Egbegbe, the director of Midnight Creation, purportedly swindled the BDC administrators by professing to have naira to trade for unfamiliar money as well as the other way around.

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The movie producer was blamed for cheating the BDC administrators by professing to have naira to trade for unfamiliar monetary standards as well as the other way around.

As indicated by the Lagos State Police Order, he cheated his survivors of N39,098,100, $90,000, and £12,550.

In February 2017, the ex-manager of Coal black Creation was summoned close by one Oyekan Ayomide before Equity Oluremi Oguntoyinbo on 36 charges of advance free misrepresentation.

As per the examiner, Guiltless Anyigor, Egbegbe and different litigants disregarded Segment 8 of the Development Charge Extortion and Other Related Offenses Act 2006 and are culpable under Segment 1(3) of a similar Demonstration. His charge sheet was subsequently changed two times, with the count ultimately arriving at 40.

Be that as it may, Egbegbe was delivered on October 11, 2022 subsequent to serving 68 months in jail. Subsequent to assessing his case, Equity Oluremi Oguntoyinbo of the Government High Court in Ikoyi viewed the chief to be very muchliable of only one of the 44 means something negative for him. As indicated by the adjudicator, 43 of the 44 cases were excused because of an absence of observers to back up their allegations.