Grandpa arrested for producing fake dollars worth N3m.


Hycienth Nwogu, 60, has been arrested for allegedly producing dollars worth N3m and defrauding residents of the Ogba area, Lagos State. Nwogu, a father of five children and grandfather of three, said he ventured into the “washing” of fake dollars to make ends meet.


The Abia State indegene used a rented apartment on Abimbola Street, College Road, Ogba, for illegal production of the dollars. He would ask his victims to buy some goods from overseas, and thereafter offered to get dollars for them to pay for the goods.

The suspect allegedly gave his victims the fake dollars. Hellen Olajide, who was defrauded of about N1.95m, reported the matter to the police and Nwogu was thereafter arrested with fake dollars worth N3m, chemicals and water drums allegedly used, were recovered from him.

The grandpa said he began the business four years ago. Nwogu said,

“I want the government to forgive me. I collected N10,000 from my first victim, N30,000 from my second victim and N50,000 from another. I have three persons working with me; I used the money to solve my family problems.”


Narrating her experience, Olajide, said:

“I was returning from work on that day, when three men accosted me and said I should follow them to a place to transact business. They said they were into importation and exportation of goods such as computer sets and Brazilian hair.


I am sure they used some charms because it was after paying money the third time into a bank account I was given that my senses came back. It was after a month that I cried to the police for help. I want the syndicate to return my money, which is N1,992,000.”


Yes, I'm sure they used charm on this victim as I am aware of several cases like this.
Credit: Punchng

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