EFCC Arrests Two For N1.5m Fraud

The Economic and Financial Crimes Commission, EFCC, has arrested two suspected fraudsters, John Onos Zino and Festus Otoigiahae, for N1.5m (One Million, Five Hundred Thousand Naira) fraud.

Their arrest on Thursday, May 25, 2015 in Lagos followed a petition written by one Victor Adoji, an employee of Zenith Bank Plc, to the Commission.

Zino, a 63-year-old property developer, had allegedly approached the complainant, Adoji, claiming to be a lawyer with the Commission.
Zino, who hails from Delta State, also allegedly told Adoji that he could help him “kill” a petition written against him by the second suspect, Otoigiahae, about his suspicious lifestyle, if he could pay the sum of N1.5m

Investigation revealed that Otoigiahae, who had worked as a driver for the complainant, was introduced to Zino by one Chika, a member of his (Otoigiahae) church.

Thereafter, the complainant allegedly agreed to pay the sum of N1.5m to Zino to enable him “kill” the petition before the Commission.

However, the complainant, who suspected a foul play, approached Commission about his encounter with Zino, where he was advised to play along.

Consequently, the complainant allegedly arranged a meeting with the first suspect, Zino, to give him the sum of N1m as part payment.

Operatives of the EFCC, however, swooped on the first suspect, Zino in a sting operation.

The suspects will be charged to court after investigations are concluded.

#Fraud #Crime #EFCC #FightingCorruption

Greed is bad