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Home » Auto Dealer Faces N1.5m Fraud Charge

Auto Dealer Faces N1.5m Fraud Charge

by Joshua
December 23, 2019
in Auto Mart

A truck dealer, Olawale Fatai, who allegedly obtained N1.5 million from a lawyer under the guise of buying a truck for him, was on Thursday brought before an Igbosere Magistrates’ Court, Lagos.

Fatai, whose residential address was not given, is standing trial on a three-count charge of conspiracy, fraud and stealing preferred against him by the police.

He, however, pleaded not guilty to all the three counts.

The Prosecutor, Sgt. Moshood Abiola, had told the court that the defendant and others still at large committed the offences in September 2018, at 10.00a.m, at Ojodu Berger, Lagos.

He said that the defendant fraudulently obtained the sum from one Mr Ademola Adelehin on the pretext of buying a truck for him.

“The defendant knew that the representation he made to the complainant was false at the time he made it,” Abiola said.

According to the prosecutor, the offences contravene Sections 285, 312 and 409 of the Criminal Law of Lagos State, 2011.

The Magistrate, Mrs O. O. Otitoju granted bail to the defendant in the sum of N100, 000 with two sureties in like sum.

She ordered that one of the sureties must be a relative to the defendant, adding that the sureties must be gainfully employed.

She also ordered that the sureties must provide means of identification and have their addresses verified.

Otitoju adjourned the case until Jan. 27 for mention. 

 


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