May 28, 2018

Man exchanges N1.7m with fake dollars

Man exchanges N1.7m with fake dollars

A bureau de change operator, Usman Nafada, has been arrested by the police for allegedly conniving with an accomplice at large to swindle one Abdullahi Uba out of N1.7m. PUNCH Metro learnt the victim had approached Nafada on November 16, 2016, at the Obalende area of Lagos State to help him change the sum to dollars.

Nafada was said to have told Uba that he did not have hard currency for the exchange. He, however, reportedly collected the money from Uba and took it to his “partner.”

Our correspondent gathered that after a few minutes, the suspect returned with 45 notes of $100, which he gave Uba. It was gathered that after Uba discovered that the dollars were fake, he reported the alleged fraud at the Lion Building Police Division, and Nafada was arrested. Read more

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