Abuja real estate ‘MD arrested for defrauding’ residents over N100m
Operatives of the Economic and Financial Crimes Commission have nabbed one self-styled Managing Director of C&C Reality & Construction Limited, Dream-Krest Homes & Properties Limited and Dan Faith Shelters Limited, Nwobo Williams Chibuike. He was arrested for allegedly duping some unsuspecting customers who subscribed to fictitious properties in Karsana, Pyakasa, Jikwoyi, Kurudu, Katamkpe Extension, Guzape […]
FCT
Operatives of the Economic and Financial Crimes Commission have nabbed one self-styled Managing Director of C&C Reality & Construction Limited, Dream-Krest Homes & Properties Limited and Dan Faith Shelters Limited, Nwobo Williams Chibuike.
He was arrested for allegedly duping some unsuspecting customers who subscribed to fictitious properties in Karsana, Pyakasa, Jikwoyi, Kurudu, Katamkpe Extension, Guzape 2, Kuje and other locations in the FCT.
Dele Oyewale, the spokesman of the Commission, said Chibuike was arrested after investigation revealed how he swindled members of the public through offers of fake plots of land at the locations mentioned above.
He explained that the Commission’s enquiries from the Federal Capital Development Authority showed that none of the locations being marketed and sold by Chibuike and his agents are real.
The EFCC official listed N60m, N24m, N11m to N3.5m as some of the monies he had fraudulent got from some of the unsuspecting Abuja residents.
“Investigations showed that, Chibuike, self-styled Managing Director of C&C Reality & Construction Limited, Dream-Krest Homes and Properties Limited and Dan Faith Shelters Limited, was marketing fictitious and non-existing landed properties in several locations in the FCT and getting his victims to make payments ranging from N60,000,000( Sixty Million Naira), N24,000, 000( Twenty- Four Million Naira), N11,000,000( Eleven Million Naira) to N3, 500, 000( Three Million Five Hundred Naira) in locations such as Karsana, Pyakasa, Jikwoyi , Kurudu, Katamkpe Extension, Guzape 2, Kuje and other locations in the FCT.
“The Commission’s enquiries from the Federal Capital Development Authority, FCDA, showed that none of the locations being marketed and sold by Chibuike and his agents are real,” he said.
Oyewale said the suspect would be charged to court upon the conclusion of its.investigations, while warning the public to be wary of such vendors, especially itinerant land marketers around the FCT.