The latest is the arrest of Pastor Felix Olu Fadare of the Redeemed Christian church of God, Fullers Field Parish in Ajah area of Lagos over his alleged involvement in the massive scam.
Pastor Olu Fadare was arrested in his hideout after the police trailed him following a petition against him by one of the victims, Kehinde Ola.
According to police, the pastor allegedly conspired with Adeola Ajidahun and defrauded Kehinde Ola to the tune of N30m under the false pretence of selling some plots of land at the same resettlement in Lagos.
Ajidahun, who resides at 89, Karimu Laka Street, Egbeda and Pastor Fadare brandished 'fake' documents to convince Ola and later took him to the area in Lekki and showed him the parcels of land.
Ola, who did not suspect any foul play, paid for the land through his bank.
Unknown to Ola, the land sold to him belonged to another family in the area.
According to PM News, Ola was not the only person Ajidahun and Pastor Olu Fadare allegedly defrauded over the land. Another victim, Tony Ezeoke, also lost over N10 million on the same land.
Ezeoke was sold a parcel of the land marked by the state government as road leading to the area.
When Ola discovered the fraud, he petitioned Anti-Special Fraud Unit, SFU, and Ajidahun was first arrested and charged to court.
During investigation, the police also discovered that the suspects had allegedly swindled many other victims and was using Pastor Olu Fadare as estate agent to defraud victims.
Consequently, Pastor Olu Fadare was arrested last week and charged to court with conspiracy, obtaining under false pretence and stealing under the Criminal Code.
When Fadare was arraigned, he pleaded not guilty.
The presiding Magistrate, Mrs A. O. Awogboro admitted him on bail in the sum of N5m with two sureties in like sum. The sureties must provide evidence of tax payments for three years.
Sadly, Pastor Olu Fadare was remanded in Ikoyi Prison pending when he would be able to meet his bail.
The case has been adjourned till 3 February, 2016, for trial.
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