Kelly Nworgu, a real Estate Developer and owner of Livelihood Homes also known as De-Villa Homes will soon be charged to court for allegedly duping hundreds of prospective Land buyers of millions of Naira in Rivers State.
The Public Relations Officer of the Rivers State Police Command, Nnamdi Omoni, told newsmen that the command has concluded investigation on the allegation levelled against Mr Nworgu.
Omoni said that investigation showed that Nworgu diverted money paid to him for land sales to other uses and failed to deliver on the agreements.
Nworgu was rearrested after he jumped bail four weeks ago.
The police also released three others who signed bail bonds for the real estate developer.
Worgu was initially arrested after residents who invested in his real estate scheme reported him to the police.
They said that despite making financial commitments to his scheme, he failed on so many occasions to allocate lands they paid for to them.
The Police Image Maker explained that over 400 victims of the fake land sales are demanding for the return of their investment from the fraudulent land speculator.
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“He faces charges of Advanced Fee Fraud. As we speak it is clear that he won’t be able to meet his obligations to land subscribers and the number of his victims keep rising.
“So far, over 400 persons have presented their documents claiming that they paid money to him without given parcels land.”
The sureties to Kelly Nworgu had withdrawn their sureties on him after they were detained in the police cell for 3 weeks, while Kelly Nworgu failed to appear before the police in honour of his signed bail bonds after he was granted bail.
Speaking further, Omoni said that a traditional ruler of the community in which the said land was allegedly purchased from had admitted to collecting N40 million from Kelly Nworgu.
He said the traditional ruler will also to be arraigned in court with one person identified as Onome, an aid to Kelly Nworgu who assisted him for money laundering.
The Police say he will be arraigned in court later this week for 419 on charges of Advanced Fee Fraud.
Omoni also called on the youths to emulate hardworking men and shun the urge for quick money.
