The trader denied committing the offence.
On Thursday, two men, Hamza Naziru, 18, and Mohammed Muritala, 22, appeared before the Karu Upper Area Court, Abuja, for stealing security lights.
On Wednesday, the police arraigned three men in the Karu Upper Area Court, Abuja, for criminal conspiracy, breach of trust, and cheating.
Mr Madaki, a resident of Keffi, Nasarawa State, was convicted on a two-count charge of criminal breach of trust and cheating.
The convicts were given an option of N45,000 fine each, and ordered to pay N350,000 each as compensation.
The convict pleaded guilty to theft.
The unemployed man, who pleaded not guilty, was granted N200,000 bail with one surety.
24-year-old Valentine Nmoye will sweep the Karu Upper Area Court, Abuja, for stealing N4,000 worth of perfumes.
An auto mechanic, Osho Ogunshakin, was on Monday docked in the Karu Upper Area Court, Abuja, for defrauding his client of N7 million.
A security guard, Alphonsus Olegbo, was on Wednesday docked in the Karu Upper Area Court, Abuja, for allegedly stealing 30 gowns.
