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Man jailed 63 years for conning investors

18 December 2014, 09:01Okoro Chinedu

Lagos - The Lagos State High Court sitting in Ikeja has sentenced Benjamin Segun Bright to 63 years in prison for stealing about N5 million from investors.

Bright stole N4 994 million from various investors, whom he deceived into believing their money would be invested in his purported companies.

Justice Oluwatoyin Ipaye convicted and sentenced him without the option of a fine.

Also Read: Kaduna businessman arraigned for N300 mln dud cheque
The convict pleaded not guilty at the point of arraignment. He went through trial and was found guilty of all the twenty-one count charges preferred against him.

Justice Ipaye sentenced the convict to three years imprisonment on each of the 21 count charges without option of fine.

The sentences are to run concurrently.

- CAJ News


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