Nigeria, June 21 -- The Federal High Court in Lagos has sentenced seven Chinese nationals to one year imprisonment each for their involvement in cyberterrorism and internet fraud linked to a massive Ponzi scheme uncovered in December 2024.

The convicts - Peng Li Huan, Zhang Jin Rong, He Kun, Rachelle Cabalona, Caselyn Pionela, Guo Long Long, and Zhang Hua Zhai - were arrested during a raid conducted by the Economic and Financial Crimes Commission (EFCC) on 10 December 2024 at a building in Lagos.

The commission said the operation led to the arrest of 792 suspects, including 158 foreign nationals.

The EFCC arraigned the seven Chinese nationals on separate one-count cases before Justices Ayokunle Faji, Chukwujekwu Aneke, and Yellim Bogor...