H-Money: Jailed Fraudster, Coordinates $100m fraud from prison
The E Lagos Zonal Office of The Economic and Financial Crime commission (EFCC), has uncovered that Hope Olusegun Aroke aka H-Money, a convicted internet fraudster currently serving a 24 years jail term, is still in active communication with other high valued targets that are currently being investigated by the Commission for various offences relating to computer fraud and money laundering.
Investigation revealed that he masterminded the commission of internet scam worth over $100m whilst serving his jail term. .
In 2016, Justice Lateefa Okunnu of the Lagos State High Court, sitting in Ikeja convicted and sentenced Aroke, then a 25-year-old undergraduate of Kuala Lumpur Metropolitan University, Malaysia, to 24 years imprisonment for his involvement in an internet scam that fetched him N25m. Details later