Finally, Police arraign film maker, Seun Egbegbe, for serial frauds (Photos)

The Police Special Fraud Unit on Friday arraigned Nigerian film maker, Olajide Kazeem, better known as Seun Egbegbe, for alleged serial frauds involving N39, 098,100; $90,000 and £12,550.

Egbegbe was arraigned on 36 counts alongside one Oyekan Ayomide, with whom he allegedly conspired to perpetrate the frauds between August 2015 and February 2017.

The two were arraigned before Justice Oluremi Oguntoyinbo of the Federal High Court in Lagos.

They allegedly defrauded no fewer than 30 Bureau de Change operators in Lagos between August 2015 and February 2017, mostly by falsely representing to the victims that they had foreign currencies to sell to the BDC operators.

However, when the 36 counts were read to Egbegbe and Ayomide, they both pleaded not guilty.

The prosecuting counsel for the police, Innocent Anyigor, urged the court to order the remand of the defendants in the prison custody and to fix a day for trial.

The defence counsel, Mrs. A.O. Gbadamosi, told Justice Oguntoyinbo that she intended to file bail applications on behalf of Egbegbe and Ayomide.

The judge ordered that the defendants should be remanded in the prison custody and adjourned till March 24, 2017 for commencement of trial.

-Punch