A businesswoman, Omotola Oyewole, has told an Ogba Magistrate’s Court how she lost the sum of N2m to an investment scam.
Oyewole spoke on Monday while giving evidence in the trial of a defendant, Abayomi Owolabi, before Magistrate L.A. Owolabi.
It was gathered that the complainant and Abayomi were friends before the incident happened in June 2022.
Oyewole said, “He (Abayomi) said he was an investment banker with Multibank Group. I would hear him have conversations on phone with people that he would give them their returns. Sometimes, he would also try to convince others to invest. He would tell me to invest also but I was hesitant at first. But whenever I was with him, he would receive calls and talk about the investment. That was what made me trust him.
“I later transferred to him a total sum of N2m. At first, I gave him some on June 6, 2022, and the second time was on June 9. He said he would pay dividends on the 5th of every month, starting from the following month. On June 30, I spoke with him about the dividends and he said I shouldn’t worry. But he ignored me since then and stopped talking to me and even picking up my calls.”
The woman said the defendant eventually picked up his call on July 4 and told her that she might not receive any returns on the investment.
“When he finally picked on July 4, he told me to check the MoU that I might not get any ROI. I told him that I should…
