The many controversies of Nollywood filmmaker and producer, Olajide Kareem, alias Seun Egbegbe, may have come to an end as he was on Wednesday convicted for fraud by a Federal High Court in Lagos.
The verdict comes after the controversial socialite cum film maker had spent six years and eight months in prison custody.
Recall that the 45-year-old controversial figure in the Yoruba movie industry, was arraigned by the police for alleged fraud involving N39m; $90,000 and £12,550, N39,098,100, respectively.
Egbegbe was remanded on February 10, 2017, after allegedly obtaining money by false pretence from no fewer than 40 Bureaux De Change operators in different parts of Lagos for over a period of two years between 2015 and 2017.
He was accused of swindling the BDC operators by claiming that he had naira to change into foreign currencies.
Out of 44 count charges against him, Egbegbe was found guilty of only one count, Count 19 and was sentenced to seven years imprisonment.
However, because he had already served six years and eight months in detention, the judge ordered his release.
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