E be like say wahala don show for Lagos, as Federal Government don carry one businessman wey dem call Adesiyan Olayinka go court. This guy suppose don dey hustle for better tin, but him choose to follow fraud path wey involve N230 million forex investment scam. Wetin make matter dey worse be say, him use AI technology spoil the matter, cloned Peter Obi image wey everybody sabi.
As dem carry am go Federal High Court for Lagos, Justice Chukwujekwu Aneke dey look the case wey get six counts against Olayinka. E get charges like conspiracy, false pretence, fraudulent advertisement, and stealing. Na so court tell am make e no gree plead guilty when dem read the charge to am.
According to wetin the prosecution talk, this guy dey use cloned images and some bad advert wey show Peter Obi as investor for one forex trading platform wey dem dey call Modnut International to collect this big money. Between July and October 2025, Olayinka dey collect cash from one Mr. Fredrick Amaechi, say na partnership they dey run and wetin dey happen be say, na only chop money dem dey do.
Money wey Olayinka collect no be small o! Dem say na around N230 million wey different times enter bank accounts for FCMB, Sterling Bank, Ecobank and other banks. But wait oh, this guy no even do any forex trading like him talk at all. Na fraudulent gbege full everywhere!
The prosecution carry legal book come, talk say wetin Olayinka do dey against Sections of the Advance Fee Fraud and Other Related Offences Act and na serious matter. Olayinka no wan gree guilty at all, but the Federal Government dey push for am to dey go jail straight away.
As court dey listen to the matter, Olayinka lawyer don serve bill application wey him file on February 17, 2026, supported by affidavit wey him wife don sign. E be like say dem wan gree am bail, but dem still hold am for Ikoyi Correctional Centre make we see wetin go happen next.
Justice Aneke don tell dem make dem allow court clear the bail matter while dem plan for trial date. This case go be one wey we go dey follow sharply, because the way dis matter dey play, e fit shake ground for different people wey dey hustle on top forex investment.
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