Ikeja High Court has put one bureau de change operator, Mohammed Ali in jail after being found guilty of defrauding a Lebanese businessman of N11 million.
The Justice who handled the matter, Justice Adeniyi Onigbanjo said he was fully convinced Mohammed Ali stole the money using false pretences.
Mr. Ali was charged on August 4, 2010 by the EFCC and plead not guilty to the charges.
Economic and Financial Crimes Commission (EFCC) prosecutor Ben Ubi revealed the suspect had taked N30 million from the foreigner for conversion into U.S. dollars.
He continued and revealed that Mr. Ali kept the money for himself, later refunding N19 million before being charged to court.
The court ascertained that the suspect was beyond reasonable doubts guilty and sentenced the man to two years imprisonment.