2 Fake Forex Operators Charged For N17.2M Fraud

* Scales of Justice * Source: Iconfinder


A 35 year-old woman, Omotayo Omolere and one Seth Adeyemi Amujo, were on Tuesday, arraigned before an Ebute-metta Chief Magistrate’s Court, lagos, on charges bordering on conspiracy, obtaining under false pretence and stealing of the sum of N17.2 million.

The police from State Criminal Investigation and Intelligence Department (SCIID) Panti-Yaba, Lagos, alleged in a charge marked D/111/2017, that the two accused persons, who are Business Development Manager and farmer, respectively, had sometimes in 2016, at their residence, 7, Ajao Street, Off Adeniyi street, Ikeja, Lagos, collected the sum of N17.5 million from one Aderemi Bello, under false pretence that they are forex operators, and that they will use the money for an online trading store.

However, the police told the court that the matter was reported to the police after the complainant, Adeyemi, waited severally without hearing from the two defendants.

Consequently, the two accused persons were charged to court on charges bordering on conspiracy, stealing and obtaining under false pretence.

The offences according to the prosecutor, Inspector Chinnalu Uwadione, are contrary to and punishable under sections 411, 312 and 287 of the Criminal Law Cap. C17, Vol. 3, Laws of Lagos state of Nigeria, 2015.

The two accused persons pleaded not guilty to all the counts of the charge.

Following the pleas of the accused persons, the Presiding Magistrate, A. S.Okubule (Mrs.) admitted them to bail in the sum of N2 million with two sureties in the same like sum.

The magistrate ordered that one of the sureties must be a house owner, with three years tax, means of livelihood, which must be verified by the court’s prosecutor.

The Magistrate ordered that the two accused persons be remanded in prisons custody, pending when they meet the bail condition.

While adjourned the matter till January 29, 2018, for mention.


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