The sports category has moved to a new website.
ADVERTISEMENT

Bureau de change operator faces N22.6m fraud charge

A bureau de change operator has been charged with obtaining funds under false pretence.

A bureau de change operator counts U.S. currency notes in Abuja, March 12, 2015.  REUTERS/Afolabi Sotunde/File Photo

The Chief Magistrate, Mrs A. F. Adeeyo, who gave the ruling, said the accused should produce two sureties in like sum, with one of them being a blood relation who must not be self-employed.

Ajayi, whose address is unknown, had pleaded not guilty to a three-count charge of obtaining by false pretence, forgery and stealing.

Earlier, the prosecutor, Sgt. Ibijoke Akinpelu, told the court that the accused defrauded two persons of the sum of N22.6 million on the pretext of converting the amount to U.S dollars.

ADVERTISEMENT

Akinpelu said that Ajayi fraudulently obtained the sum of N4.1 million from one Seindemi Olabayo and N18.5 million from one Oluwafemi Oladehinde, assuring them that the money would be converted to U.S dollars.

She said that the accused also backed up his fraudulent act by forging an FCMB bank statement of account.

Akinpelu said that the offences contravened Sections 287, 315 and 365 of the Criminal Law of Lagos State, 2011.

The case was adjourned till April 6 for mention.

JOIN OUR PULSE COMMUNITY!

Unblock notifications in browser settings.
ADVERTISEMENT

Eyewitness? Submit your stories now via social or:

Email: news@pulselive.co.ke

Recommended articles

Marianne Kitany tactfully speaks on whether Ruto should fire her ex, CS Linturi

Marianne Kitany tactfully speaks on whether Ruto should fire her ex, CS Linturi

Gov't & opposition officials clash at Rita Tinina's burial ceremony

Gov't & opposition officials clash at Rita Tinina's burial ceremony

CS Murkomen unveils new number plates for cars that will get preferential treatment

CS Murkomen unveils new number plates for cars that will get preferential treatment

Moi University students escape through windows after road crash

Moi University students escape through windows after road crash

57,000 civil servants to have their rent reviewed upwards

57,000 civil servants to have their rent reviewed upwards

Interesting story of U.S. Army Specialist Wambui who comes from a military family

Interesting story of U.S. Army Specialist Wambui who comes from a military family

Heroic GSU officer dies after jumping out of a taxi along Thika Super Highway

Heroic GSU officer dies after jumping out of a taxi along Thika Super Highway

DJ Joe Mfalme detained for 14 more days

DJ Joe Mfalme detained for 14 more days

Explosive blows up hotel next to police station, deaths reported

Explosive blows up hotel next to police station, deaths reported

ADVERTISEMENT