Two Suspects Arrested Over N1.2bn Fraud

The EFCC has announced the arrest of 2 men suspected of defrauding a foreign investor of $7.9 million (1,289,280,206.28)

• Published: 16.09.2014
• 'Jola Sotubo

Victor Uwadiale arrested by the EFCC over fraud (Sahara Reporters)

Everest Nnaji arrested over fraud by the EFCC (Sahara Reporters)

The Economic and Financial Crimes Commission (EFCC) has arrested 2 men on suspicions of fraud.
Mr. Victor Uadiale and Captain Nnaji Everest are said to have duped a foreign investor from the Middle East and both of them have been accused of perpetrating a scam to the tune of $7.9 million (1,289,280,206.28).
The EFCC, in a statement signed by its Head of Media & Publicity, Wilson Uwujaren said:
Two suspected fraudsters who allegedly defrauded a foreign investor of the sum of $7.9 million have been arrested by the Economic and Financial Crimes Commission, EFCC.
The fraudsters: Mr. Victor Uadiale and Captain Nnaji Everest, were arrested separately in connection to the scam. Uadiale, the principal suspect, is the arrow head of an international syndicate versed in defrauding international businessmen seeking investment opportunities in Nigeria.
He allegedly invited the investor, a businessman from the Middle East, to invest in the flourishing oil sector in Nigeria. Using a pseudo name: Victor Emeka, he made the investor to visit Nigeria and received him at the Nnamdi Azikwe International Airport, Abuja and thereafter flew him in a helicopter to a destination where he reportedly met a certain Mr. Grant, a member of the syndicate, who assured him of the credibility of the business arrangement.
Convinced that Uadiale was real and the business promising, the investor started paying money in foreign currency into Uadiale's offshore accounts where they are laundered into various bank accounts around the globe. A sum of $1,292,000 was traced to a Barclay's Bank (United Kingdom) account of Captain Nnaji Everest, a member of Uadiale's syndicate.
The sum of N1,599,602.58; N1,241,039,00; 894.79 Pound Sterling and $275.30 were traced to Uadiale's accounts with one of the new generation banks in Nigeria and another 391.93 Pound Sterling to another local bank.
In the course of investigation, Uadiale denied meeting or transacting any business with the foreign investor. He was however nailed by a business associate of the investor who identified him as the fraudster that duped the investor and led operatives of the EFCC to the private residence of Uadiale in Festac Town, Lagos.
Both suspects will soon be charged to court

EFCC Arraigns Suspected Fraudsters for N20m Fraud

The Economic and Financial Crimes Commission, Thursday, July 10, 2014 arraigned the duo of Orum Chinedu and Onyiye Chima before Justice S.M Shaibu of the Federal High Court, Owerri on a 5-count charge bordering on conspiracy and obtaining money by false pretence.

The accused persons allegedly obtained the sum of N20, 000,000:00 from one Ekwe Augustine Mark under the pretext that they would help him secure an oil pipeline laying contract in Awa Community in Imo State from oil major, Addax Petroleum.
EFCC  
 EFCC They allegedly perfected the scam by presenting themselves as staff of the oil company will powers to influence the contract award.
The accused persons however, pleaded not guilty to the charges preferred against them.
One of the counts reads; “that you  Orum Chinedu, Ifeanyi Jude Owum, Onyiye Chima, between the 16th day of August, 2013 and 19th day of December, 2013 at Owerri, Imo State, within the Jurisdiction of this honourable court, with intent to defraud did obtain the sum of Four Million, Eight Hundred and Forty Thousand Naira from Ekwe Augustine Mark through an Ecobank account number 2351110574 belonging to Nwakama Henson Chinedu under the false pretence that there is an Addax Petroleum contract for laying of ‘4’ inches steel oil pipe with Addax Petroleum for which you will recommend Ekwe Augustine Mark to Addax Petroleum, a pretext you knew to be false and thereby committed an offence contrary to section 1(1)(a) of the Advance Fee Fraud and Other Fraud Related Offences Act, 2006 and punishable under section 1(3) of the same Act”.

Fraudster in EFCC Net for Abuja Land Grab-EFCC

EFCC Press Release
A suspected fraudster who attempted to fraudulently assume ownership of a prime plot of land in the Maitama district of Abuja, belonging to a member of the famous Dantata family of Kano has been arrested by the Economic and Financial Crimes Commission, EFCC.
Mohammed Awwal 1 mohammed awwal 2
Mohammed Awwal alias Nasiru Abdulkadir Dantata was arrested by operatives of the Commission sequel to a report from the Department of Land Administration, Federal Territory Administration (FCTA) Abuja.
mohammed awwal 3
The suspect, who was parading himself as Nasiru Abdulkadir Dantata, was in possession of the original Right of Occupancy of Plot No. 2068 Cadastral Zone A05, Maitama District, Abuja, along with several other forged documents.

Upon his arrest and subsequent investigation, ‘Nasiru Abdulkadir Dantata’ was discovered to be the same as Mohammed Awwal but assumed the false identity of Dantata in a desperate bid to hoodwinked unsuspecting members of the public into believing that he is the bona fide owner of title to the property.
Several forged and incriminating documents and two international passports bearing different names were recovered from his house upon a search executed after his arrest. In one of the passports, the suspect with the name Mohammed  Awwal is said to be a native of Katsina while he bears Nasiru Abdulkadir Dantata in another passport in which he claims to be from Kano State.

He was also discovered to be in possession of a suspicious local government indigene certificate where he bears the name Haruna Lawal Muhammed, from Batsari local government area of Katsina State.

Investigation into the scam continues.

ETISALAT IN NIGERIA TO DEFRAUD NIGERIANS!!!

NIGERIANS BEWARE!!!
ETISALAT is in Nigeria to defraud Nigerians. I've been watching them since until yesterday, I bought N2000 for my modem and got 650mb for one month, in less than 2hrs, Etisalat announced the data finished, I did not download nor upload anything, no video, no music. I called the customer care but they made sure i finished my airtime without attending to the complaint. Please think twice before you subscribe to any Etisalat data plan. They are executive army robbers.

‘My story’, by victim of N9.8bn Nigerian fraud  

A man, Matthew Chukwu, on Tuesday told a Nigerian Federal High Court in Lagos that a “Wonder Bank” Operator, Fortune Etaba, defrauded him to the tune of over N2 million on the pretext of doubling the amount.
Chukwu, who is also a witness, was testifying at the resumed trial of Etaba, the Managing Director of the bank, charged with N9.8 billion(about $62 million) fraud.
Led in evidence by the Prosecutor, Mr Effiong Auquo, the witness told the court that he came in contact with the accused in 2009.
He said an agent to the accused, one Amos, had approached him at the Alaba International Market, on Nov. 28, 2009, with an offer of business promotion.
The witness said that the agent had told him that he was from a bank, Establishment House Ltd, adding that they were out to help facilitate the growth of businesses in Nigeria.
He told the court that the agent informed him that the company had branches in Denmark, Germany, Japan and Qatar and that they had come to better the lives of businessmen in Nigeria.
“The agent told me that I will get back an additional 50 per cent of any deposit I made with the bank, within 21 days.
“On Nov. 30, 2009, I followed him to his office for confirmation and I met the accused, Etaba, who confirmed to me that the offer was real.
“Immediately, I went back and got the sum of N1.5 million which I paid into the bank and subsequently, brought an additional N828,000.

NSCDC land scam: Corps admits involvement of two staff

An official of the NSCDC, yesterday, attested to the fact that a couple, Edike Daniels and his wife were using the name of the corps to sell plots of land around FCT to members of the public.
This testimony come barely one week after the Commandant-General of the Nigerian Security and Civil Defence Corps, NSCDC, Dr. Ade Abolurin, denied that were contentious issues regarding the sale of lands at the Federal Capital Territory, FCT.
The said couple are both Directors of a private company known as Dynamy Nigeria Limited.
The NSDC official, Mrs. Nnenna James in her testimony before the Committee investigating land racketeering in Abuja, declared that she had written payment receipts for more than 50 people who made payment in the NSCDC Commandant’s office.
She said she was re-posted from the Operation Department to the Housing, to facilitate the transactions. She said the posting was done by the FCT commandant, Rabe Sa’idu.
Rabe Sa’idu however admitted re-posting Mrs. James from her previous department to the Housing. This, he said was done due to the request by Edike Daniels, whose company was selling the lands.
Relatively, the solicitor of Dynamy Nigeria Limited, Mr. Benard Ben also disclosed to the committee that the sole Directors of the company were Edike Daniels and his wife even as staff of the NSCDC.
The solicitor pointed out that ACG Rabe Sa’idu gave “tacit approval” to three companies to start selling lands on behalf of the corps.

Property Acquisitions and Legal Issues in Nigeria
THE RISING SCAM IN NIGERIAN REAL ESTATE by Barrister (Mrs) Micah

I left Nigeria to London in my very young age where I successfully studied law in one of the top London University and went on to do Bar Vocational Course (BVC). Having spent so many years in London I thought it wise to come back to my country (Nigeria) to settle down with my family so that my children will know their root very well.
In order to continue my practice, I did my law school in Nigeria and started my practice as a Barrister & Solicitor Advocate of Nigeria.
Among other areas of speciality, conveyancing, Property Sales and Development is one of our area of expertise and through this experience I thought it wise to write this article to warn other Nigerians both local and Overseas about what they need to know before buying or selling properties in Nigeria.
Unfortunately, I will not like to overwhelm you with lots of information, however, if you are of any concern, do call me at appropriate time; I will be more than happy to answer your questions.
In doing so, I will like to share some personal and professional experiences with buying, selling, letting or renting properties in Nigeria. Things are very tough now making some people to become ‘fake’ estate agents as an umbrella to commit fraud.

Welcome to MYNAIJAEXPERIENCE.

We all have different stories to tell, we have been treated shabbily at different times, cheated, abused and taken advantaged of, we have no one to cry out to, yet the bad guys continue in their tracks, causing pains and anguish to helpless and hapless Nigerians. This is an opportunity for you to narrate your nasty experience in Nigeria. On this blog, we will be blunt, we will name the names and shame the shame, we won’t spare anyone, no matter highly placed. IN THE FACE OF WICKEDNESS, SILENCE IS NOT GOLDEN.

On the other hand, we have around us, good people who are all out to affect lives, help the helpless, create a future for the hopeless and work tirelessly to leave a better Nigeria behind for their children. Such persons deserve our commendation and appreciation. Please don’t hold it back, narrate the good stories about Nigeria and good treatment meted out to you by Nigerians.

THAT’S ALL WE DO ON MYNAIJAEXPERIENCE, it’s your site, let’s use this to sanitize our society. All stories should be sent to wallbuildersnig@gmail.com, they shall be published verbatim and unedited provided they are accompanied with author’s name and phone number.
Enjoy our world as we clean up our society.