IT student docked over alleged N1.4 m fraud
NAN-H-45
Fraud
By Moronke Boboye
Lagos, Nov. 16, 2017(NAN) A 22- year -old man, Joshua Nwaneri, was on Thursday arraigned in an Ikeja Chief Magistrates’ Court over alleged N1.4 million fraud.
The defendant, who resides at No. 32, Obafemi Awolowo St., Ikeja, is facing a three-count charge of fraud, obtaining by false pretext and stealing.
The Prosecutor, Insp. Raji Akeem, told the court that the defendant, an Industrial Training (IT), student, committed the offences between March and October, 2017 in Oshodi, a suburb of Lagos.
Akeem said that the accused, who works with Q Project Company, is a marketer, canvassing costumers for the Bank of Industry.
“The accused was given a form to sell to prospective customers at the rate of N2, 000 each for the people who need loan.
“The accused sold some forms valued at N1.4 million to traders and artisans who needed loan.
“But he failed to remit the money into the company’s account; instead, he absconded with it.
“All efforts made to see the accused proved abortive until he was tracked down by the police and charged to court,’’ he said.
The offences contravened Section 278, 314 and 337 of the Criminal Law of Lagos State, 2015.
The accused, however, pleaded not guilty to the charges.
The Chief Magistrate, Mr T. O. Shomade, granted the accused N1.450 million bail and two sureties in like sum.
He adjourned the case until Dec. 6 for mention. (NAN)
MTO/DEB/OU
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Edited by Obike Ukoh
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