A prosecution witness, Ziad Abu Zalaf, on Thursday told the Special Offences Court sitting in Ikeja how suspected serial fraudsters, Fred Ajudua, defrauded him of $550,000 25 years ago.

Ajudua and his accomplice, Joseph Ochunor, are facing a 12- count charge of fraud and conspiracy before Justice Mojisola Dada.

However, the accused had denied the charges preferred against him by the Economic and Financial Crimes Commission (EFCC).

The Palestinian, who is a second prosecution witness in the ongoing trial of Ajudua, told the court how he met the accused.

Zalaf told the court he discovered that Ajudua is a serial fraudster through a BBC documentary where some of his victims recounted their ordeal in the hand of the socialite.

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