EFCC prosecutes Nigerian-American over alleged $680,000 car import scam

The Economic and Financial Crimes Commission (EFCC) has arraigned a Nigerian-American, Oluwatobi Adegoke, over an alleged $680,000 vehicle import fraud.

According to PUNCH, Adegoke appeared before Justice Olubunmi Abike-Fadipe of the Lagos State Special Offences Court in Ikeja on October 8, 2026.

The commission alleged that Adegoke belonged to a United States-based syndicate that defrauded Nigerians through fraudulent vehicle import transactions.

Investigators claimed he advertised a 2024 Mercedes-Benz G63 AMG to prospective buyers, with two victims reportedly paying over $320,000.

However, the charge accused him of dishonestly converting $680,000 belonging to Ikechukwu Osita Ifeabunike in December 2024.

The money was allegedly transferred to his company, Omosco Auto Sales LLC, for a vehicle purchase.

Adegoke pleaded not guilty.

The prosecution requested his remand pending trial, while defence counsel sought EFCC custody.

Justice Abike-Fadipe ordered his remand at Kirikiri Correctional Centre and adjourned proceedings until January 13, 2027, for trial.