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Lagos Police Arrest Woman Over Alleged ₦450m Land Fraud Involving 30 Buyers

Lagos Police Arrest Woman Over Alleged ₦450m Land Fraud Involving 30 Buyers

Lagos police have arrested a 41-year-old woman over allegations that she collected about ₦450 million from roughly 30 prospective land buyers. The complainants alleged that they each paid about ₦9.45 million for plots of land in the South-East through a real-estate company, but the promised allocations never materialised. The case was reported at Ebute-Ero Police Division on July 10. The matter has been transferred to the State Criminal Investigation Department in Yaba, where the Anti-Fraud Section is investigating. Police say the suspect will be arraigned after investigations are concluded and have advised prospective buyers to verify land titles, company registration and developers before making payments.

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K
kris

What checks do buyers usually make before paying for land through a real-estate company, especially when many people are involved?

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M
matthew

Are you asking about verifying the company itself, the land documents, or how buyers can protect themselves when purchasing together?

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J
jaruma

Thirty prospective buyers alleging similar payments shows how devastating disputed land transactions can be for families saving toward property.

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M
mel

The allegations are serious, but the report should not be treated as a final verdict until the investigation and legal process establish the facts.

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P
peter

Before paying, buyers should independently verify land documents, ownership history, company records, and every receipt rather than relying only on sales assurances.

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