An Ikeja Magistrate’s Court on Friday granted bail in the sum of N500,000 to an estate agent, Lukeman Hassan, charged with allegedly defrauding more than 30 accommodation seekers.
Magistrate E. O. Ogunkanmi granted Hassan bail after he pleaded not guilty to the three-count charge of fraud, stealing and misinformation.
The magistrate ordered him to provide two sureties also as a condition for the bail.
The prosecutor, Insp. Fola Takumbe had submitted that Hassan collected up to N800,000 from his victims under the pretence of securing accommodation for them.
Takumbe said the defendant failed to get accommodation for any of his victims and refused to return their money.
The prosecutor said the alleged fraud was committed in September, 2004 at No. 34 Afariogun St., Oshodi.
He said when some of the victims reported the alleged fraud to the police, Hassan gave the police false information in order to mislead them.
Takumbe said the alleged offences were punishable under sections 419, 390 (8b) and 125 (a) of the Criminal Code of Lagos State.
Further hearing in the case will come up on Oct. 25.
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