Four members of a syndicate of suspected fraudsters have been arrested on the Lagos Island by the police for allegedly forging documents to claim the ownership of shares worth N35.7m, which belonged to one late Amarvi Rowland.
The suspects are a stock broker, Olufemi Oyewunmi, a pastor in Ibadan, Oyo State; Benjamin Ogunlusi, an estate agent, Omoola Ayodeji, and one Olayinka Adisa.
The alleged fraud was reportedly coordinated by one Kola, Oyewunmi’s colleague, who is still at large.
It was learnt that Central Securities Clearing System Plc on Customs Street, Marina, Lagos, had handled the shares for Rowland.
Our correspondent gathered the firm had made a publication in a newspaper (not The PUNCH) sometime in September, where details of the deceased were published. Read more