troubles came for the convicts, when the management of Skye Bank petitioned the Economic and Financial CrimesCommission, EFCC, over their fraudulent activities.

One of the arraigned trio, James Amochi Ettete. (Photo Credit: EFCC)

They were operating as a syndicate of fraudsters, who specialized in stealing bankers’ identity, to enable them effect fraudulent wire transfers from unsuspecting and well-funded customers’ account. They contacted some staff of the bank to join the syndicate.

However, the staff members informed the bank and were asked to play along. They were later arrested by operatives of the EFCC.