BusinessDay
Taofeek Oyedokun
April 23, 2025
The Economic and Financial Crimes Commission (EFCC) has arrested a suspected fake land vendor, Nwobo Williams Chibuike, for allegedly defrauding unsuspecting members of the public through fictitious land sales across the Federal Capital Territory (FCT).
According to a statement from the Commission on Wednesday, Chibuike, who parades himself as the managing director of C&C Reality & Construction Limited, Dream-Krest Homes and Properties Limited, and Dan Faith Shelters Limited, was offering non-existent plots of land in Kurudu, Sabon Lugbe East Extension, Kpeyegyi, Jikwoyi Village Extension, and other parts of the FCT.
“Investigations showed that Chibuike… was marketing fictitious and non-existing landed properties in several locations in the FCT and getting his victims to make payments ranging from N60,000,000 (Sixty Million Naira), N24,000,000 (Twenty-Four Million Naira), N11,000,000 (Eleven Million Naira) to N3,500,000 (Three Million Five Hundred Naira),” the EFCC said.
The Commission disclosed that the suspect collected money from victims under the guise of selling properties in Karsana, Pyakasa, Jikwoyi, Kurudu, Katampe Extension, Guzape 2, and Kuje, among others.
Further investigations revealed that none of the properties marketed and sold by Chibuike and his agents exist.
“The Commission’s enquiries from the Federal Capital Development Authority, FCDA, showed that none of the locations being marketed and sold by Chibuike and his agents are real,” the statement noted.
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The EFCC said the suspect will be charged to court as soon as investigations are concluded.
Meanwhile, the Commission has urged the public to exercise caution when dealing with land vendors in the capital city.
“The public is hereby alerted to be wary of such vendors, especially itinerant land marketers around the FCT and be appropriately guided,” it warned.
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