Metro

Man in police net for duping octogenarian N2.7m

Published

8 years ago

April 11, 2016

Ayo Kunle Ibikunle, 34, is now in police net after allegedly defrauding an octogenarian of N2.7 million saying he used the money to process travel documents.

The graduate who studied Animal Health and Reproduction at the Federal College of Animal Health in Ibadan, Oyo State said he has still not received the travel documents he is trying to process because it failed.

“I used N750, 000 from the money to process my traveling documents. I wanted to travel to South Africa. Unfortunately, it didn’t work out. After it failed, I gave N400, 000 cash to Kasali to supply me cattle to enable me begin a little ranch, while I used the remaining money miscellaneous things like traveling to Abuja, Lagos and staying in hotels.”

Reports say Ayo put a call through to 80-year-old victim, Mrs Felicia Oketokun, popularly called Mama in Ibadan, a poultry farm produce dealer on the 13th of November telling her he had 3,000 poultry birds for sale at Seion Farms located in Olorunda, Ibadan.

Read also: 27 kidnapping, robbery suspects arrested in Kogi

After negotiations, Mama later sent one of her staff to go inspect the birds and after they were certified to be okay, Mama’s staffer requested the account of Seion Farms so the sum of N2.7 million be transferred to the account but Ayo convinced the staffer to pay the money into his friend’s account named Saeed.

Ayo later withdrew the whole cash from his friends account without remitting it to Seion Farms or supplying the birds to the victim, instead he embarked on a spending spree as he went underground living large in hotels in Ibadan, Abuja and Lagos until he was apprehended on the 29th of March at Ibadan after he was tracked down by operatives of X-Squad.

While recounting how he spent the money, Ayo said he didn’t intentionally dupe Mama.

“I didn’t take her money intentionally. I paid Saeed N500, 000 to allow me use his bank account for the transaction as I didn’t want to use my personal account. He withdrew N2m for me and later gave me N200,000. He knew the money was from the proceeds of fraudulent transaction. I used N750,000 from the money to process my travelling documents as I wanted to travel to South Africa. Unfortunately, it didn’t work out; so I gave N400,000 cash to an acquaintance, Kasali, to supply me cattle to begin my cattle farm, while I spent the balance on miscellaneous things like travelling and staying in hotels.” He said.

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