Greedy Graduate Defrauds 80yrs Old Business Woman N2.7m - Leystradamus.Com.Ng

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Friday, April 8, 2016

Greedy Graduate Defrauds 80yrs Old Business Woman N2.7m

34-year-old Ayo Ibikunle [pictured above], who swindled the sum of N2.7 million from an octogenarian has confessed that he used the proceed from the fraud to process his travelling document.

Ayo who studied Animal Health and Reproduction at Federal College of Animal Health, Ibadan, Oyo State, confessed: “I used N750,000 from the money to process my travelling document. I wanted to travel to South Africa. Unfortunately, it didn’t work out.
After it failed, I gave N400,000 cash to Kasali to supply me cattles to enable me begin a little ranch, while I used the others for miscellaneous things like travelling to Abuja, Lagos and staying in hotels.”

According to Vanguard, the victim, Mrs Felicia Oketokun, popularly called Mama in Ibadan, is a renowned poultry farm produce dealer. She buys poultry birds and eggs from farms and re-sells.

How it all started
On November 13, 2015, she received a call from one Ayo Kunle Ibikunle who said he had 3000 poultry birds for sale at Seion farms in Olorunda, Ibadan. After price negotiations, Mama Oketokun sent one of her workers to go to Seion’s Farm in Ibadan where he met with Ayo and inspected the birds.

After inspecting the birds and certifying them okay for purchase, Mama Oketokun’s staff requested for Seion farm’s account details to enable his boss make payment for the poultry birds. But, Ayo convinced him that he will give him his own account where they will pay for the birds. He then gave Mama Oketokun’s staff his friend, Saeed’s account number, where they will pay for the products.

It was gathered that immediately after Mrs Oketokun paid the sum of N2.7M to the said account for the birds, Ayo went with Saeed and withdrew the entire money without giving the money to Seion farms or supplying the products to the victim. 
Thereafter, he went underground, living largely in hotels in Ibadan, Abuja and Lagos till he was arrested on March 29, at a location Ibadan after operatives of X-squad tracked him down.

Suspect’s account
“I didn’t take her money on purpose. I paid Saeed N500,000 to allow me use his Access bank account for the transaction as I didn’t want to use my personal account. He withdrew N2M for me and later gave me N200,000. He knew the money was from the proceeds of fraudulent transaction."
The graduate who was enjoying money he didn't worked for is now in detention, awaiting prosecution.

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