The Economic and Fiscal Crimes Commission, EFCC, has arraigned the registered trustee of Micheno Multi-purpose Cooperative Society, Uno Michael Eke just before Justice Simon Amobeda of the Federal Superior Court, sitting in Calabar, Cross River Point out.
He was arraigned on a 74-count charge, for allegedly getting around N320 million (3 Hundred and Twenty Million) by false pretense from innocent Nigerians.
Tony Orilade, Performing Head, Media & Publicity for the anti-corruption company reported Eke, allegedly defrauded his victims as a result of an alleged ponzi scheme by inducing his victims to invest in his Swissgolden deals, through his enterprise, Micheno Multi-intent Cooperative Culture, beneath the false pretence of spending them 80 per cent return on investment decision inside of just 40 days.
With this engaging bait, Eke duped so many people through the scheme, and when his traders commenced contacting for their capitals and anticipated desire, he made himself unreachable, each by telephone and in particular person.
One particular of the charges from him reads: “That you, Uno Michael Eke (currently being the president/main government officer of Micheno Multi-objective Cooperative Modern society) and registered trustees of Micheno Multi-reason Cooperative Modern society (MMCS) on or about the 12th working day of July, 2018 in Calabar within the jurisdiction of this honourable court docket, with intent to defraud, did get the sum of Forty-7 Million Naira (N47,000,000.00) from a person Briggs Nimi Osim by inducing her to make investments identical into your Swissgolden deals by way of your Micheno Multi-goal Cooperative Society Ltd, below the false pretence of paying out her 80% as return on financial commitment on her principal sum on the fortieth day of her financial investment, which pretence you realized to be phony and thus committed an offence opposite to Part 1 (1) (a) of the Progress Price Fraud and Other Fraud Related Offences Act, 2006 and punishable below Section 1 (3) of the exact Act”.
He pleaded not guilty on all fees.
In look at of his not responsible plea, the prosecution counsel, T. N. Ndifon, prayed the court for a demo day and for the accused particular person to be remanded in prison custody.
The defendant was remanded in prison custody, while the make a difference was adjourned to June 13, 2019, for the listening to of the bail application.
It could be recalled that Eke had previously been arraigned by the Fee on two independent rates of alleged fraud of N200 million and N301.2 million respectively. He is currently in prison custody, even as extra victims of his ponzi scheme carry on to throng the Uyo Zonal Business office of the Fee with petitions that allege how Eke gathered revenue from a person person to shell out the other only to renege when he could no for a longer time maintain his tips.
