Two lawyers jailed for N24m fraud in Lagos

The Lagos Zonal Office of the Economic and Financial Crimes Commission said it has secured the conviction and sentencing of two lawyers , Sogo Akinola and Feranmi Akinluyi for their involvement in fraudulent activities.

The EFCC , in a statement by its Head, Media and Publicity , Mr . Wilson Uwujarem , recalled that the convicts were arraigned sometime in October 2018 on three counts bordering on conspiracy , obtaining money by false pretences and stealing to the tune of N 24m .

The two lawyers were convicted and sentenced on Thursday to two years in prison by Justice Oluwatoyin Taiwo of the Special Offences Court sitting in Ikeja, Lagos .

One of the counts read , “ That you , Sogo Akinola and Feranmi Akinluyi, between 13th October , 2016 and 13th November, 2016 at Lagos , within the jurisdiction of this Honourable court , with intent to defraud , obtained the sum of N 24 million from Olawale Oyetunde , under the pretence that the money was part-payment for the purchase of property at 21, Adegbenle Street, Chevy View Estate, off Chevron Drive, Lekki Lagos , which representation you knew to be false and thereby committed an offence contrary to Section 1( 3) of the Advance Fee Fraud and Other Fraud Related Offences Act, No . 14 of 2006. ”

The defendants had pleaded “ not guilty ” to the charge preferred against them , thereby leading to their full trial

The prosecution , through its counsel , Spiff Owede , called five witnesses and tendered several documents that were admitted in evidence by the court .

Delivering her judgment , Justice Taiwo found the defendants guilty of the offence and sentenced them to two years imprisonment each , with an option of fine of N 1m .

  • Related Posts

    N1.3bn fraud: Police to arraign Obanikoro’s son, others Feb 27

    The Federal High Court in Lagos on Friday fixed February 27, 2025, for the arraignment of Gbolahan Obanikoro, the son of Senator Musiliu Obanikoro, and four others for alleged N1,356,057,330.43…

    ALERT: SEC warns against patronising investment schemes from Risevest, Stecs cooperative societies

    The Securities and Exchange Commission (SEC) has warned Nigerians against engaging in any investment-related transactions with two investment platforms. The platforms are Risevest Cooperative Multipurpose Society Limited and Stecs Multipurpose…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    PFIPC: ‘We rejected 3 requests by Adeyemi to host summit’ – Foreign Affairs Minister

    • By admin
    • July 21, 2026
    • 4 views
    PFIPC: ‘We rejected 3 requests by Adeyemi to host summit’ – Foreign Affairs Minister

    Two Nigerians jailed seven years for armed robbery in Kuwait

    • By admin
    • July 21, 2026
    • 4 views
    Two Nigerians jailed seven years for armed robbery in Kuwait

    17 states to experience flooding from July 21 to 27 — Report

    • By admin
    • July 21, 2026
    • 4 views
    17 states to experience flooding from July 21 to 27 — Report

    We Didn’t Allocate Office Space Or Deploy Staff To ‘PFIPC’, Says Head Of Service

    • By admin
    • July 21, 2026
    • 5 views
    We Didn’t Allocate Office Space Or Deploy Staff To ‘PFIPC’, Says Head Of Service

    Two Accounts Opened For ‘PFIPC’ Recorded Zero Inflows, Remittances – CBN Director

    • By admin
    • July 21, 2026
    • 10 views
    Two Accounts Opened For ‘PFIPC’ Recorded Zero Inflows, Remittances – CBN Director

    CBN Retains Interest Rate At 26.5%, Raises Concerns Over Heightened ‘Global Uncertainties’

    • By admin
    • July 21, 2026
    • 6 views
    CBN Retains Interest Rate At 26.5%, Raises Concerns Over Heightened ‘Global Uncertainties’