A businessman, Dominic Frank Labiran, 56, from Ogun State, Southwest Nigeria who shuttles between Nigeria and United States of America, USA to transects busness has been arraigned before a Lagos Magistrate for allegedly obtaining the sum of $155,000 equivalent to N55m from one Prisca Ndu under false pretence.
Police alleged that the accused collected the Currency from the complainant with the pretext to help her use the money to pay for her house rent in the USA, but instead the accused converted the money to his use.
A Police source alleged that following the development, the complainant reported the matter to the Divisional Police Office, DPO in charge of Ikoyi Division, Ikoyi, Lagos, CSP Tijani Mustapha N’Abba who directed his team led by Inspector Tope Ijatuyi to go after the accused and arrest him
The accused, accordiing to the Police was arrested on his arrival to Nigeria from the United States of America through intelligence gathering.
The accused was charged before an Igbosere Magistrate’s Court, Lagos on a three count charge of obtaining money under false pretence and fraud
Police Counsel, Jimoh Joseph informed the Court in charge No A/66B/2018 that the accused committed the offence
in August, 2017 at 5.Adeola Odeku Street, Victoria Island, Lagos.
Joseph told the Court that the Complainant reported to the Police that the accused who frequently transacts business in the USA collected the sum of $155,000 equivalent to N55.08m from her to help her resolve house problem in America.
Joseph further stated that the complainant said that She released the money to the accused on trust after he convinced her that he had solved the same house problems she was facing for many people in the USA.
He said that the complainant stated that She was shocked that after the accused collected the money from her, he failed to use the money to pay for the house rent She purchased on Mortgage..
Joseph said that the offences committed were punishable under sections 411.315(a)(b) and 325 of the Criminal Laws of Lagos State, 2015.
The accused, however, pleaded not guilty to the alleged Crime in the open Court and Chief Magistrate, O.Oshin granted him bail in the sum of N1m with two surties in like sum who must have N1m each in their accounts.
Oshin adjourned the case till 30 October,2018 for mention.