Lagos State Police Command has arrested two men, Adekunle Adeniyi, and Faleke Fijabi, for allegedly defrauding a Lagos-based businessman, Sunday Adeleke, of the sum of N700,000.

The command described the two suspects as members of a syndicate that had been defrauding their victims in Ikorodu on the pretext they could double their money for them.

According to the command, the syndicate were operating from a shrine located inside a forest in Imota, on the Ikorodu-Ijebu Ode expressway.

Commissioner of Police, Imohimi Edgal, who confirmed the arrest, said the command received information from a member of the public that some persons had been sighted going from one compound to another at Imota-Ikorodu, promising unsuspecting members of the public they had the capacity to double money.

Edgal said based on the strength of the information, operatives from the Federal Special Anti-Robbery Squad (FSARS ) at Ikorodu mobilized to Imota and apprehended the suspects.

He said, “During interrogation, the suspects confessed to the crime. They also took the team to their shrine inside the forest at Imota where four treasure boxes containing some charms were recovered.

“The suspects also confessed that they had successfully defrauded one Sunday Adeleke of the sum of N700,000. Investigation is ongoing with a view of arresting other members of the gang who are presently at large.”