Social media is on fire after news broke that Ojo Eghosa Kingsley, a customer of First Bank, landed in serious trouble after allegedly refusing to return a whopping ₦1.5 BILLION mistakenly credited to his bank account.
According to reports, the money entered his account due to a bank error. Instead of raising alarm like a good Samaritan, Ojo allegedly began spending the funds like national budget — moving money across accounts linked to friends and family.
When First Bank discovered the error and demanded a refund, Ojo reportedly failed to fully comply, prompting the EFCC to step in. Investigations revealed that over ₦1.1 billion had already been traced and recovered, but a balance of about ₦272 million was still missing.
Fast-forward to court drama in Benin City, where an Edo State High Court found Ojo guilty of fraudulent conversion. The judge sentenced him to one year in prison, with an option of ₦5 million fine, and ordered him to refund the outstanding ₦272 million.
Online users are dragging the matter left, right, and center, with many shocked that someone would “see free money and forget law.” Others are using the case as a loud reminder that “alert no be your money until confirmed.”
💬 Moral of the story:
If strange money enters your account, run to the bank, not to the market — because EFCC no dey joke.
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