N805.5 Million Advance Fee Fraud trial involving three directors adjourned to Nov 2025. Defendants accused of scamming firms under false food invoice claims
N805.5 Million Advance Fee Fraud is at the center of a high-profile case adjourned by the Federal High Court in Lagos to 13 November 2025.
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The trial involves three directors and their firms, accused of orchestrating a massive advance fee scam under the guise of food invoice financing.
The defendants Manoj Kumar, Jadoun Jayver Singh, and Amit Singh are directors of Alpha Foodteck Nigeria Limited, Belofte International Limited, and Belofte Nigeria Limited.
They are alleged to have conspired with others, now at large, to defraud BASCHE Limited and CAPSA Technology Limited of ₦805,545,322.00.
According to the charge filed by Barrister M.A. Animashaun of the Force Criminal Investigation Department, the alleged fraud occurred in November 2021 at 29 Adeyinka Street, Ilupeju, Lagos.
The accused allegedly promised to use the funds for food invoice financing but failed to deliver after receiving the money.
The charges include conspiracy and obtaining money under false pretence violations of the Advance Fee Fraud and Other Fraud Related Offences Act of 2006, and the Criminal Code Act, Cap C38.
The court adjourned the matter to allow further deliberations and continuation of proceedings.
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Legal experts say the outcome of this case could set a critical precedent in Nigeria’s fight against corporate financial crime.
