EFCC ARRAIGNS ONE FOR N700M FRAUD IN LAGOS . (PHOTO).#PRESS RELEASE

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 EFCC Arraigns One for  N700m Fraud in Lagos  The Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission, EFCC, on Friday, September 4, 2026, arraigned Osaretin Osagiede before Justice Olukayode Ogunjobi of the Lagos State High Court sitting in Ikeja,  over an alleged N700 million fraud. Osagiede is standing trial on a three-count charge bordering on unauthorised access to computer material and receiving stolen property to the tune of N700 million.  Count one reads: “That you Osaretin Osagiede and Zacharia Lorshe (at large), between March, 2025 and January 2026, in Lagos, within the jurisdiction of this Honourable Court, intentionally caused the Ravenpay user accounts' two-factor authentication (2FA) method to be bypassed, with the intent to secure unauthorised access to the bank's data and committed an offence contrary to Section 387 of the Criminal Law of Lagos State 2011. Another counts reads: “That you Osaretin Osagiede and Zacharia Lorshe...
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"ANYONE WITH USEFUL INFORMATION ABOUT THIS MAN WITH TIKTOK HANDLE @ONE_BOR 001, WILL BE REWARDED HANDSOMELY.HE IS THE ONE THAT MADE A VIDEO SAYING THAT OUR FATHER CHIEF PETE EDOCHIE IS DEAD."- LEO EDOCHIE, CHIEF PETE EDOCHIE'S FIRST SON.(PHOTO).

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 "Anyone with useful information about this man with tiktok handle @ONE_BOR 001, Will be rewarded handsomely.He is the one that made a video saying that our father Chief Pete Edochie is dead."- Leo Edochie, Chief Pete Edochie's first son.


Recall that a few days ago, a very disturbing rumour broke out about chief Pete Edochie.


Today, the first Son Leo Edochie has identified the young man who first made a video that alleged that Pete Edochie is dead.


Leo has promised to reward anyone with useful information about the said man.


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