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Wednesday, February 11, 2026

Lagos court jails two Chinese businessmen 46yrs over $2.5m fraud

Justice Daniel Osiagor of the Federal High Court sitting in Ikoyi, Lagos, has sentenced two Chinese: Huang Haoyu and An Hongxu, to 46 years’ imprisonment each for cyber terrorism and internet fraud.

The convicts, alongside one Friday Audu were among a syndicate of 792 fraudsters arrested for cryptocurrency, investment and romance fraud on December 19, 2024 in Lagos in a surprise operation tagged “Eagle Flush Operation” by EFCC operatives.

Investigations revealed that Friday allegedly incorporated Genting International Co. Ltd. on the directive of Huang Haoyu to facilitate the fraudulent scheme.

 

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