LOCAL NEWS

N.8 million fraud: Money-doubler Omobasemota Bags One Year

N.8 million fraud: Money-doubler Omobasemota Bags One Year
N.8 million fraud: Money-doubler Omobasemota Bags One Year

The Economic and Financial Crimes Commission, EFCC, Uyo Zonal Office, has secured the conviction of a self-acclaimed money-doubler, Joshua Omobasemota, on a 28-count charge bordering on obtaining money by false pretence.

He was found guilty of the charges after Justice A.A.Okeke of a Federal High Court sitting in Uyo, Akwa Ibom State held that a prima facie case was established against him by the EFCC.

Omobasemota, who was first arraigned on March 21, 2018, had pleaded “not guilty”, but one year into his trial, he decided to change his plea to “guilty”.

The trial judge subsequently sentenced him to one year in prison, on each of the count, without an option of fine, to run concurrently from the date of his arrest.

Joshua’s journey to prison began when his victims, numbering 50 petitioned the EFCC and explained how Omobasemota defrauded them to the tune of over N800, 000 (Eight Hundred Thousand Naira).

According to the petitioners, the convicted fraudster approached them to invest in a money doubling scheme, under the guise that he was a representative of Dangote company in the South-South, in charge of a social responsibility scheme that creates wealth and doubles savings using Global Divine Rich Resources Nigeria.

But that was not to be, as the convict immediately disappeared into thin air after collecting so much money from his unsuspecting victims. He was later apprehended by the EFCC.

However, the prayer of the prosecuting counsel, Kanu Ukoha, asking the court to make the convict restitute the nominal complainants who suffered financial losses, was not granted by the court.

Related posts

David Adeleke confirms he has joined politics, names Wike godfather

yellowdanfo

80 Nigerians: FG to issue an executive order on FBI list– Presidency

yellowdanfo

Wike to drag Army GOC to ICC over alleged killings in Rivers State

yellowdanfo

Alex Okoh: Buhari Renews BPE DG’s Term For A 2nd Term

yellowdanfo

Oxford/AstraZeneca: Nigeria Receive First Batch Of Vaccine

yellowdanfo

Kelechi Iheanacho Wins EPL Player Of The Month Award

yellowdanfo

Miss Universe 2021: Maristella Okpala Leaves For Israel

yellowdanfo

Toke Makinwa goes on a bikini photo posting spree for her birthday

yellowdanfo

Governor Wike calls for unity amongst Christians for growth 

yellowdanfo

PHOTO: Funke Akindele And Husband JJC Cute Couple Photos

yellowdanfo

Leave a Comment