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Petroleum Business: Pastor Loses N11m To Fraudsters - Business - Nairaland

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Petroleum Business: Pastor Loses N11m To Fraudsters by Islie: 3:06pm On Jan 11, 2016
A Lagos pastor, Rev. Dr. Oluwafemi Iroh, has lost N11 million to suspected fraudsters in Lagos State, western Nigeria.

The suspects told Iroh that they were suppliers of petroleum product and want him to be involved in the business.


The incident happened at Borokiri Plaza in Jakande Estate where Iroh’s office is located.

One of the suspects, Benjamin Kayode, has been arrested and charged before Isolo Magistrates’ court with obtaining under false pretence and stealing under the Criminal Code.

Kayode’s accomplice identified as Abraham Lot is now at large.

According to the police, Kayode and Lot allegedly lured Iroh into petrol supply business with a promise that Iroh would make a huge profit from it.

They assured him of prompt supply and reduced the price of the product as dealers in business who knew where to get the product at cheaper price.

Unsuspecting Iroh believed them and gave them the money and waited in vain for the supply of the product.

Iroh waited in vain after Kayode and Lot collected the money and bolted away.

Iroh went to the police at Ejigbo division and reported the fraud and the police trailed the suspects and eventually arrested Kayode.

P.M.NEWS gathered at the station, Kayode told the police that he had shared the money and as such there was no money to refund to Iroh.

Kayode was charged to court with the alleged offence bu he pleaded not guilty.
The presiding Magistrate, Mrs A. O. Adedayo granted Kayode bail in the sum of N1m with two sureties in like sum.

Kayode was remanded in prison custody pending when he will perfect his bail condition.

The matter was adjourned till 18 January 2016.


www.pmnewsnigeria.com/2016/01/11/pastor-loses-n11m-to-fraudsters/

lalasticlala
Re: Petroleum Business: Pastor Loses N11m To Fraudsters by motorus: 3:30pm On Jan 11, 2016
Na wa oooooo
Re: Petroleum Business: Pastor Loses N11m To Fraudsters by iteleaye(m): 3:31pm On Jan 11, 2016
11million... Omo if DAT money use mistake enter my account... Na to first buy boli and groundnut with cold purewater.... Kai!!!






Mashali rose gold watch for men available grin grin

28 Likes 4 Shares

Re: Petroleum Business: Pastor Loses N11m To Fraudsters by Nobody: 3:31pm On Jan 11, 2016
Petroleum gate # this the truth
God was not in that business, if he was he would have seen the impending danger. Pastor? Chai

1 Like

Re: Petroleum Business: Pastor Loses N11m To Fraudsters by Nobody: 3:31pm On Jan 11, 2016
A criminal is caught,and all of a sudden he or she is granted bail...My question now is;who will pay for the loss of the victim,because once a criminal is set free & asked to pay up or refund back to the victim,the law in Nigeria doesn't do much to follow up the case,to make sure that the victim gets back their money/properties.

If those criminals gets to perfect their bail conditions,i don't think the said pastor would ever lay his hands on that money.

1 Like

Re: Petroleum Business: Pastor Loses N11m To Fraudsters by Nobody: 3:31pm On Jan 11, 2016
Hmmm,
I really don't know what to say.
How did the pastor got 11 million naira?

12 Likes 1 Share

Re: Petroleum Business: Pastor Loses N11m To Fraudsters by fm7070: 3:32pm On Jan 11, 2016
If you are not greedy, it is very difficult for you to be duped.

15 Likes 1 Share

Re: Petroleum Business: Pastor Loses N11m To Fraudsters by pek(m): 3:32pm On Jan 11, 2016
Always be mindful of the people you go into business with. Ask questions, if the deal is too good to miss or quick profit involved, run.

1 Like

Re: Petroleum Business: Pastor Loses N11m To Fraudsters by odiereke(m): 3:33pm On Jan 11, 2016
Na wah o. Pastor too want to do petroleum business without going through the legitimate source.

3 Likes

Re: Petroleum Business: Pastor Loses N11m To Fraudsters by Lakayanah: 3:34pm On Jan 11, 2016
No proper prayers before the transaction, hope he is not among those that has prophesied this year.
Re: Petroleum Business: Pastor Loses N11m To Fraudsters by missKiffy(f): 3:34pm On Jan 11, 2016
Choi, scammers everywhere
Re: Petroleum Business: Pastor Loses N11m To Fraudsters by emi14: 3:35pm On Jan 11, 2016
Pastor in #11m scandal. Back door petroleum deal. Sabotage to the federal government. Dasuki incarnate. Tithes and offering from poor members.

2 Likes

Re: Petroleum Business: Pastor Loses N11m To Fraudsters by kennyman2000(m): 3:36pm On Jan 11, 2016
Hmmmm... The hunter was hunted.. Wetin pastor wan do with petrol business... Ohhh, na church members tithe he wan use do the business, no be their money..

3 Likes

Re: Petroleum Business: Pastor Loses N11m To Fraudsters by Nobody: 3:37pm On Jan 11, 2016
francababy:


You failed because u were typing jargons. lol
he was actually the ist he posted twice I think

1 Like

Re: Petroleum Business: Pastor Loses N11m To Fraudsters by Nobody: 3:37pm On Jan 11, 2016
Greed...Greed...Greed
Re: Petroleum Business: Pastor Loses N11m To Fraudsters by Nobody: 3:38pm On Jan 11, 2016
Pastor nd d thieves waiting b d difference abeg

1 Like

Re: Petroleum Business: Pastor Loses N11m To Fraudsters by room089: 3:38pm On Jan 11, 2016
Where is the holy spirit in him as a servant of God? Otherwise he would've decerned that something about the business is fishy!
Re: Petroleum Business: Pastor Loses N11m To Fraudsters by Nobody: 3:40pm On Jan 11, 2016
chineke mo
Re: Petroleum Business: Pastor Loses N11m To Fraudsters by darlenese(f): 3:41pm On Jan 11, 2016
No comment
Re: Petroleum Business: Pastor Loses N11m To Fraudsters by samdavjustin(m): 3:42pm On Jan 11, 2016
When will people learn. Never pay for a product before receiving it. At best pay 10 percent only before delivery.

1 Like

Re: Petroleum Business: Pastor Loses N11m To Fraudsters by Adesiji77: 3:44pm On Jan 11, 2016
lipsrsealed
Re: Petroleum Business: Pastor Loses N11m To Fraudsters by Lagusta(m): 3:45pm On Jan 11, 2016
na wa
Re: Petroleum Business: Pastor Loses N11m To Fraudsters by geesilver(m): 3:45pm On Jan 11, 2016
OP its borokini.....mind that.
MOG even with anointing you still don't know who is fake, I pity your followers.
Re: Petroleum Business: Pastor Loses N11m To Fraudsters by eniolaamoda: 3:46pm On Jan 11, 2016
fm7070:
If you are not greedy, it is very difficult for you to be duped.


This is very very wrong
Re: Petroleum Business: Pastor Loses N11m To Fraudsters by bright007(f): 3:46pm On Jan 11, 2016
There is only one conclusion to be arrived from this news...The pastor was and is never a true man of God. A true man of God hears from God always. He must have been warned by God but turned a deaf ear
God will definitely not allow his servants to be duped.

The pastor is probably being paid back in his own coin... meaning losing his money by the same way he got it ( duped church members)

1 Like

Re: Petroleum Business: Pastor Loses N11m To Fraudsters by McAustin92(m): 3:46pm On Jan 11, 2016
when it comes to printed papers.....i don't trust myself talkless of anybody...d world is a scam itself.......... u jus gotta b watchful and fuckin mindful so that ur story ain't gonna b pitiful at d end

1 Like

Re: Petroleum Business: Pastor Loses N11m To Fraudsters by Nobody: 3:47pm On Jan 11, 2016
Pm news and their ejigbo magistrate story

1 Like

Re: Petroleum Business: Pastor Loses N11m To Fraudsters by Nobody: 3:47pm On Jan 11, 2016
The annoying thing is that there are genuine people that want to do business. Yet these fraudsters make it faster than those that want to go legit.
Re: Petroleum Business: Pastor Loses N11m To Fraudsters by shamecurls(m): 3:48pm On Jan 11, 2016
Small cash! He will recover it from his members in folds. Ole ji, Ole gba. grin

1 Like

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