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Crime and Investigation

Nigerian-Born UK City Trader Jailed For Attempting To Run Over His Creditor (Photo)

Wisdom Nwedene
Last updated: September 26, 2017 8:29 am
By Wisdom Nwedene - Journalist
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9 Min Read
Elijah Oyefeso1
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City trader who claimed to be a self – made millionaire has been jailed after he tried to mow down a man he owed money to .

As reported by the Mail Online , cash- strapped Elijah Oyefeso , 23, attacked creditor Dennis Ofosu during a row over a debt , outside the Goals soccer centre in Southampton.

Oyefeso , who once boasted that he earned £ 90, 000 – a -month, was said to owe Mr. Ofosu cash after borrowing it to buy a Land Rover.

The self- taught trader was heard telling his victim : “ If you were in London, I would kill you , ” before ramming his Toyota Prius into the ex -soldier and throwing him onto the bonnet .

Oyefeso , from Camberwell , south London, was jailed for two and a half years after being convicted of dangerous driving and possessing a weapon in a public place , at Southampton Crown Court.

The trader has previously boasted of his luxurious lifestyle on social media , posing alongside a fleet of sports cars in a series of smug snaps . He flaunted his wealth to his 30 , 000 Instagram followers , showing off a gold Lamborghini Gallardo , Rolls Royce Wraith and Bentley Continental.

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Oyefeso also featured in the Channel 4 TV show ‘ Rich Kids Go Shopping’ , in which he was filmed as he traded online, making £ 1 , 000 in just 15 minutes .

But , Jamie Gammon , defending, said that while his client conveyed a champagne lifestyle online, his finances told a drastically different story.
He told the court: “ He makes a number of claims about his wealth , but I have seen no evidence of this .

“ Clearly, if he had this money , he could have written a cheque to the victim . ”

Judge Christopher , Parker QC , condemned Oyefeso ’ s actions and accused him of lying about his business acumen and wealth .

He said : “ You portrayed yourself as a very successful trader within the financial market . Clearly, this is not the case . ”

Richard Martin , prosecuting, said Mr. Ofosu had loaned money to Oyefeso so he could purchase a new 4 × 4 to add to his fleet of top – of – the – range cars. But when he asked for his money back , furious Oyefeso got behind the wheel of his car in effort to knock him over .

Mr. Martin said : “ Oyefeso ’ s friends said to him , ” Why don’ t you get rid of this waste man ?”’ Oyefeso then drove into the victim who ended up on the bonnet of his car .

Mr. Martin said : “The victim grabbed on to the windscreen wipers . Oyefeso said , ” I told you I would kill you ’ and his friends told him to stop.
“ He put the windscreen wipers on and the victim ended up on the grass . ”

Oyefeso , who claimed he started his trading company with a student loan after dropping out of Buckingham University, represented himself at the trial .

Judge Parker told the defendant: ‘ The victim came off the bonnet of your car and landed on the dual carriageway of a major road . Mercifully, he was not seriously injured .

“ It was very dangerous and he could have been killed or badly injured . ”

Oyefeso also had a string of convictions for motoring offences since 2013, including five counts of driving without insurance, five counts of failing to identify a driver and four for speeding.

Many of these had taken place before he passed his driving test last year . The court heard he also had a stun gun, meaning he was in breach of a suspended sentence for the possession of one in a public place in 2015.

Oyefeso was jailed for 12 months for dangerous driving , and 18 months for possessing a weapon in a public place to run consecutively. He was also banned from driving for three years and three months .

In addition to his Instagram account , Oyefeso also has 15, 000 followers on Twitter , where his bio describes him as being a ‘ Trader by day , film producer and car connoisseur. ’

He has reportedly claimed to earn as much as £ 90, 000 a month, even though he says he sometimes only works an hour a day. This was through a form of stockbroking called binary trading , in which the investor bets on whether the share price of a company will go up or down over a given period , which can be as short as a minute .

Video clips on his Instagram has shown him buying a £ 230 , 000 Rolls Royce for his mother , turning up at the dealership in a cream bathrobe.
There was also a video tour of his six – bedroom home in Chilworth, worth in excess of £ 1 , 000 , 000 , where he shows off his king – size bed ‘ for the king ’ .

At the end of the video, made in the style of MTV show ‘ Cribs’ , he goes ‘ scouting’ for a jet plane and arrives at an airfield where he poses on the bonnet of his Rolls Royce with an aircraft in the background .

After building his profile online, he set up DCT Training Group and encouraged people to invest with him . On the company ’ s website , it described him as the founder of DCT – which stands for ‘ Dreams Come True . ’

In his own words he says : “ Four years ago, I was delivering and making pizzas at my local restaurant. When I was 18, I taught myself the basic of trading in my spare time and it wasn ’ t long before I realised the potential .

“ I could trade during my lunch break and make almost as much as my weekly wage . I quit my job and Uni and took a massive risk by investing my student loan into trading .

“ I hit a few bumps along the way but was able to achieve huge success after mastering risk management and a few key strategies. Now I want to help others do the same .

“ Me and a few other professional traders have formed DCT, Dreams Come True . We analyse the markets for you and send signals straight to your phone , allowing you to follow our exact trades and mimic our success.

“ Signals are sent daily and and will help everyone from a beginner trader with no experience to a day- to – day trader looking to use our signals as an extra confirmation or advisory to their strategy . ”

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ByWisdom Nwedene
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