May 20, 2024
EFCC Arraigns Couple For Alleged N500m Fraud
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EFCC Arraigns Couple For Alleged N500m Fraud

The Port Harcourt Zonal Command of the Economic and Financial Crimes Commission has arraigned a couple, Emmanuel Dike and Ugochi Eziaku Dike, for an alleged N500 million investment scam.

According to a statement on the official X handle of the EFCC on yesterday, the couple was arraigned alongside their company, Dike & Phil Associates Ltd by the EFCC on five-count charges bordering on conspiracy, obtaining money under false pretence and criminal conversion of funds to personal use.

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They were charged with the intent to defraud one Captain Chukwuemeka Stanley Ikeri and his company- Clipboard Office Superstores Limited to the tune of Five Hundred Million Naira under the pretext that it was for investment purposes that will yield him 10% interest.

The couple pleaded not guilty to the charges and were granted bail in the sum of one million Naira each, with two sureties in like sum.

    • 6 months ago

    […] READ ALSO: EFCC Arraigns Couple For Alleged N500m Fraud […]

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