48-Year-Old Estate Agent Nabbed Over Alleged N13m Fraud

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48-Year-Old Estate Agent Nabbed Over Alleged N13m Fraud

Timothy Alonge, a 49-year-old estate agent, was on Friday arraigned before an Ikeja Magistrates’ Court over alleged stealing and obtaining by false pretence, involving the sum of N13 million.

The prosecutor, Inspector Innocent Odugbo, told the court that the defendant, who resides at 4 Laggai Estate, committed the offence on March 8 at Ikeja.

Odugbo said that Alonge approached the complainant, Mr Olufemi Aboderin, concerning the sale of a 3-bedroom bungalow in Ogun State.

The complainant paid the sum of N13 million for the purchase of the property through the defendant’s bank account.

”The defendant refused to show the complainant the building, all efforts to get the money back from him have not yielded result,” the prosecutor said.

He said that the offence contravened sections 287 and 314 of the Criminal Law of Lagos State, 2015.

The defendant pleaded not guilty to the charge.

The Magistrate, Mrs M.F Onamusi, granted him bail in the sum of N600,000 with two sureties in like sum.

Onamusi adjourned the case until Nov. 8 for mention.