$250,000 Fraud: Indian National Gets  22-Years Jail Term

 A Lagos High Court, Igbosere today, sentenced an Indian national, Mr Sandeep Gogia to 22 years imprisonment by  a for defrauding a Nigerian Company the sum of  250,000 US dollars.

The trial judge, Justice Lateef Lawal-Akapo sentenced the convict after he found him guilty on the fraud charge brought against him and his company, Eastern Metal Limited by the Economic and Financial Crimes Commission (EFCC).

 The anti-graft commission arraigned him alongside the company on three count charge and he pleaded not guilty.

While delivering his judgement, the judge found Gogia guilty of conspiracy, obtaining under false pretence and freed him on allegation of stealing.

 Justice Lawal-Akapo  therefore sentenced him to seven years imprisonment on the charge of conspiracy and 15 years on second count charge of obtaining money by false pretence.

 He said that the sentence to run concurrently from October 25, 2018.

The judge however freed him on the third count charge of stealing, ordered him to him to pay restitution of N59,750 million to the victim. “The second defendant, Eastern Metals Limited to be wind up and the asset be forfeited to the Federal government.”

The Commission  alleged that Gogia with one Mr. Arun Goswani who is at large defrauded by obtaining the sum of 250,000 US dollars from Boars Communication Limited under the pretence of having naira equivalent of the amount.

Grocia was said to have committed the offence whilst being the Chief Operating Officers (CEO) of Eastern Metal Limited sometimes on July 2015.

EFCC said the offence committed by the convict borders on stealing, obtaining money by false pretence and stealing contrary to section 2015 and 2015 of the Criminal Law of Lagos State 2011.

 The anti-graft further told the court that the offence contravenes section 1 of the Advance Fee Fraud and Other related Offences Act No 14, 2006.