Nigerian Billionaire Stock Trader, Elijah Oyefeso Sent To Jail In UK For Refusing To Pay His Debt

City trader who claimed to be a self-made millionaire has been jailed after he tried to read more......
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.

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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.
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.

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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.

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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.

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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.

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“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.”
(DailyMail)