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Woman, Defrauds Victims Of Over N100m, Spends N1m On Tithe

EFCC Arraigns Maina Over Navy Captain’s N9 Million

One, Nkechi Mercy Ikogwe has been arrested yesterday, alongside two companies she partnered with to defraud people to the tune of N179 million.

The company’s include Elites Finance Investment Limited and Efinc Global Investment Limited.

They were arraigned by the Economic  and Financial Crimes Commission EFCC, before Justice E.A. Obile of the Federal High Court sitting in Port Harcourt, Rivers State, over an alleged N179 million fraud.

EFCC arraigned them on a three-count charge bordering on conspiracy and obtaining money by false pretence contrary to Section 1(1) (a) of the Advance Fee Fraud and Other Fraud Related Offences Act No. 14, 2006 and punishable under Section 1 (3) of the same Act.

IKogwe was said to have used the sum of N139,704,097 out of the N179 million to play sport betting.

It was also noted that she paid a tithe of N1 million to a church in Port Harcourt.

One of the counts against the defendants read: “That you Nkechi Mercy Ikogwe, Elites Finance Investment Limited and Efinc Global Investment Limited sometime in 2019 in Port Harcourt, Rivers State within the jurisdiction of this honorable court with intent to defraud, obtained the sum of N179,326,386.62 by inducing unsuspecting members of the public to invest with your companies: Elites Finance Investment Limited and Efinc Global Investment Limited, assuring them under a false pretence of making 15% interest on all investment made, a representation you knew to be false, and thereby committed an offence contrary to Section 1(1) (a) of the Advance Fee Fraud and Other Fraud Related Offences Act No. 14, 2006 and punishable under Section 1 (3) of the same Act.

The Judge, Obile ordered that she should be kept in prosecution custody and adjourned the case till October 19, 2020 to determine bail application.

Mercy ran into trouble when the commission received a report about the defendant and two others, accusing them of inducing their victims into participating in a fraudulent investment scheme with a fake promise of 15 per cent return on investment

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