How 55-Year Old Man Swindled MicroFinance Bank N10m With Fake Bank Cheque

P.M.EXPRESS reports that the incident happened at the bank’s branch located at Admiralty Way, Lekki area of Lagos.

According to the Police, the suspect, Samson, went to the bank, applied for the loan and it was granted with a condition that he would pay back at a specific period with the interest.

However, when it was time for the repayment of the loan, Samson issued the bank an Access Bank cheque to the tune of the money as means of payment for the loan.

Trouble started when the management of the MicroFinance Bank went to to cash the Cheque and it was discovered that no single money was in the account as claimed by the suspect.

The matter was reported to the Police. Samson was then arrested and detained for interrogation over his conduct and while being interrogated, he admitted that he had no money in the account.

The Police found him culpable and subsequently charged him before the Ogba Magistrates Court for issuing fake bank cheque to the complainant.

He pleaded not guilty when he was arraigned.

The Prosecutor, Supol Akeem Raji, then asked the Court to give a date for hearing since he pleaded not guilty to enable the Police to prove that he actually committed the alleged offence.

The Presiding Magistrate, Mrs. B.O Osunsanmi, granted him bail in the sum of N1m with two sureties in like sum, who must show evidence of means of livelihood and tax payment.

The matter was adjourned till 29th March, 2023, for mention while the defendant was remanded in custody at the Correctional Centre, Kirikiri town, Lagos, pending when he will perfect his bail conditions.