Breaking: Court Jails Two Chinese for 46 Years Over Multi-Billion Naira Crypto, Cybercrime Fraud

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Justice Daniel Osiagor of the Federal High Court in Lagos on Wednesday sentenced two Chinese nationals and directors of Genting International Co. Limited, Huang Haoyu, also known as Ken, and An Hongxu, to 46 years’ imprisonment each, or an option of a N56 million fine, for their roles in a multi-billion-naira cybercrime and money laundering scheme.


The court also ordered the convicts to perform three days of community service and directed that they be repatriated to China after serving their sentences.


Huang and An were among 792 suspected internet and cryptocurrency fraud suspects arrested by the Economic and Financial Crimes Commission (EFCC) in Lagos in December 2024.

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