• About
  • Advertise
  • Privacy & Policy
  • Contact
Monday, July 21, 2025
  • Login
  • Cover
  • News
  • Politics
  • Business
  • Security
  • Entertainment
  • World
  • Sports
  • Editorial
  • Interview
No Result
View All Result
Newsdesk Africa
Advertisement
  • Cover
  • News
  • Politics
  • Business
  • Security
  • Entertainment
  • World
  • Sports
  • Editorial
  • Interview
No Result
View All Result
Newsdesk Africa
No Result
View All Result
Home Judiciary

I was deceived into investing $10,778 in cryptocurrency platform, EFCC witness tells court

Adepegba Abioye by Adepegba Abioye
June 30, 2025
in Judiciary
0
Court orders 54 banks to return N9.3bn stolen from customers accounts
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

A Warri-based fish farmer, Mr. Edafe Imirike, has told the Federal High Court in Abuja that he was deceived into investing $10,778.64 in Afriq Arbitrage System (AAS) Limited, a cryptocurrency platform.

The company and its CEO, Jesam Michael, are facing charges of advance fee fraud brought by the Economic and Financial Crimes Commission (EFCC).

Imirike, the first prosecution witness, testified that he invested in the platform after being introduced to it by his sister, who resides in Canada.

He claimed that Michael showed him a Corporate Affairs Commission (CAC) document and an EFCC certificate to assure him of the platform’s legitimacy.

“He told me what to expect. He showed me a CAC document and EFCC certificate to show that the platform was legit,” Imirike said.

He added that he invested the money from his fish farming business and even invited two of his uncles to join the platform.

During cross-examination, Imirike admitted that he invested because he believed the platform was genuine.

“I invested based on the CAC and the EFCC certificates and that the platform was genuine. That our capital will be secured,” he said.

The witness also testified that he received returns on his investment, including a withdrawal of $137. However, he denied collecting a total of $11,910.00 as returns, as claimed by the defense lawyer.

The court adjourned the matter until June 27 and July 4 for continuation of trial.

Previous Post

Cybercrime constitute over 30% of crimes in West, East Africa – INTERPOL

Next Post

Israeli’s strikes claim 650 lives in Iran – Report

Next Post
30 Iranian Generals killed in 12 days Israeli/Iranian war

Israeli’s strikes claim 650 lives in Iran – Report

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

https://youtu.be/FHyJ1Wr0FAk?si=0WVYI_2OR4OrIrQ4
https://youtu.be/gbE3azm_Io0?si=GdE3Mqelo1ujTNla
Oleksandr Usyk knocks out Daniel Dubois to become undisputed World Heavyweight Champion
Sports

Oleksandr Usyk knocks out Daniel Dubois to become undisputed World Heavyweight Champion

by Bature Magaji
July 21, 2025
0

Oleksandr Usyk solidified his legacy as the premier heavyweight of his era with a dominant fifth-round knockout victory over Daniel...

Read moreDetails
Notorious kidnapper Wasiu Oloyede arrested in Ogun after abducting a soldier

Notorious kidnapper Wasiu Oloyede arrested in Ogun after abducting a soldier

July 21, 2025
N1.5m bribe to free kidnap suspect – Police 

N1.5m bribe to free kidnap suspect – Police 

July 21, 2025
Why NNPC refineries may never work again — Dangote

Dangote Refinery targets 700,000bpd capacity

July 21, 2025
My priority during my birthday celebrations, by Peter Obi

My priority during my birthday celebrations, by Peter Obi

July 21, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

Copyright© 2022-2025 Newsdesk Africa Published by Glossy Affairs Ltd. Tel: +2348152359152. Email: info@newsdeskafrica.com.ng editor@newsdeskafrica.com.ng

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Homepage

Copyright© 2022-2025 Newsdesk Africa Published by Glossy Affairs Ltd. Tel: +2348152359152. Email: info@newsdeskafrica.com.ng editor@newsdeskafrica.com.ng