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Faux developer defrauds 100 potential Lagos tenants of N500m

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A suspected faux developer, Ahmed Ayinde, has been arrested by males of the Lagos State Police Command for allegedly defrauding no fewer than 100 potential tenants within the Olowo Ira space of the state.

PUNCH Metro gathered that the victims paid for various flats in a one-storey constructing on No 5, Ayedun Avenue, Olowo Ira, being developed by Ayinde.

After receiving funds, it was learnt that Ayinde and his accomplices advised the potential tenants that they wanted a while to finish renovation works on the constructing.

It was agreed that after the renovation was accomplished, keys to the respective flats can be handed over to the tenants.

Nevertheless, drama ensued on Wednesday when efforts by among the potential tenants to entry their flats proved abortive.

A sufferer, Sunday Akinmoladun, stated he was shocked that over eight individuals paid for a similar flat he paid for, including that loads of intending tenants have been stranded as a result of individuals had occupied all of the flats within the constructing.

He stated, “I paid N300,000 money for a room into one Ibrahim’s checking account. I paid since March 2021, however couldn’t pack in as a result of they stated they have been renovating the home. I’ve been coming to the home nearly day by day and often meet an engineer and bricklayers engaged on the constructing.

“I used to be advised to return and accumulate the keys to my flat in the present day when all the things modified. I’ve been calling Ibrahim, however his quantity shouldn’t be connecting.”

One other sufferer, Tawakalitu Adetoro, stated her husband, Saka, paid N350,000 for a mini flat in January 2021, including that her household had been rendered homeless as a result of incident.

She stated, “My husband paid N350,000 for a mini flat within the constructing once I was pregnant. He paid the engineer and one Biggy since January 2021. As I converse with you, the owner of the home we at present reside in has dumped our hundreds outdoors; we at the moment are homeless.

“What they’ve been telling us is that they’re making some repairs within the constructing. We have been advised to return and accumulate the important thing to our flat on Saturday, however individuals gave us data that folks had been packing into the home since Wednesday. We don’t know the place to get cash to pay for one more flat.”

A sufferer, who spoke on situation of anonymity, stated over 100 intending tenants have been swindled of about N500m, including that every one the affected victims had compiled their names for correct investigation.

He stated, “Now we have 13 flats within the constructing and 9 individuals paid for only a single flat; it’s the similar factor in all the opposite flats. Extra persons are nonetheless coming to say that in addition they paid.

“A few of the victims paid for 2 or three years. I personally paid for 2 years and every flat value N450,000, relying on the bargaining energy of the tenants and the builders. They even collected half cost from some victims.”

The state Police Public Relations Officer, Muyiwa Adejobi, stated the X-Squad Unit of the State Legal Investigation and Intelligence Division, Yaba, had commenced investigation into the matter, including {that a} suspect had been arrested.

He stated, “Alhaji Ahmed Ayinde is the developer who owns the corporate answerable for the venture. They have been attempting to renovate the constructing and picked up cash from intending tenants.

“Sadly, the tenants couldn’t get the residences they paid for. Now we have a suspect in custody, and we are attempting to get different accomplices.

“They’ve provision for simply 15 individuals, however they went forward to gather cash from many individuals. We need to guarantee the victims that justice can be performed on this regard.”

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