If everyone’s business activities are clean, they have nothing to be worried about. Even a real EFCC operative cannot intimidate you.

But Paschal Ugwu seems to know many business owners have skeletons in their cupboards and has decided to exploit this for massive gains.

According to the police, Mr Ugwu is an impostor who poses as a staff of the EFCC and by so doing, had been defrauding unsuspecting members of the public.

One of his latest victims was the CEO of Wire-My-Cake company whom he approached two months ago and accused of defrauding GTBank.

He further accused him that it was the proceeds of the fraud that he used in setting up his present company.

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Intimidation followed the accusations, at the end of the day, he obtained the sum of 805,000 naira from the victim.

Investigation was launched into the case by operatives of the command attached to Area ‘F’ Ikeja.

This led to the arrest of one Sodiq Ibrahim, a dismissed staff of Wire-My-Cake who connived with the suspect to defraud his former employer.

Paschal Ugwu met his Waterloo on Friday, October 5 at Ijegun, Isheri-Oshun, Lagos, after all investigation led to his arrest.

It was realised that Ugwu and Ibrahim allegedly took advantage of the pending case the company had with EFCC.

Both men are currently in police custody and will be charged to court at the end of investigation.

The Commissioner of Police has promised that with the help of residents, the police remain committed to fighting crime and criminal elements in the state.

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