Operatives of the Economic and Financial Crimes Commission (EFCC), Benin Zonal Directorate, have arrested a 48-year-old woman, Mrs Salt Adeaze Udoka, for her alleged involvement in a landed property fraud totalling N165 million.
According to preliminary investigations by the Commission, Udoka allegedly conspired with two others to defraud an unsuspecting victim.
The victim reportedly transferred the sum of N165 million to Udoka and her accomplice, identified as Ndubisi John Iheukwumere, under the impression that he was purchasing a 100-acre tract of land located in Ewulu Kingdom, Delta State.
The EFCC revealed that once the funds were successfully transferred, the suspects executed a calculated disappearance. Rather than handing over the property titles or finalising the sale, Udoka and her cohorts reportedly went out of circulation and severed all communication channels with the buyer. As a result, the victim was left without the property he paid for and without any refund of his money.
The EFCC confirmed that Udoka is currently in custody and has provided useful statements to investigators regarding the transaction.
“The suspect will be charged in court as soon as investigations are concluded,” a representative of the Commission stated.
Authorities are continuing their efforts to track down the remaining accomplices involved in the deal to ensure they face the full weight of the law.
