{
  "id": 19729042,
  "title": "EFCC arraigns bizman for allegedly defrauding investors of £122,000",
  "url": "https://urgent.news/2026/11/13/efcc-arraigns-bizman-for-allegedly-defrauding-investors-of-122-000",
  "topic": "world",
  "section": "World",
  "published": "2026-11-13T00:06:51.000Z",
  "source": {
    "name": "Punch",
    "slug": "punch",
    "url": "https://punchng.com/efcc-arraigns-bizman-for-allegedly-defrauding-investors-of-122000/"
  },
  "original_language": "en",
  "account": null,
  "summary": "The Economic and Financial Crimes Commission (EFCC) has arraigned businessman Ashley Segun Oshin before the Lagos State High Court on charges of defrauding investors of £122,000. Oshin was charged with obtaining money by false pretence, in violation of Section 1(3) of the Advance Fee Fraud and Other Fraud Related Offences Act, 2006. The EFCC alleges that Oshin deceived two individuals, Miss Oluwafemi Fajana and Mr Abiodun Adeogun, into parting with the funds under the guise of an investment in a debenture fund operated by Oschards Limited, promising an annual return of 40%, which the commission claims was false. Oshin pleaded not guilty, and the court ordered him to be remanded in a correctional centre pending further proceedings, with a trial date set for November 18, 2026.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}