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Online Car Dealer Nabbed For Fraud

An online businessman who sells cars via the internet has been arraigned before a Lagos State magistrates’ Court for allegedly obtaining the sum of N5m (five million Naira) from one Ikenna Ezeoka in the bid to sell two cars to him on the internet but instead he allegedly converted the money to his personal use.

Police prosecutor, Inspector Adoga Amedu informed the court in charge C/22/2016 that the accused committed the offence in 2013 at 17, Abbi Street, Mende, Maryland, Lagos where the accused collected the sum of N5m from the complainant to sell one Ford Explorer jeep and one Range Rover SUV for him through the internet but that after collecting the money, the accused converted it to his personal use and failed to produce the cars.

The accused however denied the allegations in court and the Chief Magistrate, Mrs A Komolafe admitted him to bail in the sum of N500,000 with two sureties in like sum.

Komolafe adjourned the case till 24 May 2016 for mention while the defendant was remanded to Ikoyi prison pending the fulfillment of his bail conditions.

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