LAGOS, Nigeria (VOICE OF NAIJA)- A court sitting in Ikeja, Lagos, has arraigned one Decker Oluwatosin for scamming and collecting $2,450 (almost N2million) under false pretense for one Larry Emedo from his brother in Italy.
Oluwatosin, a known crypto trader in his area, was reportedly contacted to receive money on behalf of Emedo, from his brother in Italy.
The suspect had sent his Binance details and received the sum of 2,450 USD equivalent cash sum of N1.8m but had refused to surrender the money, giving Mr Emedo several excuses.
According to the complainant, he had threatened to silence him if he continued to request for his money.
The defendant was arrested and arraigned before Magistrate F.A Ameen facing two count charge bordering on stealing and obtaining under force pretense.
The Charge reads in part: “That you Decker Oluwatosin “m” on the 4th of April, 2023 at about 1300hrs at Ipaja area in the Ikeja Magisterial district did obtain 2, 450 dollars through your binance bitcoin wallet, sent to one Larry Emedo “M” by his brother in Italy, with false pretence that you would pay him in equivalent cash sum of N1.8m (One Million Eight Hundred Thousand Naira) only and thereby committed an offence contrary to and punishable under sec.314 of the criminal law of Lagos State of Nigeria 2015.
The Defense Counsel, Mr. John Ogbughi prayed the court to give a lenient and liberal bail term as the claimed the defendant had surrender his car and was also making efforts to refund the money.
Magistrate Ameen granted the defendant bail of N500,000 with two sureties, with both sureties gainfully employed and one, a blood relation of the defendant.
The case was adjourned till 11 May, 2023 for mention.