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Posted: 2025-04-29 20:05:31 UTC
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
Status
Last Updated
2025-04-29 20:05:50 UTC
Verified By
Rollup News
Olaniyan Gbenga Amos was sentenced to 63 years in prison for multiple investment fraud by the Oyo State High Court in Ibadan. He and his firm, Detorrid Heritage Investment Limited, were prosecuted on 30 counts of obtaining money by false pretenses. Amos had previously been sentenced to 75 years for similar offenses and has other ongoing trials.
Conviction and sentencing of Olaniyan Gbenga Amos
Multiple counts of investment fraud
Loss of over N1 billion to investors
Previous conviction for similar offenses
Ongoing trials in Federal High Courts
Obtaining money by false pretenses
Defrauding investors through false investment promises
Evading justice through legal loopholes (initially pleading not guilty)
Managing multiple trials and convictions