A 44-year-old man, Tasiu Isah, on Tuesday appeared before an Ikeja Magistrates’ Court, for alleged N7 million fraud.
Isah, whose address was not provided, is facing a three-count charge of conspiracy, obtaining under false pretences and stealing.
He pleaded guilty to the charge.
The Prosecutor, Insp Ajayi Emmanuel, told the court that the defendant committed the offences with some other persons still at large on Aug. 26 in Ikeja area.
Emmanuel said the defendant fraudulently obtained the money from the complainant, Alhaji Nuhu Nasiru, to help him purchase some goods, which he failed to do.
He said the defendant conducted himself in a manner likely that was likely to cause breach of the peace, when he was asked to refund the money.
Emmanuel said the offences contravened Sections 411, 323 and 168 of the Criminal Law of Lagos, 2015.
The Magistrate, Mrs I. O Raji, granted the defendant bail in the sum of N750,000 with two sureties in like sum.
Raji adjourned the case until Jan. 27 for mention. (NAN)