N87 Billion Fraud Suspect Arraigned In Court
OpenLife Nigeria reports that Abayomi Segun Oluwasesan who allegedly defrauded his company, Afriq Arbitrage System, has been dragged to the Federal High Court, Abuja on Wednesday by the Police on eight-count charges including conversion of the sum of $87 million to himself.
Abayomi, along with his partner, Onifade Adeniyi was brought to court on Wednesday.
It would be recalled that Abayomi Segun Oluwasesan, who was employed by his boss on the 15th of June, 2022 to work as a web developer, literally tempered with the platform at a time when his boss, Jesam Micheal went for a liver transplant and entrusted the codes to him.
Overwhelmed by greed, Abayomi who was entrusted with the sensitive data for the smooth operations of the company, engaged the services of his cohorts, disrupting the smooth operations of the platform and stealing hard-earned investors’ money running into several billions.
Checks revealed that AAS is a global phenomenon with over 100,000 investors from over 75 counties. Thinking his employer, Jesam Micheal would not survive the operation, he withdrew several millions of dollars and became an instant rich dude with an astonishing flamboyant lifestyle overnight. His first criminal act was obtaining a Ghanian passport which he used in acquiring other international residency and properties.
One of the plazas he acquired in Lagos was to the tune of N450m, landed properties around Dangote refineries to the tune of N1b, and splashed a billion naira on the interior decoration of the Mesh 3-star hotel in Mainland, Lagos State.
According to available information, Abayomi was travelling across the globe with investors’ money on first-class tickets. His dubious activities literally crashed the lucrative platform on the 15th of May, 2023.
However, while addressing journalists at the court on Wednesday, Jesame Micheal cleared the air on the issues.
He denied that the blockchain was hacked and also denied the allegation that he was wanted by the Police.
“There are a few things I need to clear. There are rumours and false information out there that the AAS blockchain was hacked. That’s not true. You can’t hack a blockchain. He came up with the lie and I told him it’s not possible because you can’t hack a blockchain system. He only had access to it because the code was given to him.
So he had permission, my face id, thumbprint, and other details I gave to him because I was so sick to the point of death and my survival was 50/50. So it’s a lie by him that the AAS blockchain was hacked. That was the initial lie he came up with until I confronted him with the truth and when confronted by Interpol he confessed.. Out of his wickedness, He tempered with the boot. Remember we have three components that contained AAS. He only tempered with the boot and can’t access the blockchain.
Thus, we had to rebuild the boot. We are done building back the book just reviewing. I love being sincere in whatever I do, we have to review them page by page to prevent crashing during trading. Once that is done and we have the green button pick-up, we will start immediately.
Lastly, don’t fight or mind falsehoods flying about. No security agent is looking for me. I am everywhere on the street. Here I am and working hand in hand with all security agencies who have been so helpful to us to ensure the criminal was arrested”, he concluded.
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