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Bad times for Seun Egbegbe, business in disarray, exotic cars up for sale

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Court orders arrest of police witness in Seun Egbegbe's fraud case

These are certainly bad times for serial fraudster Seun Egbegbe with reports suggesting that his business is in disarray even as his exotic cars are now up for sale.

According to an impeccable source, there is nothing going on at Egbegbe’s Ebony Films Productions anymore as he continues to languish in prison after he was docked in February for defrauding some Bureau De Change operatives at Gbagada in Lagos.

“Nothing is going on at Ebony Films Productions anymore since Seun has been in detention because without Seun, there is no Ebony. Even his earlier plan to bring in ultramodern equipment from Dubai and open a new office at Balogun, Ikeja, can’t be realised again even if he gets out of that place,” the source revealed.

Continuing, the source added that; “Egbegbe’s case is even worsened as his elder brother, Arapaja, who was also running around for him has also been implicated in the case. I learnt he was arrested alongside Seun’s close aide, Kazeem (KC). They are all in detention now so his matter has been compounded.”

Read also: Seun Egbegbe cries out, laments bail conditions

Recall last month that Egbegbe lamented his fate in prison especially with the hefty bail conditions required for him to regain freedom.

Egbegbe who was granted bail about a two ago alongside his accomplice Oyekan Ayomide is worried that the N5 million bail which he was granted since February 24, 2017 is too high to meet.

According to a close associate of Egbegbe, the bail conditions set aside for his release is too high and Egbegbe may find it hard to meet it.

“Where do they expect him to get the sureties who would leave their passport and certificate of occupancy with the court until the case which may last four years ends?”

“Who will risk losing N2.5 million as surety for a case that has not even really started?” Egbegbe’s associate asked.

 

 

 

 

 

 

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0 Comments

  1. Animashaun Ayodeji

    May 20, 2017 at 2:05 pm

    Oh… Karma!!! This is you dealing with Seun, I can see your hand already. A fraudulent person is not entitled to good good living because he made some people cry to make himself happy.

  2. Anita Kingsley

    May 20, 2017 at 2:06 pm

    This is very good for him, God is dealing with him in a harsh way. Seun Egbegbe built his business on fraud and lies, why won’t he loose everything over night? There’s nothing he can do, he’s finished

  3. Agbor Chris

    May 20, 2017 at 2:10 pm

    I’m still very mad at Tosin Aimakhu for having an affair with this silly man. She really belittled herself to bow for a thief who cannot work legally to make a living. I don’t pray for Seun to run down, but everything he acquired fraudulently will perish!

    • Balarabe musa

      May 20, 2017 at 3:03 pm

      Actress has no shame, they are ready to open their skirt for anyone who can give them good money.

  4. seyi jelili

    May 20, 2017 at 3:35 pm

    In life, whatsoever you acquire in a fraudulent way won’t last. Seun Egbegbe will languish in poverty Now for the rest of his life

    • JOHNSON PETER

      May 20, 2017 at 3:57 pm

      Sure, and all people particular ladies who benefitted from his money will end up in shame too

  5. JOHNSON PETER

    May 20, 2017 at 3:59 pm

    I am interested in buying his cars but am even afraid to buy such because it could be something stolen

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