Skip to main content

FUTA Suspends Four Students For Alleged N16m Internet Fraud

THE Federal University of Technology Akure (FUTA) has indefinitely suspended four students of the institution, who were arrested by the Economic and Financial Crimes Commission (EFCC) for alleged N16 million Internet fraud.
The EFCC had arrested the affected four suspects and another from Adekunle Ajasin University, Akungba (AAUA).





The suspects were arrested at an off- campus residence located at Anuoluwapo Close, Stateline Hotel Road, off FUTA South Gate, Akure, Ondo State.

A statement by the Head, Information and Protocol Unit of FUTA, Mr. Adegbenro Adebanjo, said the university’s vice chancellor approved the sanction.

The statement said: “The four students, who have been given indefinite suspension and are to stay away from the school until further notice, are  Ogundile A.O , Civil & Environmental Engineering; Fasakin  P. T,  Civil & Environmental Engineering; Akinsanmi F.O, Mathematical Sciences; and Ifeobu U. O. of the Department of  Urban & Regional Planning.

“In a letter conveying the suspension, the university said the vice chancellor approved the sanction  based on the extant rules, which stipulate indefinite suspension for students arrested and being investigated for allegation of criminal activities.

“This is in accordance with the provisions of the university Handbook of Information 2012-2015 Page 54, paragraph 5(i) which states that, “Whenever a student is being investigated for a criminal offence by the Police or is charged with a criminal offence; whether or not connected with the university; the student shall be suspended from his studentship until he/she is cleared of the allegation/charge’.”

On Monday, the EFCC had explained how it intercepted the syndicate.

It said:  “The commission got wind of their activities through series of intelligence. Paul and his co-travelers, who go about with the name Tsunami Gang and Young Pablo Money, allegedly swindled unsuspecting foreigners and others to the tune of N16 million recently.

“The suspected fraudsters engaged in fraudulent activities of obtaining money by false pretenses through scam mails.

“Paul is a penultimate final year’s student of Building Technology, James and Olusola are both 400 level students of Agricultural Resources and Mathematics respectively.

“Okali is a 200-Level student of Urban and Regional Planning and Adebiyi Tayo is a 300-Level student of Mathematics of the Adekunle Ajasin University, Akungba, Ondo State.

“At the point of arrest, EFCC operatives recovered a 2006 black Toyota Highlander with registration number (Lagos) LND 112 EG,  2010 light- green Toyota Camry (Muscle) with registration number (Lagos) AAA 850 EF, laptops, three Apple iphone6 and three Blackberry phones from them.

“Some implicating documents were also found and downloaded from their laptops. They are to be arraigned in court as soon as investigation is completed.”

Comments

Popular posts from this blog

Security Alert; Bart Ransomware Bypasses Corporate Firewalls

A new ransomware variant has emerged that’s similar to widespread threats such as Dridex 220 and Locky Affid=3, but uses a security-evading technique that may allow it to attack organisations protected from other malware, according to computer security researchers. Ransomware has spread quickly in the last few months, as a number of payouts have attracted cyber-criminals to the technique.

BT And Nokia Strike 5G Research Deal

BT and Nokia have signed a research collaboration agreement together to work on next generation 5G technologies. Both companies say they went to work on finding potential customer use cases for emerging 5G networks, and will collaborate on proof of concept trials for 5G. “Nokia is delighted to be working with BT in laying the foundations for 5G adoption in the coming years, and in helping define how this technology will enable exciting and innovative experiences,” said Nokia UK head Cormac Whelan. Speed Nokia stand MWC 20165G networks should offer customers faster speeds and lower latency, and will become especially pertinent through the Internet of Things over the next decade. Commercial 5G networks will offer speeds of at least 1Gbps, and have 1,000 times more capacity than 4G networks. Such speeds would allow for the simultaneous streaming of data-heavy content such as virtual reality or live 360 degree video to any device, while greatly reduced latency would mean real-t...

Mourinho Officially Begins Work As United Manager Today

Jose Mourinho officially started work as Manchester United manager at the club's Carrington training base on Monday. The Portuguese travelled to Manchester by train on Sunday night and posted a video on Instagram showing his arrival at Picadilly station, saying: "I am here/UNITED we can". He arrived at Carrington with goalkeeping coach Silvino Louro on Monday morning.