Seun Egbegbe arrested for attempted forex fraud

Popular Yoruba film producer, Seun Egbegbe, was yesterday arrested for an alleged N10 million fraud. This is happening barely two months after he was arrested and remanded in Kirikiri Prisons for alleged N2.4 million phone theft.
Egbegbe was arrested after he allegedly attempted to defraud a Bureau De Change (BDC) operator of N10 million at the Gbagada area of Lagos.
According to an eyewitness who pleaded anonymity, the Ebony Productions boss was said to have gone to the BDCs with his cronies intending to change some dollars into naira.
Egbegbe, who is currently in police custody, attempted to swindle the BDC operators, who raised the alarm and he was thoroughly beaten by other operators before he was whisked away by the police.
It was gathered that the Egbegbe told the BDC operators that he was a medical doctor at the Gbagada General Hospital, so they can come to his office afterwards and collect the dollar equivalent of N10 million.
The operator who wasn’t convinced by his claim told him to identify himself, this he failed to do, thus compelling the operator to raise an alarm.
Less than two months ago, Egbegbe was arrested and detained by the police at Ikeja Police Division for allegedly stealing nine iPhone 6s valued at N2.4 million from one Kaaltex Innovation Consultancy at Computer Village, Ikeja.
For that offence, he was arraigned at the Ikeja Magistrate Court on a one-count charge of stealing, which violates section 278 of the Criminal Law of Lagos State, 2011.
Although the movie producer pleaded not guilty to the charge, he was granted bail in the sum of N1 million and two sureties in like sum by the court, after which he was whisked away to Kirikiri Minimum Prisons.
Upon his release from prison, Egbegbe was said to have flown to Malaysia in December for vacation, with plans to come back before February 18, 2017, when his case will be heard again in court.
Apparently, Egbegbe changed his mind and decided to return before the scheduled date, only to be involved in another criminal scandal about two weeks before his next court appearance.
Dolapo Badmos, Lagos state Police Public Relations Officer, confirmed his arrest to newsmen while stressing that investigation is ongoing.
According to a statement released yesterday by the Lagos state police command on Seun Egbegbe’s arrest, it reads:
“Arrest Of Notorious Fraudsters”
Today at about 1300hrs one Seun Karim aka Egbegbe and one Ayo Oyekan disguise as the MD of Gbagada general hospital and the other as a patient.
They lured one Alhaji Isa Adamu and Abdullahi Haruna both bureau de change members, from different location that they needed 9000dollars and 3000pounds.
The unsuspecting victims brought same to the suspects at the hospital where they collected the said amount and attempted to escape with the money.
The victims raised alarm and subsequently the suspect were arrested by the policemen attached to the hospital.
Further to the arrest of the fraudsters many members of bureau de change are trooping to the office with similar complaint against the suspects.
Case is under investigation.”
-Funmilola Olukomaiya
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