EFCC Arrests ‘Investor’ for Alleged $154,146 Fraud

By Dipo Olowookere

The Economic and Financial Crimes Commission (EFCC) on February 9, 2017 arrested one Benjamin Aduli for offences bordering on criminal breach of trust and obtaining by false pretence.

Operatives of the EFCC got wind of his nefarious activities through a petition by one of his victims. According to the petitioner, Mr Aduli claimed that he could “help source for a loan facility of $30 million in Dubai” that would be used to finance Fleet Farms, a company belonging to the petitioner.

Having convinced the potential investor of the “good deal”, he demanded for a contributory fee of $154,146 which he claimed would be remitted to ABA investment LLC in Dubai as “a condition for accessing the loan”.

Not sensing any foul play, the petitioner paid the said sum to a Micro Finance Bank on the instruction of Mr Aduli, for onward remittance as promised.

However, since payment was made, no loan was provided for the petitioner, while the money was never returned.