A 56-year-old car dealer, Vincent Omelebele, was on Friday charged with N2.7million fraud at an Igbosere Magistrates’ Court in Lagos.
Omelebele, of 71, Palm Ave., Mushin, Lagos state, is facing a three-count charge of conspiracy, obtaining money under false pretenses and stealing.
The Prosecutor, Insp. Stephen Molo, told the court that Omelebele committed the offences alongside others who were at large sometime in December 2011 at Aguda, Suru Lere, Lagos.
Molo said the accused obtained a N2.7million grey 2008 Toyota Camry Car, with chassis number: ATIBE46K88U224319, belonging to one Ms. Maria Nobei.
He said that the accused obtained the car from the complainant on the pretext of selling it and remitting its proceeds to her.
According to Molo, the accused, rather than fulfill his business obligation to the complainant, converted the proceeds from the sale of the car to his own use.
He said that the offences contravened Sections 285, 312 and 409 of the Criminal Law of Lagos state, 2011.
Omelebele, however, pleaded not guilty to the charges.
The magistrate, Mrs. Joy Ugbomoiko, granted the accused bail in the sum of N500, 000 with two sureties in like sum and adjourned the case till June 10 for mention. (NAN)