Daniel Erito Oyowe, a suspected fraudster, was on Friday arrested by the Economic and Financial Crimes Commission (EFCC) in Warri, Delta State, for offenses bordering on obtaining by false pretences.
The suspect, who is a lawyer, is alleged to have swindled a petitioner whom he had met during a Bar conference in Warri three years ago. Oyowe introduced him to an oil and gas business and invited him to invest, assuring him of mouth-watering returns on his investment.
After the petitioner had invested six million [Naira], which was paid into Oyowe’s account with an old generation bank, he became evasive. He neither remitted any returns to the complainant nor refunded the sum invested.
For three years, the EFCC was on the suspect’s trail. The agency got lucky when Oyowe attempted to withdraw money from his account, not knowing it had been flagged.
Investigation of the alleged scam is continuing.