Notorious Fraudster, Olutoye Remi-John in N39million Scam Saga

A Federal high court sitting in Lagos has adjourned till 14th of January, 2025 when the trial of a Lagos businessman Olutoye Remi-John will commence.

  Olutoye Remi-John  who is the Director   of TRJ Company limited was  alleged to have  conspired together with one Emeka Ndukwe now at large to obtain property by false pretence and conversion of N39 million  proceeds of criminal act for his own personal use and benefit.

      In a three count charge filed before the court by the Police Legal officer,Zebedee Arekhandia from Zone two Police command Onikan Lagos, stated thus:

COUNT :1

That you Olutoye Remi-John ‘m’ (Director of TRJ Company Limited) and Emeka Ndukwe (now at large), on the 4th November, 2022,at Ikeja Lagos,within tne jurisdiction of the Lagos Judicial Division of the Federal High Court, did with intent to defraud, conspire to commit felony to wit: obtaining property by false pretence and conversion of proceeds of criminal act, and thereby committed an offence contrary to Section 8(a) and punishable under Section i (3) of the Advance Fee Fraud and Other Fraud Related Offences Act, 2006.

COUNT:2

That you Olutoye Remi-John ‘m’ (Director of TRJ Company Limited) and Emeka Ndukwe now at large, did with intent to defraud,fraudulently obtain through TRJ company limited N60,000,000(Sixty Million Naira) from one Mr. Michael Etieobhio Omofoma, on the pretext to him that you will sell to him a landed property at No. 37, Aba Johnson Cresent,Off Adeniyi Jones Avenue, Ikeja, a representation you knew to be false and thereby committed an offence contrary to Section 1 (3) (a) and punishable under Section 1(3)of the Advance Fee Fraud and Other Fraud Related Offences Act,2006

COUNT:3

That you Olutoye Remi-John ‘m’ (Director of TRJ Company Limited) and one Emeka Ndkwe (now at large), between the 4th November,2022 and 31st December, 2022 at the same place, in the aforesaid Judicial Division of the Federal High Court,did convert to your own use and benefits, the sum of N39,000,000(Thirty Nine Million Naira)from the N60,000,000(Sixty Million Naira)you fraudulently obtained from Mr.Michael Etieobhio Omofoma, which you knew or reasonably ought to have known was proceed of criminal act, to wit:obtaining property by false pretence and thereby committed an offence punishable under Section 15 (1) of the Money Laundering (Prohibition) Act, 2011 as amended in 2012.