LAGOS COURT JAILS NOGASA CHAIR, FATUYI PHILLIPS 21 YEARS FOR N43. 5M FRAUD. (PHOTO). #PRESS RELEASE

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 Lagos Court Jails NOGASA Chair, Fatuyi Phillips 21 Years  for N43.5m Fraud    Justice Mojisola Dada of the Special Offences Court sitting in Ikeja, Lagos, on Monday, November 18, 2024, convicted and sentenced Fatuyi Yemi Philips, Chairman, Natural Oil and Gas Suppliers Association of Nigeria, NOGASA, to 21 years imprisonment for N43.5m fraud.   The Lagos Zonal Directorate of the Economic and Financial Crimes Commission, EFCC, on April 5, 2022, arraigned Philips alongside his firm, Oceanview Oil and Gas Limited, on a two-count charge bordering on obtaining money by false pretence to the tune of N43, 502,000.00   Count one reads: "Fatuyi Yemi Philips and Oceanview Oil and Gas Nigeria Limited, on or about the 28th day of September, 2016 at Lagos, within the jurisdiction of this Honourable Court, with intent to defraud, obtained the aggregate sum of N43, 502,000.00 from Elochukwu Okoye and Elebana Unique Ventures Nigeria Limited on behalf of WAPCIL Nigeria Limited under the false rep

EFCC ARRESTED 13 SUSPECTED INTERNET FRAUDSTERS IN LAGOS.{PHOTOS}.

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      The Economic and Financial Crimes Commission, EFCC, Lagos zonal office, has arrested 13 suspected Internet fraudsters for conspiracy, possession of fraudulent documents and obtaining money under false pretence.
The suspects are- Badejo Tobi; Abiola Dimeji; Anthony Godwin; Osoba Adeboye; Adeleken Abiodun and Awokoya Oriyomi Yusuf.Others are: Oyatayo Ismail; Coffie Meschark; Sylvester Amaddin; Olawale Farouk; Adeniran Tolani; Taiwo Michael and OyekanmiAyodeji.They were arrested on Saturday, December 16, 2017 in some parts of Lagos and Ogun States, following intelligence report received by the Commission about their activities.The suspects allegedly confessed to be involved in phishing, love scam, forgery, spoofing and business email compromise, among other offences.Phishing is an attempt to obtain sensitive information such as usernames, passwords and credit card details (and money), often for malicious reasons, by disguising as a trustworthy entity in an electronic communication.Spoofing, on the other hand, is a type of scam where an intruder attempts to gain unauthorized access to a user's system or information by pretending to be the user. Some of the suspects, who live flamboyantly without any known sources of income, were said to have bought houses and exotic cars from the proceeds of their criminal activities. They were allegedly found to be in possession of forged contract papers of multinational oil and gas companies, banks’ instruments and forged data page of international passports of foreign nationals, among other documents.Other items recovered from the suspects included laptops, flash drives, modems, one Range Rover SUV, one Toyota Highlander, Two Toyota Corolla and one Toyota Camry.The suspects will soon be charged to court as soon as investigations are concluded.More photos below.
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