62-year-old marketer charged over N21m fraud

62-year-old marketer charged over N21m fraud

A marketer John James who allegedly impersonated as a dispatched delivery man of Oxford Hydrocarbon ltd company and forged transfer of funds instruction from the Ecobank Plc account number of the company to transfer the sum of N21million, to a zenith bank account was on Thursday charged before an Igbosere Magistrate’s Court Lagos.

Read also: Police docked surety for aiding female suspect to escape

The defendant ‎who is 62 year old and resides at 23b, Anuoluwapo Street in Egbe area of Lagos, is standing trial on a four count charge of conspiracy, forgery, impersonation and attempted fraud preferred against him by the police.

James pleaded not guilty to the offence.

Magistrate Mrs. O. O Oshin granted him bail in the sum of N500,000, with two sureties in like sum.

Stating that one of the sureties must be a civil servant of level 12, show evidence of tax clearance and addresses to be verified.

Earlier the prosecutor Sergeant Cyriacus Osuji had told the court that the defendant conspired with others at large to commit the alleged offences.

He said that the incident occurred on April 11, 2017, at about 10:30 am at Ecobank Plc in Lagos.

Osuji also said that James forged transfer of funds instruction of Oxford Hydrocarbon Ltd company account holder of Ecobank and transferred the sum of N21million to Zenith bank account.

He further stated that the defendant impersonated as a dispatched ‎rider of Oxford Hydrocarbon ltd company which he is not.

The prosecutor said that the defendant also attempted to defraud the company‎ of the said sum above.

According to him, the offences committed is punishable under sections 409, 361 (b),criminal law of 2011 and 318 of the criminal law of Lagos state 2012‎.

‎It is also punishable under section 404 of the criminal law of Lagos state 2011.

However after taking the plea of the defendant, Magistrate Oshin, adjourned the case till May 10, for mention.

Email *

Related Articles

Police arraign fake NNPC staff over alleged $100,000 fraud

A suspected fraudster, Akeem Sulaiman Olaitan has been arraigned before a Federal High Court in Lagos by the Special Fraud

London police invited to arrest journalist, who wanted to interview Buhari

On Sunday, London correspondent of The Guardian Newspaper, Tunde Oyedoyin, escaped arrest at the Abuja House in London where President

FirstNation fined over safety rule violation

FirstNation Airline has been slammed a fine of N33.5 million by Nigerian Civil Aviation Authority (NCAA) over alleged violation of


Related Posts

Doctor who amputated baby's hand while in mother's womb faces investigation
Dr. Jamilu Muhammad of Martha Bamaiyi General Hospital, Zuru, Kebbi State, who amputated the hand of a baby girl while she was still in her mothe...
Bobrisky is a fine Nigerian - KWAM 1
Fuji star King Wasiu Ayinde Marshal, KWAM 1, has described popular transvestite, Idris Okuneye aka Bobrisky, as "a fine Nigerian". KWAM 1, who...
Soyinka calls for boycott of meats over herdsmen
Nobel laureate Wole Soyinka has called on Nigerians to stay off meats for a day to send a message to the leaders to resolve the issues of Fulani ...
powered by RelatedPosts