Police Thwarts Attempt By Fraudsters To Defraud Femi Otedola |The Republican News

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Operatives of the Special Fraud Unit (SFU) in Lagos have arrested a man, Babatunde Oyedepo, for allegedly attempting to swindle a businessman, Femi Otedola.

Oyedepo, 23, was alleged to have threatened the complainant and other high profile Nigerians through a website,, demanding huge sums of money.

The suspect, who lives on  Sixth Avenue in Festac Town, Lagos was alleged to have posted a superimposed nude picture of a lawyer on his website, claiming that she had been sleeping with her boss and other clients.

According to the police, the suspect demanded N3.5million from the lawyer to remove the picture from the site, but the victim could not raise the money.

A source said: “The victim had allegedly told the suspect that she has no such money in her account and that the picture posted on the website had cost her, her job, marriage and social life. The lawyer is among the three different persons who petitioned the suspect.”

Spokesman for SFU, Lawal Audu, an Assistant Superintendent of Police (ASP) said the suspect had three different cases pending before the unit, adding that the first two involved fraud and threat to life.

According to him, on October 19, one Dapo Balogun reported a case of extortion, black mail and threat to life against the suspect.

“The complainant claimed that the suspect had posted on a story alleging that he had worked with former Petroleum Minister, Deziani Allison-Maduekwe and that throughout the period he had fraudulently acquired huge sum of money.

“The complainant also claimed to have received a mail from the suspect, informing him that he should pay an undisclosed amount running into millions to enable him remove the provocative story from the site.

“He alleged that since then he had been receiving threat messages from unknown callers demanding huge sum or risk being kidnapped.

“The second complainant is Femi Otedola. He claimed that the suspect posted an annoying story on the same accusing him of sleeping with different girls in his office.”

“The suspect has another fraud case pending at the Federal High court.”

But Oyedepo denied being responsible for the actions, insisting that he was framed by the owners of the website which he only designed.

The school dropout, who claimed to be a website designer, said that he was contacted through email to design the website.

He said: “I design websites for people and after designing the site I will include my contacts in the website to attract other customers. I was arrested through my contact on” The Nation

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