Police unit apprehends 19-year-old man over alleged capital market fraud | The Guardian Nigeria News - Nigeria and World News

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Damilola Balogun was apprehended for using a fake WhatsApp platform to lure investors into investing in a fraudulent scheme. Scam Fraud Nigeria

Balogun, who hails from Kogi State, was arraigned on a one-count charge of impersonation contrary to Section 179 of the Penal Code Law, Chapter 89 before Magistrate Ibrahim Mohammed of Senior Magistrate Court Zone 6, Wuse, Abuja, Tuesday.

Mohammed stated that since the defendant had confessed to the crime, there was no reason why he should not be convicted. Pronouncing the sentence, Mohammed stated “You are very talented; you should have used your talent in legal ways to help yourself and your family instead of resorting to crime

 

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