EFCC Arraigns Man for Alleged N600m, $50,000.00 Investment Fraud in Lagos The Lagos Directorate of the Economic and Financial Crimes Commission, EFCC, on Monday, August 19, 2024, arraigned one Ayodele Toyosi for an alleged investment fraud before Justice A.M. Lawal of the Lagos State High Court sitting in Ikeja. The defendant was arraigned alongside his companies, Reaprite Global Limited and Agrorite Limited, on an 11-count charge bordering on obtaining by false pretence and stealing to the tune of N600,150,000,00( Six Hundred Million, One Hundred and Fifty Thousand Naira only) and $50,000.00( Fifty Thousand United States Dollars). Investigation revealed that the defendant allegedly defrauded a number of persons on the pretence that he had an interest-yielding investment in agricultural export. One of the counts reads: “That you, Ayodele Toyosi, Reaprite Global Limited and Agrorite Limited, sometime in June 2023 in Lagos, within the jurisdiction of this Honourable Court, dishonest...