JUST IN: Man With Presidency Plate Number, Fake ID Card Arrested Over ₦320 Million Fraud Allegation
Operatives of the Special Investigations Team attached to the Force Criminal Investigations Department (FCID) Annex, Lagos State, have arrested a self- acclaimed Bureau De Change operator, Chinedu Ernest Ngwaka, over allegations of fraudulent activity amounting to ₦320 million.
The arrest followed a petition submitted by Chinedu Laz and Partners (Deo Gratia Chambers) on behalf of Mr Tochukwu Unachukwu, the Managing Director of Casco Electronics Company Limited. The petition alleged that Ngwaka, along with his wife, Janet Onyekachi Ngwaka, was involved in a fraudulent scheme.
The spokesperson for FCID Annex, Lagos, Mayegun Amina, confirmed the arrest in a statement on Tuesday. Amina disclosed that Ngwaka was apprehended while using a vehicle with a fraudulent Presidency number plate and carrying a fake identity card purportedly issued by the Federal Ministry of Labour and Employment.
” On 9th September 2024, the Nigeria Police Force received a petition addressed to the Assistant Inspector- General of Police, FCID Annex, Lagos, from Chinedu Laz and Partners on behalf of Mr Tochukwu Unachukwu. The petition detailed allegations of a fraudulent scheme involving ₦320 million, ” Amina said.
Following the petition, detectives from the anti- fraud section launched an intelligence- led investigation. The team reviewed critical banking records and obtained a warrant for Ngwaka’ s arrest. He was subsequently taken into custody.
The investigation also revealed that Ngwaka faces separate petitions from other individuals. Mr Moses Chizoba Enechukwu and Chinedu Nwaforcha have accused him of defrauding them of ₦1 billion and ₦840 million, respectively.
” The suspect and his co- conspirators have been linked to multiple cases of fraud, and evidence points to a sophisticated scheme targeting individuals and businesses, ” Amina added.
Ngwaka, who claims to be a licensed Bureau De Change operator, is currently in police custody. He is expected to face multiple charges, including forgery, identity theft, and fraud. The police have assured the public that all suspects involved will be prosecuted upon the conclusion of the investigation.
