Lagos Police Expose Car Fraud Gang That Allegedly Conned Dealers of Over N1 Billion
The Lagos State Police Command has dismantled, at least partially, an auto fraud syndicate that allegedly defrauded car dealers of over N1 billion through three separate but connected scams involving exotic vehicles. The operation was announced on Tuesday by Commissioner of Police Tijani Fatai at the Command Headquarters in Ikeja. The investigation, led by detectives from the State Criminal Investigation Department at Panti, began after complaints from multiple car dealers whose vehicles had disappeared along with the buyers' promised payments. The syndicate's operational pattern, once investigators mapped all three cases, was consistent enough to confirm they were dealing with one network rather than isolated incidents. The suspects identified bogus car buyers, obtained vehicles from reputable dealers using postdated cheques that were later dishonoured, moved the cars quickly to third-party buyers across Lagos, Abuja, and other parts of the country, and used middlemen to insul...
