Nollywood: Film Producer Seun Egbegbe Arrested For Alleged N6.3m Fraud

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Nollywood movie producer and ex-boyfriend of popular Yoruba actress, Toyin Aimakhu, Seun Egbegbe, has again been arrested for allegedly defrauding some bureau de change operators of $60,000.

Seun who is supposed to appear before Magistrate A. J. Atunwa at Roseline Omotosho Court House in Ikeja, in six days time for alleged theft of nine iPhone sets at Computer village, Lagos in November, was said to have committed the crime at the Gbagada General Hospital, Lagos.

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The report of the fraud which has gone viral on social media was supported by a video clip, which showed the movie producer disguised as a doctor, attempted to defraud a Bureau de Change operator of hard currency of an amount above N6 million.

The Lagos State Police Command has issued a statement signed by the Police Public Relations Officer, Dolapo Badmus, confirming the report.

In the statement, the PPRO explained how the incident happened. According to him:

“Today (yesterday) at about 1 p.m., one Seun Karim, a.k.a. Egbegbe, and one Ayo Oyekan, disguised as the MD of Gbagada General Hospital and the other as a patient.

Seun Egbegbe

“They lured one Alhaji Isa Adamu and Abdullahi Haruna, both Bureau de Change members, from different locations, that they needed US9,000 dollars and £3,000 pounds.

“The unsuspecting victims brought same to the suspects at the hospital, where they collected the said amount and attempted to escape with the money.



“The victims raised alarm and subsequently the suspects were arrested by the policemen attached to the hospital. Further to the arrest of the fraudsters, many members of the bureau de change are trooping to the office with a similar complaint against the suspects.”

Considering the official rate of N305 to one US$, 9,000 dollars would approximate N2,742,740.12, while at N381.64 official rate for the one pound, £3,000 comes to N1,144,915.27.

At the parallel market where one USD goes for N497, $9,000 would fetch N4,473,000, while £3,000 would fetch N1,836,000, with N612 pursuing one British pound. The total street value of the forex involved comes to N6,309,000.

BuzzNigeria recalls that last November, Seun Egbegbe was arrested after he was beaten to a pulp at the Computer Village, Ikeja, for allegedly attempting to cart away nine sets of iPhones.

Eyewitnesses had said Seun Egbeegbe walked into a certain Keelcech Innovations and Consultancy store at No.9 Medical road computer village, around 10:30 am that  morning, under the guise of purchasing seven iPhone 6s and two iPhone 7 phones, only to have left the store with the phones telling the sales girl he was coming, and then crossed to enter a waiting jeep, causing the salesgirl who was attending to him to scream for help.

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The scream of the sales girl attracted the attention of bystanders who pursued the movie producer, caught up with him before he could drove off and gave him a beating of his life before handing him over to the store owner, who then called the police.

Although Seun Egbegbe, denied ever been arrested for stealing iPhones, he was subsequently charged to court and is due to appear in court February 8, after the first hearing in the case was adjourned.

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