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How I Lost N2 Million Due to an Investment Scam – Businesswoman

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Omotola Oyewole, a businesswoman, told an Ogba Magistrate’s Court how she lost N2m in an investment scam.

 ....KINDLY READ THE FULL STORY HERE▶

 

On Monday, Oyewole testified in the trial of a defendant, Abayomi Owolabi, before Magistrate L.A. Owolabi.

 

 

It was learned that the complainant and Abayomi were friends prior to the event in June 2022.

 

 

“He (Abayomi) said he was an investment banker with Multibank Group,” Oyewole said.
I would overhear him having phone chats with folks about their returns.
He would also try to persuade others to invest from time to time.
He would encourage me to invest as well, but I was apprehensive at first.
However, anytime I was with him, he would receive calls and discuss the investment.
“I later transferred N2 million to him.”
I initially gave him some on June 6, 2022, and then again on June 9.
He stated that dividends would be paid on the fifth of each month, beginning the next month.
On June 30, I asked him about the dividends, and he told me not to worry.
But he has subsequently ignored me, ceased communicating to me, and even stopped answering my phone calls.”

 

 

According to the woman, the defendant eventually returned his call on July 4 and informed her that she might not receive any returns on her investment.

 

 

“When he eventually chose on July 4, he advised me to double-check the MoU because I might not get any ROI.”

“I went to a police station when I saw that he wasn’t forthcoming. They invited him and when he got there, he was talking with so much pride. They asked me what I wanted and I said he should write an undertaking on when he would pay me. He wrote an undertaking to pay back on August 26, but he didn’t pay. I went back to the station but I felt that I wouldn’t get justice in that station. So, I went to the state police command and they invited him,” she added.

In his defence, Abayomi told the court that he also lost his money to the scheme, adding that he had paid the sum of N1,050,000 since the invitation by the police.

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Crime

“SHE DIED IN HIS ARMS!” – ENUGU MAN ARRESTED IN SHOCKING ALLEGED MURDER OF HIS GIRLFRIEND.

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The Enugu State Police Command has arrested 30-year-old Okpara Emmanuel in connection with the alleged murder of his girlfriend, Chinyere.....KINDLY READ THE FULL STORY HERE▶

The suspect, a resident of Olympic Layout, One-Day, Enugu, was apprehended by operatives from the Awkunanaw Police Division after being rescued from an angry mob.

Key details of the tragic incident include:

  • Discovery of the Crime: According to police spokesperson SP Daniel Ndukwe, Emmanuel allegedly killed Chinyere on September 19 following an argument. He then wrapped her body in nylon and concealed it inside his apartment’s toilet.

  • Neighbours’ Intervention: The decomposing body’s foul odour eventually alerted neighbours, who forced their way into the apartment and detained the suspect before authorities arrived.

  • Suspect’s Confession: During preliminary interrogations, Emmanuel reportedly confessed that the fatal dispute stemmed from an argument over who infected each other with HIV, during which he allegedly struck her on the head with a pestle.

  • Next Steps: The victim’s remains have been moved to a mortuary for an autopsy and preservation, while the State Criminal Investigation Department—under the directive of Commissioner of Police Mamman Bitrus Giwa—has launched a full investigation for prosecution.

  • Police Advice: Authorities have urged members of the public, especially young women, to exercise caution and always inform trusted friends or family of their whereabouts when visiting others.

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Crime

Disguised Evil: Police Nab ‘Fake Okada Rider’ Terrorizing Bauchi In Shocking Spree Of Kidnapping, Rape, And Robbery!.

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The Bauchi State Police Command has apprehended a 53-year-old resident of Igbo Quarters, Bauchi, named Gambo Hassan (also known as “Anahaka”), on allegations of involvement in kidnapping, rape, armed robbery, and the unlawful possession of weapons within the Bauchi metropolis.....KINDLY READ THE FULL STORY HERE▶

Operatives from the ‘B’ Division, GRA, arrested Hassan around 8:45 p.m. on September 11, 2026, during a routine patrol on Adamu Jumba Road. According to police reports, the suspect allegedly operated as a fake commercial motorcyclist during evening hours to prey on vulnerable passengers, particularly women. At the time of his arrest, he was riding a Bajaj motorcycle (registration number BAU 150G), wearing a fez cap and a black face mask, and was found in possession of a sharp knife.

Initial interrogation led the suspect to identify 15 women as victims of his alleged crimes, a number that police stated later rose to 35. Following these confessions, detectives executed a search warrant at his home and recovered numerous items believed to be proceeds of crime, including:

  • 15 assorted mobile phones

  • 3 power banks

  • 6 women’s wristwatches

  • 6 assorted native caps

  • 5 bundles of women’s wrappers

  • 3 women’s hijabs

  • ₦425,435 in cash, alongside Turkish and Kenyan currency notes

The suspect and all recovered exhibits have been moved to the State Criminal Investigation Department (SCID) in Bauchi for further investigation and prosecution.

State Commissioner of Police Sani-Omolori Aliyu praised the officers for their vigilance, while the command’s spokesperson, SP Nafiu Habib, encouraged anyone who may have fallen victim to the suspect to come forward with information to support the ongoing investigation.

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Crime

CRIME TSUNAMI: Kidnappers Pocket A Staggering ₦7.7 Billion Across The Country In Mind-Blowing Report!.

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A report by SBM Intelligence titled Economics of Nigeria’s Kidnap Industry 2026 reveals that kidnappers across Nigeria amassed a staggering ₦7.779 billion in ransoms between July 2025 and June 2026, which accounts for 34 percent of the total ₦22.856 billion demanded during that timeframe. Although total demands decreased from the previous cycle’s ₦48 billion (which was inflated by a massive ₦30 billion demand in Delta State), the proportion of actual ransom collected surged dramatically compared to the prior period’s 5.35 percent. This year’s record payments were heavily propelled by large-scale mass abductions capable of holding hundreds of victims under intense pressure.....KINDLY READ THE FULL STORY HERE▶

Terrorist and insurgent factions dominated the collections, with the JAS faction and its affiliates raking in roughly ₦7 billion—accounting for about 90 percent of nationwide ransom payouts. This total was driven primarily by two massive incidents:

  • A ₦5 billion ransom reportedly paid following the April 2026 abduction of 416 people in Ngoshe, Borno State, led by commander Ali Ngulde, marking the largest single ransom payment in SBM’s database.

  • An estimated ₦2 billion payout following the November 2025 kidnapping of 315 pupils and staff members from St Mary’s School in Papiri, Niger State.

Beyond these major terrorist-linked factions, unaffiliated kidnappers and bandits collected ₦719.4 million (about nine percent of total payments), while the Islamic State West Africa Province (ISWAP) secured ₦53 million.

Geographically, Kwara State registered the highest ransom demands at ₦7.375 billion (32.3 percent of the national total, largely driven by a ₦3.52 billion demand linked to Boko Haram activity around Woro and Wawa), followed by Borno at ₦5.698 billion and Kaduna at ₦1.459 billion. However, when looking at actual payouts, Borno led the country with ₦5.0545 billion collected, trailed by Niger (₦2 billion), Kwara (₦278.3 million), Kaduna (₦64 million), and Sokoto (₦58 million), with these five states alone accounting for 95.8 percent of nationwide ransom collections. Conversely, states like Kebbi, Abia, Akwa Ibom, Sokoto, and Imo saw much lower demands, and minimal payouts—such as ₦70,000 in Cross River or ₦100,000 in Bauchi—often represented token settlements or arrangements finalized with supplies and food rather than large cash sums.

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