The Zonal Directorate of Lagos of the Commission of Economic and Financial Crimes, EFCC, has prosecuted four Chinese citizens in the Federal Superior Court in Lagos for alleged alleged investment fraud in cryptocurrencies and romance.
They were prosecuted before Judges M. Kakaki and Ayokunle Faji.
EFCC declared that individuals are part of a union of 792 members of alleged suspects of investment in cryptocurrencies and romantic fraud arrested in Lagos by their officers last year.
According to the statement, three of the defendants, Xia Guang Can, Li Xu Xin and Zhang Xue Hui, were prosecuted for separate charges from an account before Judge Kakaki, while Lu Yubo was prosecuted for a position of two positions before the Faji Judge.
The charges border the fraud on the Internet, cyber terrorism, the possession of documents that contain false pretensions, fraud of early rates and identity theft.
The suspects declared themselves “not guilty” of the charges that read them.
After their supplications, the lawyer of the prosecution, Fanen Anum and Ahmed Yerima, asked the courts for a date of judgment and requested that the defendants be sent in a correctional center.
However, the defendant's lawyer requested a brief postponement to submit their bail requests.
Judge Kakaki postponed the trial until March 18, 2025 and ordered that the three defendants refer in a correctional center. Meanwhile, Judge Faji postponed Lu Yubo's trial until March 31 and April 3, 2025 and ordered that they remode them in the Ikoyi Correctional Center.