Tag Archives: fraud

A land speculator, Ibrahim Yusuf, on Friday appeared before a Kubwa Grade 1 Area Court, Abuja, over alleged N710, 000 scam.‎ The defendant of Arab Road, Kubwa, Abuja was docked on a charge of cheating, an offence he denied committing. Police prosecutor, Babajide Olanipekun, said that Sani Abubakar of Kubwa, Abuja, reported the case at Kubwa Police Station on April ...

A 42 year-old building contractor, Adegboyega Olamilakan was on Friday, arraigned before an Abeokuta Magistrates’ Court, Isabo in Ogun, for allegedly defrauding his customer of N52million. Olamilakan, whose address was not provided, is facing a three-count charge of fraud, stealing and threat to life. The Prosecutor, Insp. Sunday Eigbejiale, told the court that the accused committed the offences in 2016 ...

Justice Oluwatoyin Ipaye of the Lagos State High Court in Igbosere yesterday convicted and sentenced an estate agent, Babatunde Habeeb to 1,230 years imprisonment for defrauding 101 unsuspecting accommodation seekers of N28 million, under the false pretence of giving them accommodation. The estate agent, Habeeb, also known as Babatunde Salawudeen, was handed the verdict after the judge found him guilty ...

A couple, Ademola Kafaru and Mojisola, who allegedly defrauded their landlady of N490, 000, were on Wednesday released on a N20, 000 bail each, an Ogudu Magistrates’ Court ruled in Lagos on Wednesday. The Magistrate, Mrs O. Sule-Amza, who gave the ruling, also ordered them to produce two sureties who must show evidence of gainful employment. The couple who lives ...

Real estate transactions involve the leasing, renting, buying or selling of property and is viewed as a very profitable venture. Unfortunately, scams and frauds are a common feature within the sector. This article identifies red flags in real estate transactions you must watch out for. Scam or fraud is a major obstacle bedeviling real estate transactions in Nigeria, this is ...

“Less than a month after a developer at Iponri allegedly defrauded some house seekers of their money, another one, Mali Najeemdeen has been accused of a similar offence.”- The Nation Najeemdeen was alleged to have fleeced about 74 victims of N50million under the guise of providing them accommodation at Ijeshatedo in Surulere. The victims were said to have individually paid ...

According to The Guardian, a National Assembly member, Sen. Stella Oduah, has debunked allegation that she bought a 1.2 million dollars house in England while she was Minister of Aviation, saying it is untrue. She said at a News Agency of Nigeria (NAN) Forum in Abuja on Thursday that the allegation made in an online publication was a total falsehood, ...

Don’t be easily fooled by plenty talks, not every real estate agent or developer goes into the business of real estate having their client’s best interest at heart. This article turns searchlights on the dark agents of real estate business Real estate transactions involve the leasing, renting, buying or selling of property and is viewed as a very profitable venture. ...

According to The Nation, the Economic and Financial Crimes Commission (EFCC) on Tuesday arraigned a Real Estate manager, Mr. Oluwafunmilayo Samuel Ademosu, over alleged N62 million foreign exchange fraud and issuance of dud cheque. Ademosu was arraigned alongside his company, H. T. Real Estate Limited, before Justice Josephine Oyefeso of a Lagos State High Court sitting in Ikeja. They are ...