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Lupen NG

24.07.2022 Featured Third Victim Accuses Lupen NG of N409,000 Fraud

Published 24th Jul, 2022

By Basit Jamiu

Joseph Harry (not real name), another victim of Lupen NG, has narrated how the e-commerce automotive platform defrauded him of N409,000 after applying for a car loan on July 16.

Harry, a Lagos-based event planner, told FIJ that he had wanted to start a business and had reached out to Lupen NG to know how he could apply for a car loan.

READ ALSO: How Lupen NG Stole N700,000 From Bar Manager Before Changing Its Name To AutoCar NG

“I wanted to start a business venture and I went on Instagram and I saw that Lupen NG was into car financing. The car deal was that I would bring 30 percent while they would also bring 30 percent and then the payment would be stretched into two or three years. I was interested because it was a good deal, particularly the instalmental repayment plan,” he said.

Harry told FIJ that Lupen NG asked him to open a PAGA account and deposit his first payment into it. The down payment was N600,000, and he paid N409,000 into the account. He said he intended to deposit the balance a few days later but the money was debited.

The N409,000 debit
The N409,000 debit

READ ALSO: ALERT: Fraudulent E-Commerce Platform Lupen NG Migrates to Autocar NG

“I was able to raise N409,000 and I was already planning to pay the balance before the money vanished from the PAGA account. How did I find out? I got a mail that I activate my account and I was surprised because I had already done so. So I checked my PAGA account and saw that the money was no longer there, ” Harry said.

Harry told FIJ that he sent a message to PAGA and Wema Bank, where the money was moved into, but he was yet to receive any positive response.

Harry's message to PAGA
Harry’s message to PAGA

PAGA said the fraud unit of Wema Bank was yet to respond to their email about the unauthorised debit. Wema Bank has not responded to me,” said Harry.

FIJ made several calls to Lupen NG, PAGA and Wema Bank but they were not answered. Emails sent to them had also not been responded to at press time.

FIJ had reported how David Adeosun, a Lagos resident, and Opeyemi Adeosun, a flight attendant, lost N500,000 and N750,000 respectively to Lupen NG.

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Published 24th Jul, 2022

By Basit Jamiu

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