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Ogun police arraign Oluwaseyi Olaleye and Tirisimiyu Balogun over alleged ₦11m fake cocoa and kola nut farmland sale

The Guardian (Nigeria) reported on 12 November 2026 that the Ogun State Police Command had finished its investigation into an alleged ₦11 million farmland fraud and arraigned two suspects, Oluwaseyi Oluwatosin Olaleye…

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Source: guardian.ng · published

Illustration: Jobs, prizes and offers scams

What happened

The Guardian (Nigeria) reported on 12 November 2026 that the Ogun State Police Command had finished its investigation into an alleged ₦11 million farmland fraud and arraigned two suspects, Oluwaseyi Oluwatosin Olaleye, 44, and Tirisimiyu Balogun, before the Federal High Court in Abeokuta. They face charges of advance fee fraud, money laundering and criminal conspiracy. Police spokesperson Oluseyi Babaseyi said that between June and November 2025, at Alawaya Village, Ehin Osun, the suspects and another person allegedly took ₦11 million from a buyer for 20 acres of cocoa and kola nut farmland at Apora Village. The land was never transferred and the money was not refunded. Police said Olaleye fled to Osun State before being arrested, and that a third person, Akinyosola Akinlamon, is still at large. The allegations are unproven and no pleas were reported.

How the scam works

A charge, an arraignment, a witness's testimony or a prosecutor's accusation is not a finding of guilt. People and companies named in these reports are accused, charged or, where the source says so, convicted or sentenced, and they are presumed innocent unless and until a court finds otherwise. Do not treat a news report or a press release as a substitute for a court judgment. If you think you were affected by the same kind of scheme, keep records and report them to the investigating agency named in the source, or to your local police and your bank.

Source

Source: https://x.com/GuardianNigeria/status/2120846569406685539 (@GuardianNigeria, Nov 12, 2026, 6:50 AM ET); https://guardian.ng/news/nigeria/metro/police-arraign-two-over-alleged-%e2%82%a611m-farmland-fraud-in-ogun/ (The Guardian Nigeria, 12 Nov 2026)

Red flags

  • A person or company is charged, arraigned or named in a complaint; that is an allegation until a court decides otherwise.
  • A request from someone claiming to 'help recover' money from a case you read about, especially if they ask for an upfront fee.
  • An investment, tax, charity or government programme that cannot be checked with the official agency.
  • Pressure to stay quiet, pay in cash or crypto, or send more money to 'unlock' a refund or a file.

If you were targeted

  1. 1Treat charges and testimony as allegations unless the source reports a conviction, a plea or a sentence.
  2. 2If you think you were affected, keep contracts, receipts and messages and contact the investigating agency or your local police.
  3. 3Be wary of anyone who contacts you offering to recover funds from a case in the news.
  4. 4Do not pay a tax preparer, contractor or investment 'opportunity' you cannot verify independently.

Romania indicts Calin Georgescu over alleged €1.1m fraud promising a €15m foreign credit line; wife denies charges

Reuters, via The Straits Times, reported on 12 November 2026 that Romanian prosecutors said they had indicted Calin Georgescu, the former frontrunner in Romania's cancelled 2024 presidential election, on charges of or…

  • Calin Georgescu; alleged promise of up to €15m credit line from a foreign financial institution
Reported Nov 12, 20261 report

ED files PMLA complaint naming 41 entities incl. ADEL Landmarks Ltd and ex-directors over alleged homebuyer fraud

India's Enforcement Directorate (ED) said in a post on 12 November 2026 that its Gurugram office has filed a prosecution complaint under the Prevention of Money Laundering Act, 2002, against 41 entities, including ADE…

  • ADEL Landmarks Ltd.; Hem Singh Bharana; Sumit Bharana; ED Gurugram PMLA complaint
  • India Enforcement Directorate / CBI financial-crime cases (12 Nov 2026)
Reported Nov 12, 20261 report
OtherReviewed

Special CBI court remands alleged Mahadev betting-app 'kingpin' Saurabh Chandrakar to judicial custody until 19 November

The Indian Express reported on 12 November 2026 that a special CBI court that day remanded Saurabh Chandrakar, the alleged kingpin of the Mahadev betting app case, to seven days of judicial custody, until 19 November.…

  • Saurabh Chandrakar; Mahadev betting app; special CBI court, Raipur
  • India Enforcement Directorate / CBI financial-crime cases (12 Nov 2026)
Reported Nov 12, 20261 report

Kerala police probe ₹2.11 crore loss to fake forex platform using the name 'Handtec Markets' via Telegram

The Hindu reported on 12 November 2026 that the Ernakulam Rural Cyber Crime Police registered an FIR on 11 November after a 41-year-old from Kochi who works in Dubai allegedly lost more than ₹2.11 crore in an online f…

  • 'Handtec Markets' (name used by scammers); Telegram groups; fake forex trading website
  • Fake Telegram investment or forex channels (12 Nov 2026)
Reported Nov 12, 20261 report