Home » Tag Archives: property fraud

Tag Archives: property fraud

FG exposes 114 companies involved in property fraud

property fraud

Property fraud – The Federal Government has uncovered 114 companies neck deep in shady land deals, even as it raked in N1.173 billion in tax revenues from January till date. The Executive Chairman, Federal Inland Revenue Services (FIRS), Tunde Fowler, made the disclosures in Abuja at the African Union high-level panel on illicit financial flows from Africa. According to him, ...

Read More »

51 year old man faces N20m property fraud charge

property fraud

Property Fraud – A 51-year-old man, Hakeem Garba, who allegedly defrauded 300 people of N20 million on pretext of building apartments for them, on Monday appeared before a Yaba Chief Magistrates’ Court, Lagos. Garba is facing a two-count charge of conspiracy and obtaining by false pretences. According to the prosecutor, ASP Roman Unuigbe, the accused committed the offences with three ...

Read More »

Court remands businesswoman for alleged N13M property fraud

businesswoman

A Kubwa Grade 1 Area Court, Abuja, on Thursday remanded a 34-year-old businesswoman, Joy Abiodun, in police custody over alleged N13 million scam. The judge, Mohammed Marafa, however, adjourned the case until April 20 for ruling on bail application. The defendant of Wuse, Abuja, is facing a three-count charge of criminal breach of trust, cheating and forgery, offences she denied ...

Read More »

Brother to late founder of Guaranty Trust Bank arraigned over land fraud

Land Fraud

The Lagos State Government on Wednesday arraigned a brother of late founder of Guaranty Trust Bank (GTB) and property developer, David Olumide Aderinokun and a staff of the New Town Development Authority (NTDA), Balogun Adeniyi Abdul-Wakil before an Igbosere Magistrate Court over alleged conspiracy, forgery, stealing and property fraud on parcels of land in Lekki Peninsula estimated at 2678.068 square ...

Read More »

Real Estate Scams and How To Avoid Them

real estate scams

The Real Estate industry in Nigeria is fraught with various issues or cases of people being duped either by estate agents, con artists and the so called omoniles. This article gives you an insight into the real estate scams in the Nigerian context, and how it can be avoided. With the demand for accommodation more than supply, it then doesn’t ...

Read More »

Man Seeks Justice For Wife Over Failed N2.5m Property Deal

Man Seeks Justice For Wife Over Failed N2.5m Property Deal

Police detectives attached to the Delta State Police Command are looking for some workers of Pentagon Real Estate Investment Limited over an alleged N2.5m fraud. The Police Public Relations Officer in the state, Mrs. Celestina Kalu, who confirmed the development, said one Amunewa Steven Onyeka petitioned the Commissioner of Police, Alkali Baba Usman, on the matter. Kalu said the petitioner ...

Read More »

Court arraigns two for property fraud in Enugu

misconduct charge court stories alleged fraud

Two people, a man and a woman have been arraigned at the Federal High Court in Enugu State for property fraud up to the tune of N58 million. Adaobi Ofoma Chuke and Chief James Ofoma are facing a four-count charge bordering on conspiracy and obtaining properties by false pretence. The offences allegedly date back to 2010. The accused pair however ...

Read More »