The Ondo State Command of the Nigeria Security and Civil Defence Corps (NSCDC) said its personnel have arrested a suspected fraudster involved in the fake conversion of money to the tune of N12.5 million.
In a statement by SC Daniel Aidamenbor, Public Relations Officer of the Ondo State NSCDC Command, the case was reported at the command headquarters by Mrs Linda John, proprietor of Remmy Guest House, Alagbaka, Akure, who alleged that one Akinsanmi Olawale, a 32-year-old male employee of the establishment, had engaged in fraudulent activities.
Following the complaint, the suspect was arrested on May 18, 2026, and an investigation revealed that he, who served as the manager of the guest house, could not account for proceeds generated from the business over a two-year period spanning 2024 to 2026.
It was further discovered that the suspect had allegedly manipulated and falsified the financial records of the guest house by presenting inaccurate accounts aimed at concealing the misappropriation of funds.
According to the statement, the suspect confessed to committing the crime, adding that he would be charged in court upon the conclusion of investigations in line with the corps’ zero-tolerance policy towards crime and criminality.
