IBADAN – The Oyo State Police Command on Thursday, October 7, 2020 said it has arrested no fewer than eight suspected fraudsters who have been defrauding some members of the public of their hard-earn money.
The suspects were arrested for defrauding some members of the public through a money-doubling Ponzi scheme in Igboho, in Oke Ogun area of Oyo state.
The suspects, it was learnt were later arrested in Badagry area of Lagos State where they had opened another office.
Commissioner of Police, Mr. Joe Enwonwu who paraded the suspects during a Press Conference in Ibadan, the state capital, added that the sum of Two Hundred and Give Thousand Naira only was recovered from the eight suspects.
The suspects are Oyejobi Kola, Adisa Olayinka, Ridwan Adebayo, Damoka Ademuyiwa, Dada Adisa, Romoke Oladipupo, Adegbola Eniola and Damilola Adejumo.
Enwonwu said, “Sometimes in August 2020, some members of a notorious gang of fraudsters who specialized in swindling members of the public through money-doubling Ponzi scheme stormed Igboho town and induced many unsuspecting members of the public to part with huge amounts of money amounting to Two Million, Seven Hundred Thousand Naira (N2,700,000.00) by introducing them to a scheme they termed “Social Economic Development Programme.
“The fraudsters who operated under the name and style of Noble City Global Concept induced the unsuspecting members of the town to part with their money under the pretext that they will receive in multiple folds within forty eight hours of any amount they invested.
“However, as soon as they received the money from their victims, they disappeared into thin air and all efforts to reach them proved abortive.
“A team of SARS operatives swung into action and after discreet investigation, members of the criminal syndicate were arrested in Badagry area of Lagos State where they had opened another office and swindled so many other members of the public and they confessed to the crime”.
Enwonwu also added that ten armed robbers and criminal receivers were arrested in connection with various criminal incidents in the state.
The suspected criminals included Divine Chinedu and Oluwasola Adewumi who were arrested with a Ford Escape Jeep which was allegedly snatched from the owner.
Others are; Jimoh Yahy and Jimoh Lukman who were arrested with other
six other criminalsin in connection with robbery incidents in Saki town.
Enwonwu said that one jeep was recovered from both Chinedu and Adewumi,
while one locally made gun, two live cartridges, nine cell phones and
sim cardsand ATM cards were collected from Yahaya and Lukman.
“On 29th September 2020, at about 2130hrs, information was received at SARS office, Dugbe, Ibadan that the kingpin of a notorious gang of armed robbers who specialized in snatching exotic cars from members of the public was sighted at Liberty Stadium area of Ibadan where he sold onestolen Ford Escape Jeep with registration number YAB 812 EB to his receiver”, Enwonwu posited
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