A 50-year-old man, Chinedu Enyeobi, on Monday appeared before an Ikeja Magistrates’ Court for allegedly obtaining N3.8 million under false pretences. The police charged Enyeobi with obtaining by false pretences and stealing by conversion. The defendant, however, pleaded not guilty…
Electrician nabbed 2 years after alleged N3OOk fraud, arraigned
A 52-year-old electrician, Obidike Dimkpa, on Friday appeared before an Ogudu Magistrates’ Court, Lagos for alleged N300,000 fraud. The Police slammed a three-count charge on Dimkpa, bordering on obtaining by false pretences and stealing, to which he pleaded not guilty.…
Sam Bankman-Fried pressed in court over past comments
Sam Bankman-Fried struggled to account for the management of his now-bankrupt crypto exchange, FTX, as his fraud trial neared its conclusion on Tuesday. Prosecutors in New York finished questioning the 31-year-old, who made the risky decision to take the stand…
Auto dealer jailed 7 years for N24m fraud
An Ikeja Special Offences Court on Monday sentenced an auto dealer, Razaki Adeyiga to seven years imprisonment for defrauding a man of N24 million. Justice Olubunmi Abike-Fadipe, convicted Adeyiga on the two counts of theft and fraud, leveled against him…
Man docked for alleged N13m fraud
A 49-year old man, Timothy Alonge, was on Friday arraigned before an Ikeja Magistrates’ Court over alleged stealing and obtaining N13 million by false pretense. The defendant, an estate agent, residing at 4, Laggai Estate, Redemption Camp, Ogun, is being…
Man docked over alleged N2.7m fraud
A 39-year old man, Kajola Mohammed, was on Wednesday docked in an Ojo Magistrates’ Court in Lagos State, for alleged N2.7 million fraud. The defendant was arraigned on two-count charge of obtaining money by false pretence and conversion. He, however,…
Court convicts crypto trader for fraud
A Federal High Court sitting in Ikoyi, Lagos, on Friday, October 6, 2023, convicted one Lawrence Success Karinate, a Peer-to-Peer crypto trader for computer-related fraud. The Economic and Financial Crimes Commission made this known via an official statement on its…