Two alleged MMM agents appears in Court for cheating

Two alleged MMM agents appears in Court for cheating

- Two alleged MMM agents have been remanded for breach of trust and cheating

- They were both alleged to have collected N429, 000 to invest in MMM

- The accused were charged with criminal breach of trust and cheating, offences that contravened sections 312 and 322 of the penal code laws

Two alleged MMM agents appears in Court for cheating

He said that the accused were charged with criminal breach of trust and cheating, offences that contravened sections 312 and 322 of the penal code laws

Two middle-aged persons, Debora Fojo and Musa Garba on Friday appeared before a Malumfashi Chief Magistrates’ Court in Katsina state for breach of trust and cheating.

The two were accused of collecting N429, 000 to invest in an online business called MMM.

Fojo and Garba are residents of Government Girls Secondary School Malumfashi Quarters and Unguwar Danyawa village in Kafur local government area respectively.

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According to the separate First Information Reports (FIR) read to the court, Fojo allegedly collected N229, 000 from one Sani Salisu of Unguwar Sodangi in Malumfashi to invest in the scheme.

Garba, on the other hand collected N200, 000 from one Adamu Aliyu of Gangarawa also in Malumfashi to invest in MMM.

The Police Prosecutor, Insp. Sani Ahmed, told the courts that the accused deceived the complainants with a promise that business would provide 30 percent returns within 30 days.

He said that neither the original money nor the interest were returned to the complainants after the expiration of the agreed period.

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He said that the accused were charged with criminal breach of trust and cheating, offences that contravened sections 312 and 322 of the penal code laws.

The two accused persons, however, pleaded not guilty to the charges.

The Chief Magistrate, Lawal Usman adjourned Fojo’s case till April 11, while that of Garba was moved to April 18, for mention.

He ordered that the two accused persons be remanded in prison custody.

Meanwhile, since the fiasco of December 2016, interest in the MMM scheme has waned as many lost money in the scheme, while others become more wary of it. However, there seems to be some good news on the horizon.

According to a post on the MMM Nigeria Support group, the scheme is set to pay back the money put in between November and December 2016 without the bonuses.

However, many critic insist MMM is fraud. Hence, in this video by NAIJ.com, some Nigerians say MMM is a 419 scheme.

Source: Naija.ng

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