Tag Archives: Fake Dollars

Bureau de Change operator exchanges N1.7m with fake dollars.

Posted on by
2

Usman Nafada, a Bureau de Change operator, has connived with an accomplice to swindle one Mr Abdullahi Uba, of the sum of N1.7m at the Obalende area of Lagos during the course of changing some dollars to naira.

It was reportedly gathered that Mr Uba had approached Usman in November 16th, 2016, requesting to change some Naira to American dollars.

The suspect was said to have informed Uba that he didn’t have any hard currency at that period for exchange but talked the victim into exchanging the money at a partner’s place to which he accepted and handed the money over to the suspect.

Investigations into the matter revealed that the suspect returned with $100 which he gave to Mr Uba and when he discovered it was fake, he reported the alleged fraud at the Lion Building Police Division, and Nafada was arrested.

According to uncomfirmed reports from a police source in lion’s building, he said,

“About 30 minutes after, the complainant discovered that the notes were fakes. He ran back to Nafada, but he denied knowing about the fraud. He took the victim to where he changed the money, but his accomplice had disappeared. Effort is ongoing to apprehend him.”

The suspect had been arraigned before an Igbosere Magistrate Court on Monday on a three-count charge bordering on stealing. The offence is punishable under sections 409, 312 (1) and 278 of the Criminal Law of Lagos State, 2011.

The charge read in part, “That you, Usman Nafada, and one other at large, on November 16, 2016, at about 11.30am, at Obalende, Lagos Island, in the Lagos Magisterial District, did obtain N1,792,000 from one Abdullahi Uba as equivalent naira to 45 fake notes of $100.

“That you, and others at large, on the same date, time and place in the aforementioned magisterial district, did steal the sum of N1,792,000 property of one Abdullahi Uba, thereby committing an offence punishable under Section 278 (1) (a) of the Criminal Law of Lagos State, 2011.”

Usman, the defendant, has however pleaded not guilty before the presiding magistrate, Miss A. O. Awogboror, and has been granted bail in the sum of N200,000 with two sureties in like sum.

The case has been adjourned till December 13th, 2016.

60 Year Old Man Held For Producing Fake Dollars Worth N3m

Posted on by
353

The Lagos State Police Command has arrested a 60-year-old man, Highsent Nwogu, for allegedly producing dollars worth N3m and defrauding residents of the Ogba area.

Nwogu, a father of five children and grandfather of three, said that he ventured into the “washing” of fake dollars to make ends meet.

It was learnt that Nwogu would ask his victims to buy some goods from overseas, and thereafter offered to get dollars for them to pay for the goods. The suspect allegedly gave his victims the fake dollars.

It was gathered that a victim of the suspect, identified as Hellen Olajide, who was defrauded of about N1.95m, reported the matter at the Area G Command, Ogba, and Nwogu was thereafter arrested.

The police said fake dollars worth N3m, chemicals and water drums allegedly used by the suspect were recovered from his apartment.

The grandpa said he began the business four years ago.

He admitted defrauding the lady of N1m, adding that he had refunded N400,000.

Nwogu said, “I used a room in my house to wash the dollars. My wife and children were not aware until the police arrested me.

“My clients did not suspect anything. I started currency production about four years ago. I have been arrested by the police on two occasions. This is the third time. I learnt how to produce the money in the Iyana Ipaja area.

“It was in August that I met Hellen (Olajide). When she found out that I had defrauded her of over N1m, she threatened to call the police, but I assured her that I would refund the money. She later called the police to arrest me.

“I want the government to forgive me. I collected N10,000 from my first victim, N30,000 from my second victim and N50,000 from another. I have three persons working with me; I used the money to solve my family problems.”

The victim, Olajide, said she paid the money in three instalments after Nwogu and his accomplices had hypnotised her to pay for the goods.

She said, “I was returning from work on that day, when three men accosted me and said I should follow them to a place to transact business. They said they were into importation and exportation of goods such as computer sets and Brazilian hair.

“I am sure they used some charms because it was after paying money the third time into a bank account I was given that my senses came back.

“It was after a month that I cried to the police for help. I want the syndicate to return my money, which is N1,992,000.”

The Lagos State Police Public Relations Officer, SP Dolapo Badmos, said the state Commissioner of Police, Fatai Owoseni, had directed that the suspect be charged to court.

She said, “The command learnt of the case, after which operatives trailed and arrested the suspect. He belongs to a syndicate that defrauds members of the public who want them to create wealth. We are on the trail of the accomplices.”

Credit:

http://punchng.com/grandpa-held-producing-fake-dollars-worth-n3m/