Man bags 2 months in jail for investing customer’s money in MMM

Man bags 2 months in jail for investing customer's money in MMM

An Abuja court has sentenced a 38-year-old man identified as Hassan Joshua, to two months in prison for criminal breach of trust and cheating.

He was arraigned for having invested a customers N43,000 in the Ponzi scheme, MMM and was unable to pay back.

While addressing the court, the prosecutor, Zannah Dalhatu said one Mr. Fagbo Tubosun of Gwarimpa Estate who reported the case at Gwarimpa Police Station on February 7 said he paid the sum to Joshua in October 2016 to construct a water tank and doors.

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“After collecting the money, he refused to do the work and he absconded to an unknown destination,’’ Dalhatu who also noted that Joshua’s offence is punishable under Sections 312 and 322 of the Penal Code said.

Joshua, a welder, who resides at Nimasa Estate, Gwarimpa, Abuja, confessed to the crime saying he paid the money into the money doubling scheme, Movrodi Mondial Movement (MMM).

In delivering his judgement, Alhaji Abubakar Sadiq, the Karmo Grade 1 Area Court judge ordered the convict to pay N430,000 to the complainant, he also gave him N10,000 option of fine and warned him to desist from committing crime.

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