N.8 Million Fraud: Money-Doubler Bags One Year Jail Term In Uyo

N.8 Million Fraud: Money-Doubler Bags One Year Jail Term In Uyo

The Uyo Zonal Office of EFCC has secured the conviction of a
self-acclaimed money doubler, Joshua Omobasemota, on a 28-count charge
bordering on obtaining money by false pretence.

He was found guilty of the charges after Justice A.A.Okeke of a
Federal High Court sitting in Uyo, Akwa Ibom State held that a prima
facie case was established against him by the EFCC.

Omobasemota, who was first arraigned on March 21, 2018, had pleaded
“not guilty”, but one year into his trial, he decided to change his plea
to “guilty”. The trial judge subsequently sentenced him to one year in
prison, on each of the count, without an option of fine, to run
concurrently from the date of his arrest.

Joshua’s journey to prison began when his victims, numbering 50
petitioned the EFCC and explained how Omobasemota defrauded them to the
tune of over N800, 000 (Eight Hundred Thousand Naira). 

According to the petitioners, the convicted fraudster approached them
to invest in a money doubling scheme, under the guise that he was a
representative of Dangote company in the South-South, in charge of a
social responsibility scheme that creates wealth and doubles savings
using Global Divine Rich Resources Nigeria.

But that was not to be, as the convict immediately disappeared into
thin air after collecting so much money from his unsuspecting victims.
He was later apprehended by the EFCC.

However, the prayer of the prosecuting counsel, Kanu Ukoha, asking
the court to make the convict restitute the nominal complainants who
suffered financial losses, was not granted by the court.