Crime Watch

Nigerian man arrested, charged for allegedly stealing over N4m from crypto firm

A 36-year-old man, Victor Ameh, has been arraigned before a Kaduna Magistrates’ Court for allegedly stealing N4.2 million from a crypto currency firm.

Ameh, a resident of Marafa in Kaduna, was charged on Thursday, November 2 with conspiracy and theft.

The prosecutor, Inspector Chidi Leo, told the court that the defendant committed the offence on July 20, at Ungwan Rimi, Kaduna.

Leo alleged that the defendant conspired with one other at large and unlawfully withdrew N4.2 million from his employer’s account.

He further said that the defendant was arrested when investigation into the matter was carried out. The defendant pleaded not guilty to the charges.

He said the offence contravened the provisions of sections 287 (7) and 217 of the Penal Code of Kaduna State, 2017.

Magistrate Ibrahim Emmanuel admitted the defendant to bail in the sum of N1 million with one surety in like sum.

Emmanuel said the surety, who must be a blood relation to the defendant, must be gainfully employed and have evidence of two years’ tax payment to the Kaduna State Government.

He adjourned the case until Dec. 9 for hearing.