Two money doublers in court for defrauding man of N529,000
Two men, Stephen Fabiyi, 19, and Olarewaju Ganiu, 38, appeared before an Ikeja Magistrates’ Court on Monday for allegedly defrauding a man of N529,000.
The defendants are being charged for conspiracy, stealing and obtaining money under false pretences. The duo, however, pleaded not guilty to the charge.
The prosecutor, Kenrich Nomayo, said the defendants fraudulently obtained N400,000, HP laptop worth N85,000 and a Tecno spark 4 phone of N44,000 from Samuel Iromini.
Mr Nomayo told the court that the defendants committed the offence with others still at large on October 23 at 6:00 p.m. on Railway Line, Fagba, Iju Ishaga, Lagos.
He submitted that the defendants collected the N529,000 from the complainant with an assurance to double the money, a representation they knew to be false.
Magistrate Elizabeth Adeola admitted the defendants to N100,000 bail with two sureties in like sum, and adjourned the case until December 13 for mention.
Ms Adeola ordered that the sureties must be gainfully employed and have evidence of two years’ tax payment to the Lagos State government.
The prosecutor said the alleged offence violated Sections 287, 314 and 411 of the Criminal Laws of Lagos State, 2015.
(NAN)
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette
States
Independence: NBA urges Nigerians to expect better future
The NBA said that ordinary Nigerians should be deriving benefit from the subsidy removal rather than hardship.
Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices
Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”
Economy
Nvidia CEO Huang accused of extramarital affair with company executive Kimberly Powell
Mr Huang, Nvidia chief executive who is being investigated by the FBI and his organisation over his romantic ties with a suspected Chinese spy, dated another company executive.
Anti-Corruption
Brothers convicted in $240 million cattle investment fraud scamming 2,200 U.S. investors
The brothers were convicted on Tuesday after a six-day trial before U.S. district judge Mark Pittman on the scheme, which operated through Fort Worth-based company Agridime LLC.
Economy
Reps introduce bill to establish PTDF governing board
A bill to establish a statutory governing board for the Petroleum Technology Development Fund (PTDF) passed its first reading in the House of Representatives.
Africa
Ghana’s President Mahama announces new offshore discovery
Mr Mahama announced a major new offshore oil and gas discovery following exploratory drilling at the Nya Gyidie 9-1X well in the Deepwater Cape Three Points contract area.
Politics
ECOWAS trains Gambian stakeholders ahead of December 5 presidential election
ECOWAS has begun training Gambian peace actors and electoral stakeholders ahead of the country’s presidential election scheduled for December 5.
Politics
APC recycling failed 2023 promises in 2027 manifesto, ADC says
ADC described the All Progressives Congress’ newly released 2027 manifesto as a shameless repackaging of promises made in 2023, many of which remain unfulfilled.
