EFCC Arrest Nigeria Most Wanted Fraudster,Recovers Exotic Cars And Hotel (PHOTOS)

A suspected fraudster, Idowu Olarenwaju, alias Capt Anthony Abel Saramoh, has been arrested by operatives of the Economic and Financial Crimes Commission, EFCC for defrauding an American Citizen of the sum of Four Million dollar ($4,000,000) through his company, Total Intership Nigeria Limited.

The heist was earned through a phony crude oil contracts with the victim, wiring the said amount into the account of Total Intership Nigeria Limited ostensibly for the supply of crude oil. The bubble burst after the victim was left clutching the air, in an exasperating wait that ended with a petition to the EFCC.

Olarenwaju's Hotel Built With Fraud Money
One Joe Onwudimowei, an accomplice who operates the account of Total Intership Nigeria Limited with Guaranty Trust Bank (GTB) where the proceeds of the said fake contract was deposited, was arrested on 18th June, 2015 and upon interrogation, manipulated Idowu Olanrewaju and one Otunba Yemi Osho as the people he handed over all monies that passed through the account.

On the 19th of June, 2015, the duo of Idowu Olanrewaju and Yemi Osho were arrested following a dawn raid on their homes by operatives of the EFCC.
According to Onwudimowei, Olanrewaju sometime in 2010, instructed him to withdraw the sum of Three Million, Five Hundred Thousand Naira (N3, 500, 000.00) for Chief Yemi Osho. Osho, he claimed, in turn handed over the money to two people sent to him by Olarenwaju.

This singular involvement of Osho was what made Olanrewaju confess to the fraud as he had initially denied knowing Onwudimowei. When Olanrewaju was confronted with the testimony of Osho, sources at the EFCC disclosed that he was speechless and began to plead for mercy.
Olanrewaju who does not have any reasonable source of income was discovered to have several properties in Port Harcourt, Rivers State and a 44 rooms hotel in Ado Ekiti, Ekiti State. Also recovered from were a number of exotic cars including, a 2014 Range Rover, 2013 Honda Crosstour, 2013 Range Evogue and Honda CRV.
Spokesman of the EFCC, Wilson Uwujaren says the suspect will be charged to court as soon as investigation is concluded.

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Posted: at 13-08-2015 12:59 PM (8 years ago) | Gistmaniac

Another foriegner  sending millions to buy our crude oil. Nothing wrong with that - after all, when our oil is sold by the government to foriegners for trillions, the lives of the ordinary citizens of Nigeria is not transformed for the better!

What I am against is Nigeria being given a bad name by fraudsters.

Posted: at 13-08-2015 01:30 PM (8 years ago) | Gistmaniac

Hmmmmm.....what shall it profit a man to gain all the whole world and eventually loose his/her life..U See,All is vanity!!!

Posted: at 13-08-2015 01:46 PM (8 years ago) | Gistmaniac

Chei! U should have stopped, nd manage ur Hotel business, unsatisfied human wants.. Well bail urself with some cool moni. Gudluck to u.

Posted: at 13-08-2015 02:09 PM (8 years ago) | Upcoming

There are many of them including those that eloped or absconded prosecutions abroad/in foreign lands for all kinds of criminal activities. They run back home only to be admitted into the already corrupt political mainstream. One wonders if at all NIgeria has the measurement and ckecklist of integrity before qualification for political office. If anybody registers his/her interest in running for an office, please check their background record; don't accept sugar-coated image, flamboyance or riches as qualification. Then again corruption will still mer the attempt if so established. Which way Nigeria?

Posted: at 13-08-2015 02:33 PM (8 years ago) | Gistmaniac

If God was man....He would've ceased Oxygen supply to Nigeria.........the news about this country is never edifying.

Posted: at 13-08-2015 02:38 PM (8 years ago) | Hero

Wahala

Posted: at 13-08-2015 03:54 PM (8 years ago) | Gistmaniac

Guy man hahhahahahah

Posted: at 13-08-2015 03:58 PM (8 years ago) | Hero

so other tribes are involved in fraudes too?.
i thought its only the IGBOS that are spoiling the image of the country.

Posted: at 13-08-2015 04:06 PM (8 years ago) | Gistmaniac

 

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Posted: at 13-08-2015 05:08 PM (8 years ago) | Hero