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Friday, March 15, 2019

Estate Agent Defrauds 125 Persons Of N25m In Lagos

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An Ebute-Meta Magistrate Court has ordered the remand of a 39-year-old estate agent, Ibrahim Ayinde, for allegedly defrauding 125 persons under the pretence of providing them with apartments.

The presiding magistrate, Mrs O. A. Olagbende, however, ruled that the accused person should be remanded in Ikoyi prison for a week for failing to carry out court order.

Ayinde is answering questions on 125 count charge bordering on conspiracy and stealing.

He, however, denied the charge preferred against him by the Lagos State Government.


According to the Police prosecutor, Mrs Clara Olagbayi, the defendant committed the offence at Agege, a suburb area in Lagos between May and July, 2017.

The prosecutor further informed the court that Ayinde collected N25 million from 125 people for a 14-flat in Agege.

Trouble started when the unsuspecting victims started bringing in their belongings after paying fully for the apartment and they met other persons there despite the fact that they were given a complete set of key to the house.

At the resumption of the proceedings, the defendant whose lawyer was absent in court informed the Magistrate that he has not carried out the court’s order because he got it late.

Magistrate Olagbende had earlier ordered that the defendant should evict the tenants in the house pending the conclusion of the matter in court, an order he had failed to obey. The Magistrate, who was not pleased with the defendant excuses, ordered his remand in Ikoyi prison custody for a week, after wish he will carry out the court order.

While pleading for mercy, Ayinde said he has started paying some of the complaints and he will finish paying them by May, 2019.

The magistrate, however, disagree with him, insisting that he spend a week in Ikoyi prison and “when you return, you will go and evict the tenants currently living in the house as ordered by the court.”

She, thereafter, adjourned the matter till Thursday, April 11.

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