A 48-year old businessman, Christian Nweke has lost a whopping sum of N3m to men suspected to be fraudsters popularly known as money doublers. The incident happened at Iba New Site in Ojo Local government where he met the suspects. One of the suspects, Tajudeen Ojo has been arrested and charged before a Lagos court for obtaining money under false pretence and fraud. It was gathered that the suspects approached Nweke and convinced him that they were capable of producing currencies through undisclosed chemicals with some pieces of papers.

They reportedly took him to a place where they brought out some pieces of papers they cut to the size of naira notes. They reportedly brought out the supposed chemicals, poured some into the bucket they put some pieces of papers and washed them and they turned to naira notes.

According to reports, they gave it to Nweke to go and spend, which he did, became convinced and showed interest. It was then that they informed Nweke to bring the all the money he had and they will be multiplied with the chemicals and the papers. Nweke then went and brought N3m with the hope that he will get N9m or more as they promised.

However, it turned out to be a scam after he paid the money and they promised him to come on a particular date to carry the bag of money. Nweke reportedly went, they handed him the bag and he went home only to open the bag and discovered that they were ordinary pieces of paper.

He then realised that he had been duped, went to Area M Idimu Command and reported the scam. The police trailed the suspects and succeeded in arresting Ojo while other suspects were said to be at large. Ojo was charged before Ejigbo Magistrates court where he pleaded not guilty. The presiding Magistrate, Mr Akeen Fashola granted him bail in the sum of N250,000 with two sureties in like sum. Ojo was remanded in prison custody pending when he will perfect his bail condition.