July 28, 2017

Man jailed for investing customer’s N430,000 in MMM

 

A 38-year-old welder has been jailed after investing his customer’s N430, 000 in MMM.

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The judge of the Karmo Grade 1 Area Court, Abuja, Alhaji Abubakar Sadiq, yesterday, sentenced the welder to two months imprisonment, with the option N10,000 option of fine of fine for criminal breach of trust and cheating, bordering on failure to pay back customer’s N430,000. The welder, who resides at Nimasa Estate Gwarimpa, Abuja, said that he paid the money into the money doubling scheme, Mavrodi Mondial Movement, MMM.

According to Vanguard, the prosecutor, Zannah Dalhatu, told the court that one Mr. Fagbo Tubosun of Gwarimpa Estate reported the matter at Gwarimpa Police Station on February 7. Dalhatu said that in October 2016, the convict was given the money to construct water tank and doors. “After collecting the money, he refused to do the work and absconded to an unknown destination,’’ he said. The prosecutor said that during police investigation, Joshua confessed to the crime.

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