A foreign exchange (forex) trader, Olufemi Oluwade, who allegedly absconded with two of his clients’ $2,900 dollars (about N1.1million), was on Wednesday brought before an Ikeja Magistrates’ Court.
39 year old Oluwade,who lives at 5, Oyawale Street, Idimu, Lagos,was arraigned by the police before Mr. A. I. Abina on a two-count charge of stealing and obtaining money under false pretense.
Prosecuting Sergeant Ishola Samuel alleged that Oluwade committed the offence in May on Obafemi Awolowo Way, Ikeja.
He alleged that the defendant obtained $2,900 from the complainants, Olamide Fashipe and Wilson Emele, with a promise to invest it in forex trade business.
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