A house developer has duped over 200 people of about 50 million naira in a matter that has generated media interest and the intervention of the EFCC. The 2-storey building in Ilupeju is a brown building on Ibadan street off Tinubu road, off Ilupeju Street, is a newly completed building with at least 15 flats. The developer known as Alhaji Hassan or Qulaj Homes or L A Chicago collected house rents from at least 200 people starting from 150,000 naira to as much as 1.4 million naira. Monday, 31st of August was meant to be the opening day where tenants would lay claim to their flats but unfortunately, more than 200 people converged to witness one of the biggest modern real-estate scams in Lagos. The developer, along with his team of Ahmed, Otunba e.t.c. absconded and coined the Ilupeju Policemen with the help of the RRS squad to deter touts from tearing the building down. They also paid Ilupeju Area Boys to work with the police and maintain peace and orderliness as the workers put finishing touches to the house.
Work is ongoing but all the flats have already been occupied by people who had links to the military, touts, police, government e.t.c. LagosMet.Com noticed even the crew from Sterling Bank did not stand a chance in the scam romance.
Now the highlights.
The developer “Hassan alias Chicago met the head of the family in a bid to demolish the old family bungalow and build a lucrative 2-storey on it and maybe collect rentals for 6 years before handing the property over to the family. LagosMet.Com was told that the family agreed to this, verbally, without signing any papers and the original documents are still with the head of the family. Most houses on Ibadan street belong to families (not one person). The developers practically collected money from people to fund the building project and had been doing this since October 2008. In a nut-shell, most of the money went into building the new house while some went into a similar project at a site not far from the present calamity. NTA and SuperScreen were at the site yesterday and it was on the news on TV last night.
This should serve as a warning as fraudulent people are still driving people to the site and collecting money from them, issuing fake receipts. The present list has been forwarded to the EFCC and Alausa, the Ilupeju Police could not offer much in terms of information but it is widely believed that he carried out the fraudulent acts with the connivance of some top Ilupeju police officers.
www.LagosMet.ComWhether the house would be sold to pay back the funds of hundreds of stranded tenants remains to be seen but it looks like the only way out of this mess.
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