Advertisment

Crime Alert boss lands in EFCC trouble over alleged N35m fraud

Advertisment

The Ibadan Zonal Command of the Economic and Financial Crimes Commission on October 18, 2021 arraigned one Olaniyan Gbenga Amos, aka Crime Alert, and his company, Detorrid Heritage Investment Limited, before Justice Uche Agomoh of the Federal High Court sitting in Ibadan, Oyo State on a 35-count charge bordering on conspiracy, operating business of other financial institutions and obtaining money under false pretense to the tune of N35 million.

The defendant was arrested following petitions by his victims to the Economic and Financial Crimes Commission.

Advertisment

The petitioners alleged that Amos through his company, Detorrid Heritage Investment Nigeria Limited, popularly known as Crime Alert Security Network Investment, induced them to invest in a network scheme that offered a monthly 30 per cent return on investment.

RecommendedReads

One of the counts states: “That you Olaniyan Gbenga Amos and Detorrid Heritage Investment Limited between August, 2019 and May, 2021 at Ibadan, within the jurisdiction of this Honourable Court, without license, operate business of other financial institutions and thereby committed an offence contrary to section 58(1) and punishable under section 59(6) (a and b) of the Banks and Other Financial Institutions Act, Cap B3 Laws of the Federation Nigeria, 2004.”

Advertisment

Count 20 reads: “That you Olaniyan Gbenga Amos and Detorrid Heritage Investment Limited on or about 29th of September, 2020, at Ibadan within the jurisdiction of this Honourable Court, with intent to defraud obtained the sum of N15,000,000:00 (Fifteen Million Naira) only from Fadipe Babajide Ayorinde, when you falsely represented to him that the money is meant for registration and investment with Crime Alert Security Network with a promise of 30% return on investment in 6 weeks (30 working days), which representation you knew to be false and thereby committed an offence contrary to section 1 (I)(a) and punishable under section (3) of the Advance Fee Fraud and Other Fraud Related Offences Act 2016.”

Amos and the company pleaded “not guilty” to the charges.

Advertisment

In view of their plea, the prosecution counsel, Galadanchi Sanusi, asked the court to remand the defendant at the Nigerian Correctional Service and fix a date for trial to commence.

Counsel for the first and second defendants, Richard. A. Ogunwole (SAN), informed the court he has filed an application for the release of his client on bail.

Advertisment

But the court ruled that the application was not ripe for hearing as the further affidavit filed by the defendant was not properly before the Court.

Consequently, Justice Agomoh adjourned till October 25, 2021 “for hearing of bail application” and also ordered that the defendant be remanded at the Nigerian Correctional Centre, Abolongo, Oyo State.

Advertisment
Advertisment

Related Contents

Next Post

Leave a Reply

Your email address will not be published. Required fields are marked *

Welcome Back!

Login to your account below

Retrieve your password

Please enter your username or email address to reset your password.

Add New Playlist

We use cookies to offer you a better browsing experience. If you continue to use this site, you consent to our use of cookies.
We use cookies to offer you a better browsing experience. If you continue to use this site, you consent to our use of cookies.