The royal family member was found guilty of cybercrime.
Oyekan and one Oni Stephen Oluwaferanmi were prosecuted on separate charges by the Economic and Financial Crimes Commission (EFCC).
Twenty-five year-old Oyekan was jailed alongside Oni from Ilesha in Osun after they pleaded guilty to the charges
EFCC counsel, Andrew Akoja led witnesses to review the facts of the cases.
The witnesses, both EFCC operatives, narrated how the defendants were arrested based on credible intelligence.
The prosecution tendered items recovered from the defendants – phones, laptops and fraudulent messages printed from the defendants’ email addresses – as evidence.
Justice Oyinloye said the court evaluated all the material evidence placed before it, the plea of guilt and the uncontroverted testimonies of the prosecution witnesses.
Oyinloye held that the prosecution proved its case beyond reasonable doubt. He sentenced Prince Oyekan to six months imprisonment with an option of ₦150,000 fine.
The court ordered the forfeiture of an iPhone and a Dell Laptop he used to perpetrate the crime to the government.
Justice Oyinloye sentenced Oni to one year imprisonment with an option of ₦350,000 fine.