A Federal High Court in Lagos Wednesday ruled that the police had made a prima facie case of fraud against a former Lagos socialite and Nollywood film-maker, Olajide Kareem, alias Seun Egbegbe, and his co-defendants.

Justice Oluremi Oguntoyinbo dismissed the defendants’ no-case submissions and adjourned till January 12, 2021 for them to open their defence.

A Federal High Court in Lagos Wednesday ruled that the police had made a prima facie case of fraud against a former Lagos socialite and Nollywood film-maker, Olajide Kareem, alias Seun Egbegbe, and his co-defendants.

Justice Oluremi Oguntoyinbo dismissed the defendants’ no-case submissions and adjourned till January 12, 2021 for them to open their defence.

Prosecuting counsel Innocent Anyigor claimed in the charge that Egbegbe and his gang swindled the BDC operators of N39, 098,100, $90,000 and £12,550 over a period of two years.

The prosecutor alleged that they obtained the money from their victims by deceiving them that they either had foreign currencies to sell to or buy from the BDC operators.

Anyigor said the defendants acted contrary to Section 8 of the Advanced Fee Fraud and Other Related Offences Act 2006 and were liable to be punished under Section 1(3) of the same.

The defendants pleaded not guilty.