The Next Edition
  • Home
  • About Us
  • News
  • Featured
  • Investigations
  • Foreign
  • Special Reports
  • Entertainment
  • Interviews
  • Advert Rate
No Result
View All Result
The Next Edition
No Result
View All Result
  • Home
  • About Us
  • News
  • Featured
  • Investigations
  • Foreign
  • Special Reports
  • Entertainment
  • Interviews
  • Advert Rate
Home Top News

Man, 46, Faces N2.8m Forex Fraud Charge

Next Edition by Next Edition
November 5, 2021
in Top News
Court Remands Man, 29, For Alleged Kidnap, Rape, Armed Robbery
0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on Whatsapp

Top news

A 46-year-old man, Kunle Ogunyemi, who allegedly defrauded two people of N2.8 million on the pretext of investing it in forex trading, on Friday appeared before an Ikeja Magistrates’ Court.

You might also like

Gunmen Attack Edo Seminary, Kill NSCDC Officer, Abduct 3 Students

Tragedy As 3-Year-Old Boy Dies After Falling Into Open Soakaway In Lagos

NAFDAC Warns On Recalled U.S. Supplements

Ogunyemi, whose residential address was not given, is facing a two-count charge bordering on obtaining money by false pretences.

He, however, pleaded not guilty to the charge.

The prosecutor, Insp Wasiu Dada, alleged the defendant obtained N2,050,000 from one Mrs Mary Abiodun and N800,000 from another person with a promise to introduce them into forex trading.

Dada said that the defendant knew that the representation was false.

He told the court that the defendant committed the offences on May 1 at 1.00 p.m. at Iyana-Ipaja, Lagos State.

He submitted that efforts made to retrieve the money from the defendant proved abortive.

The prosecutor said the alleged offences contravene Sections 313 and 314 of the Criminal Law of Lagos State, 2015.

READ ALSO: Benue IDPs At Abagana Camp Allege Security Threats, Demand Police Post

The News Agency of Nigeria (NAN) reports that obtaining money under false pretences attracts 15 years’ imprisonment.

Magistrate Emeka Opara admitted the defendant to bail in the sum of N200,000 with two sureties in like sum.

Opara ordered that the sureties must be gainfully employed and have evidence of two years’ tax payment to Lagos State Government.

He adjourned the case until Nov. 10 for mention. (NAN)

Tags: CourtForexForex tradingfraud chargeFX
Next Edition

Next Edition

Recommended For You

New Armed Group Emerges In Zamfara; Comprises Locals And Foreigners – Senator

Gunmen Attack Edo Seminary, Kill NSCDC Officer, Abduct 3 Students

An officer of the Nigeria Security and Civil Defence Corps (NSCDC) was killed when gunmen attacked the Catholic Immaculate Conception Minor Seminary in Ivianokpodi, Agenebode, Etsako East Local...

Tragedy As 3-Year-Old Boy Dies After Falling Into Open Soakaway In Lagos

Tragedy As 3-Year-Old Boy Dies After Falling Into Open Soakaway In Lagos

A three-year-old boy, Chibuike Uba, has died after falling into an uncovered soakaway in the Babarinsa area of Ibeju-Lekki, Lagos State.   The tragic incident occurred on Wednesday...

NAFDAC Warns On Recalled U.S. Supplements

NAFDAC Warns On Recalled U.S. Supplements

The National Agency for Food and Drug Administration and Control (NAFDAC) has alerted Nigerians about the recall of certain multivitamins and iron supplements in the U.S. NAFDAC, via...

US Visa Applicants to Submit Social Media Handles, Email Addresses

US Cuts Nigerians’ Visa Validity To Three Months

  The United States Department of State has announced an update to its non-immigrant visa policy for Nigerian citizens. According to a press release issued by the US...

Next Post
Evans: Selection Of Judgment Date Stalled

Evans: Selection Of Judgment Date Stalled




Related News

WTO’s Ngozi Okonjo-Iweala On 4-Day Visit, To Hold Talks With President Buhari, Stakeholders On Economy

WTO’s Ngozi Okonjo-Iweala On 4-Day Visit, To Hold Talks With President Buhari, Stakeholders On Economy

Bello’s Convoy Attack Political, Natasha Akpoti-Uduaghan Alleges

Bello’s Convoy Attack Political, Natasha Akpoti-Uduaghan Alleges

Plateau Records First Coronavirus Death

Gov. Lalong Criticises Killing Of Miners In Jos South




The Next Edition

Office Address

3B, Agboola Aina street, Off Toyin Street,
Ikeja, Lagos.

Quick Contact Details

Phone:
08033018430
Whatsapp:
08051679910

Email:
[email protected]
[email protected]

Categories

  • Aviation
  • Beauty
  • Breaking News
  • Business
  • Columnists
  • Editorial
  • Entertainment
  • Fashion
  • Featured
  • Football
  • Foreign
  • Headline News
  • Home & Garden
  • Interviews
  • Investigations
  • North Central
  • North East
  • North West
  • Opinion
  • Parenting
  • Politics
  • Relationships
  • South East
  • South West
  • South-South
  • Special Reports
  • Sports
  • Top News
  • Vox Pops

© Next Edition Business Development Limited

  • About Us
  • Advert Rate
  • Contact Us
  • Privacy Policy
  • Terms of Use
No Result
View All Result
  • Home
  • About Us
  • News
  • Featured
  • Investigations
  • Foreign
  • Special Reports
  • Entertainment
  • Interviews
  • Advert Rate

© Next Edition Business Development Limited