Fake Charity: EFCC Arrests Two for N21m Fraud in Kaduna
The Kaduna Zonal Command of the Economic and Financial Crimes Commission has arrested the duo of Michael Yusuf Michael and Martha Daniel
, promoters of MYM123CARE, for allegedly obtaining money by false pretence.
Their arrest followed a petition alleging that the suspects on the pretext of providing aid to the needy, solicited for funds from the general public through the Foundation but converted the proceeds to personal use.
Investigation revealed that on 22nd March, 2021, Yusuf Michael posted a video of a woman with breast cancer and solicited for donation from public-spirited individuals who responded by donating money into MYM123CARE’s account domicile in a first generation bank. The account which was in the red, had by March 26, 2021 recorded a credit balance of N21, 515,962.75k.
Wilson Uwujaren, Head, Media & Publicity in a statement made available to Daily Global Newspapers said, the woman for whom the fund was supposed raised later died in the hospital.
The suspect upon receiving the monies, went on a spending spree, transferring various sums to third-parties who used the monies to purchase various properties ranging from real estate, automobiles and electronic equipment.
The suspect will soon be charged to court..