Sponsored
Crime

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

Sponsored
Sponsored
MICHAEL AKINOLA
A 55-year old man, Ibekwe Samson, has been arrested in Lagos State for allegedly swindling Rich Way MicroFinance Bank by issuing a N10m fake cheque for the loan he got from the bank and it turned to be a scam.
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.
Sponsored
Alinnor Arinze

Recent Posts

Ofada Community Appreciates Senator Yayi Over Provision Of Electricity Transformer

Residents of Ofada in Ogun State have expressed appreciation to Senator Solomon Olamilekan Adeola Yayi,…

3 hours ago

Ikeja Local Govt Takes Campaign Against Domestic Violence To The Streets

Ikeja Local Government has intensified its fight against domestic violence with a sensitisation walk organised…

5 hours ago

“Brown Envelope” Key For Journalists Survival In Nigeria?

CYRIACUS IZUEKWE  The phrase “brown envelope” is widely understood in Nigerian newsrooms. It refers to…

7 hours ago

Tegbe: Africa Isn’t At The Margins of Energy Geopolitics, It’s The Fulcrum

The Honourable Minister of Power, Joseph Tegbe, on Tuesday noted that Nigeria’s power reforms offer…

7 hours ago

Community Is King In The Land Of Influencer Marketing

UGOCHUKWU UGWUANYI  A social media personality has 2 million passive followers, while the other has 50K followers who…

7 hours ago

President Tinubu Congratulates Governor Dauda Lawal On His Birthday

President Bola Tinubu congratulates Dr Dauda Lawal, Governor of Zamfara State, on his birthday on…

8 hours ago
Sponsored