A marketer with Mutual Benefits Assurance Plc,

Oshogwe, 30, who resides on Ilaje Road, Bariga, Lagos, is facing a three-count charge of fraud, forgery and stealing.

According to the prosecutor, Insp. George Nwosu, the accused committed the offences on Feb.30 at Ilupeju on Ikorodu Road, Lagos.

He said the accused  obtained the money from the complainant, Mr Fidelis Obanor, for a comprehensive motor insurance policy.

“The accused, being a marketer with the Mutual Benefits Assurance Plc, collected N120, 000 from the complainant but failed to remit the money into the company’s account.”

Nwosu said the accused forged a receipt and a certificate that he gave to Obanor.

“The fraudulent act was discovered when Obanor went to the company to verify the authenticity of his policy.

“After verification, it was discovered that the customer’s name was not in the company’s record and that the document submitted by him was forged,” he told the court.

The offences contravened Sections 285, 312 and 363(3) of the Criminal Law of Lagos State, 2015 (revised).

The News Agency of Nigeria (NAN) reports that Section 312 prescribes a 15-year imprisonment for offenders.

The accused, however, pleaded not guilty to the charge.

Ruling on the bail application of the accused, the Magistrate, Mr A. A. Adesanya, granted him bail in the sum of N100, 000 with two sureties in like sum.

He adjourned the case to March 29 for mention.