Sokoto court jails fake forex operator 87 years for N325million fraud

He was jailed on Thursday, October 5, 2023 after pleading guilty to 12- count charges bordering on criminal breach of trust and obtaining by false pretence .

One of the charges reads: “That you Abubakar Ahmad Abubakar sometime in October, 2022 in Sokoto within the Judicial Division of the High Court of Justice Sokoto State, while being entrusted with property to wit: the total sum of N80,100,000.00 (Eighty Million One Hundred Thousand Naira) by one Usama Abdullahi for the purpose of Bureau de Change business; you dishonestly converted the said property/sum to your personal use in violation of the mode in which the trust was to be discharged and you thereby committed the offence of Criminal Breach of Trust contrary to Section 300 of the Sokoto State Penal Code Law 2019 and punishable under Section 301 of the same Law”.