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Son of prominent late Oba in Ondo community in court over N38m fraud

Prince Toluwalade John Olateru-Olagbeg, son of prominent kingi in Owo, Ondo state has been arraigned on one count charge of fraud, for obtaining N35million under false pretence.

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Olagbegi was docked on Tuesday before Justice Uche Agomoh of the Federal High Court one sitting in Ibadan.

Olagbegi who resides at Bodija, allegedly collected the sum from the complainant on the pretext of trading in forex.

According to the charge, the prince on or about 4th of March, 2021, obtained N35 million from Julius Olorunsogo Alase, a businessman.

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Written by Adesoji OMOSEBI

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