N320m Scam: Police Recover Fake Presidency Number Plate From Serial Fraudster
Legit.ng journalist Adekunle Dada has over 7 years of experience covering metro, government policy, and international events
Lagos state - A self-acclaimed Licensed Bureau De Change (BDC) operator, Chinedu Ngwaka and his wife have been arrested for his alleged involvement in a fraudulent scheme worth N320 million.
Ngwaka was arrested by the Special Investigations Team of the anti-fraud Section attached to the Force Criminal Investigations Department (FCID) Annex, Lagos.
Source: Twitter
The public relations officer, FCID Annex, Lagos State, Mayegun Aminat, disclosed this via her X handle, @mayegunAmina on Wednesday, November 27.
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“Further investigation revealed that between March and M 2024, Mr. Unachukwu made payments totaling N320,000,000.00 to Ngwaka and his wife through their company accounts, Edunaco Multiple Resources Limited and Bright Janes World for the procurement of $200,000 USD to facilitate the supply of goods from China. However, additional intelligence uncovered fraudulent documents, including a telex confirmation from Zenith Bank, which purportedly shows the completion of the transactions in two $100,000 USD tranches. The Chinese suppliers confirmed that no such funds were received.”
Mayegun said a Presidency number plate on a Toyota Hilux vehicle, and a fake Identity Card, purportedly issued by the Federal Ministry of Labour and Employment were recovered from the suspect.
The police spokesperson said Ngwaka, along with his co-conspirators, will be charged to court for prosecution upon conclusion of the investigation.
Police Reject N174m Bribe From Internet Fraudster
Meanwhile, Legit.ng reported that operatives of the Lagos state police command rejected the USD 100,000 ((approximately ₦174 million) bribe offer.
Notorious internet fraudster, Patrick Akpoguma, offered the police the money to clear his name of the crime of scamming people.
The 28-year-old fraudster said he went into fraud because he felt he was too intelligent to work for a salary.
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Source: Legit.ng
