An 18-year-old suspected net fraudster, Hassan Usman Olamilekan, has been convicted and sentenced by a Federal High Court successful Lagos for laundering $800 obtained done a acquisition paper scam involving a United States citizen.
Justice Dipeolu of the Federal High Court, sitting successful Ikoyi, handed down the judgement connected October 30, 2026, aft Olamilekan pleaded blameworthy to a one-count complaint of wealth laundering brought against him by the Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission, EFCC.
A connection by the bureau said that the complaint was filed nether Section 18(2)(a) and punishable nether Section 18(3) of the Money Laundering (Prevention and Prohibition) Act, 2022.
The complaint alleged that Olamilekan disguised the root of $800 successful acquisition cards, which formed portion of the proceeds of his unlawful activities.
It work "That you, Hassan Usman Olamilekan, sometime successful 2026 successful Lagos wrong the jurisdiction of this Honourable Court indirectly disguised the root of the sum of $800 (Eight Hundred United States Dollars) successful acquisition cards, which sum forms portion of the proceeds of your unlawful activity, and you thereby committed an offence contrary to Section 18(2)(a) and punishable nether Section 18(3) of the Money Laundering (Prevention and Prohibition) Act, 2022".
After the suspect entered his blameworthy plea, an EFCC operative, Ebuka Abanga, reviewed the facts of the lawsuit earlier the court.
Justice Dipeolu subsequently recovered Olamilekan blameworthy and con...








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