Barrister Olanrewaju Bolaji Otukoya, the 53 years old son of King J.B. Otukoya, Fiwagbade I, the Oligun of Ilugun , Ogun State, has bagged 5 years in jail over his involvement in a £1.8 million scam.
The convict, who skipped bail and fled the UK to Nigeria, was sentenced at the Old Bailey, on Friday, October 12, following an operation led by the Dedicated Card and Payment Crime Unit (DCPCU).
Otukoya headed up the Luton-based gang that committed £1.8 million of fraud by intercepting cheques in the post that were intended for local businesses. He failed to answer his police bail in July 2014 and absconded to Nigeria. .
He was, however, traced and extradite him back to the UK after an approval by a Nigerian court in April, 2018. Otukoya, who has several previous convictions for fraud, pleaded guilty to conspiracy to defraud users of Royal Mail Postal Services. .
Two other members of the gang, Moshin Abbas and Anjam Shah, were recruited by Otukoya to abuse their positions as workers at a Royal Mail sorting office by stealing post containing cheques destined for local companies. .
The intercepted cheques, worth over £1.8 million in total, were then paid into business bank accounts that were set up and controlled by Otukoya, using similar names as the target company. .
Abbas and Shah were sentenced in 2016 to four years and five year and three months imprisonment respectively.