Man charged with N6m fraud

A middle-aged man, Fredrick Omorege, has been charged before a Federal High Court in Ado-Ekiti for allegedly defrauding his victims of over N6.7 million.

The police prosecutor, Femi Falade, told the court that the accused obtained the said amount under false pretence between May and August at Isato and Ayedun streets in Ado-Ekiti, Ekiti State.

The charge sheet, read, “That you, Fredrick Omorege, operating under the business name ‘Richardlie Multiglobal Ventures at Isato and Ayedun Street, Ado-Ekiti, under false pretence of being registered by the Corporate Affairs Commission (CAC) as Thrift and Loan Investment Company;

“With intent to defraud, did obtain the total sum of N6,776,500 from Omolade Bunmi, Ojo Abiola, Ige Odunayo, Adeoye Odunayo and others through your agents.”

According to the prosecutor, the accused committed an offence punishable under Section 1(3) of the Advance Fee Fraud and Other Fraud Related Offences Act, 2006.

Justice Taiwo Taiwo, however, granted bail to the accused in the sum of N7million with two sureties in like sum.

“Bail is a right of an accused in a case that is not capital in nature; this case is a bailable offence.

“The accused is to deposit his traveling document with the court’s Registrar in addition to other bail conditions,” Taiwo ordered.

He then adjourned the case to November 29, November 30 and December 1 for definite trial, saying: “no wasting of time for the trial.