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Home Court News

Impostor estate agent pleads guilty to N1.7 million shop rent theft

Samuel Paul, posing as an estate agent, pleaded guilty on Thursday at the Iyaganku Magistrates’ Court in Ibadan to stealing N1.7 million in shop rent.

Law Times by Law Times
November 12, 2026
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Impostor estate agent pleads guilty to N1.7 million shop rent theft
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Samuel Paul, posing as an estate agent, pleaded guilty on Thursday at the Iyaganku Magistrates’ Court in Ibadan to stealing N1.7 million in shop rent.

Paul, 42, was arraigned on three counts: obtaining money under false pretence, stealing, and breach of trust. After his plea, Magistrate Olasinibo Sanusi remanded him in a correctional facility until Nov. 20 for a review of the case.

Prosecutor ASP Olagoke Adegbenro stated that Paul committed the offences on September 26 at approximately 2:00 p.m. in the Eleyele area of Ibadan. Paul falsely presented himself as an estate agent and obtained N1.7 million from Mrs Oluronke Adeyemi under the pretext of securing a shop for her. The prosecutor added that Paul used the entrusted funds for gambling.

He said that the offences contravened the provisions of Sections 419, 390(9) and 422 of the Criminal Laws of Oyo State, 2000.

Source: NAN
Via: Oghenemega Tietie
Tags: breach of trustestate agent fraudIbadan newsimpersonationIyaganku Magistrates CourtN1.7 million theftobtaining money under false pretenceOyo Stateproperty fraudSamuel Paulshop rent fraud
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