One of the charges alleges that Shuaibu, also known as Ishaku Abdulrazak, and the late Ilya Garba conspired in 2017 to commit fraud by obtaining money under false pretenses. This charge is in violation of Section 8(a) of the Advance Fee Fraud and Other Fraud Related Offences Act, 2006, punishable under Section 1(3) of the same Act.

Another charge specifies that in 2018, Shuaibu fraudulently obtained N47,050,000 (Forty-Seven Million and Fifty Thousand Naira) from one Faisal Safiyanu. Shuaibu claimed he would supply petroleum products, a promise he did not fulfill, thus committing an offence contrary to Section 1(1)(a) of the Advance Fee Fraud and Other Fraud Related Offences Act 2006, also punishable under Section 1(3) of the same Act.

Shuaibu pleaded "Not Guilty" to all charges when read in court. Consequently, prosecution counsel M. Lawal requested the court to set a trial date. Shuaibu's counsel, AbdulKareem Audu, did not file a bail application, leading Justice Khobo to order Shuaibu's remand in EFCC custody.

Shuaibu’s legal troubles began in 2017 when he fraudulently posed as the Group Executive Director of NNPC, promising to help his victim acquire over 2,000 liters of petroleum products. The victim transferred the payment to Shuaibu’s bank accounts in installments. However, Shuaibu neither delivered the products nor refunded the money.