62-yr old man arraigned over N9.2m fraud

A 62-year old man, Mr Patrick Lawrence, was yesterday arraigned before an Igbosere Magistrate Court in Lagos over alleged N9.2 million fraud.

The accused, of No. 1, Allan Balogun Street, Agungi, Lekki, was arraigned on a two-count charge of fraud and theft.

According to the prosecutor, Insp. Stephen Molo, the accused committed the alleged offence between Dec. 21, 2012 and March 22 at  the stated address.

Molo told the court that the accused, with intent to defraud, obtained the sum of N9.2 million from one Mr Folorunsho Ogunwale.

“The accused obtained the sum with the pretext of selling a half plot of land to him, a representation he knew to be false,” Molo said.

Molo pointed out that the accused was also alleged of dishonestly converting the sum to his personal use.

He noted that the alleged offence contravened Sections 285 and 409 of the Criminal Laws of Lagos State, 2011.

However when the plea of the accused was taken before Magistrate F.O. Aigbokhaevbo, he pleaded not guilty.

The magistrate granted him bail in the sum of N200, 000 with two sureties in like sum, as she adjourned the case to June 11 for mention.