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How Another Ponzi Scheme Scammed Nigerians And Fled With N27 Billion

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Thousands of people in Cross River State, have lost about N27billion to fraudulent activities of a network racket, even as five investors have lost their lives following inability to cope with their losses. .

The depositors with Micheno Multipurpose Cooperative Society (MMCS) started counting their losses, after it was discovered that the president of the Cooperative Society had made away with billions of naira belonging to investors.

The wonder bank, operating under the name, Micheno Multipurpose Cooperative Society, MMCS, has defrauded over 13,000 people to the tune of N27 billion.

The scheme owned and operated by one Michael Eke, had promised depositors of 50-80 per cent ROI (Return on Investment) at the end of 40 days. , .

The scheme berthed in Calabar in June 2018. Some of the depositors parted with their life savings and others deposited their gratuities, which run into millions with the hope of reaping bountifully at the end of 40 days. .

However, at the end of the 40 days, some depositors got paltry alerts of their money while over 13,000 others did not get anything and have since not heard from the operators of the bank in the past one month and their office in Calabar has remained shut. .

“I have N33 million stocks with the scheme. It may not be much compared to what others have but this has destabilised my life and turned me to mad woman with no bearing and I have lost interest in life and work,” a customer, Edna Nzegu, said. .

Some of the depositors accused a Calabar-based comedian, MC Mbakara, of conniving with Eke to fleece them of their money by promoting the scheme on his wataspp thread and website, which persuaded them to believe that the scheme was genuine and he has since gone into hiding. .

Speaking from his hideout, Mbakara said he was not part of the company even when he was appointed vice president of the scheme by Eke. He said he was only a brand ambassador. .
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Cross River Police Command spokesperson, Irne Ugbo, said reports had been made by some depositors of the scheme and investigation is ongoing.

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I Was Three Years Old When I Met My Wife – Nigerian Man Narrates

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A Nigerian identified as Nanpon narrates how he met his wife at age three.

Taking to his Tittwer hndle, he wrote;

“You asked for the full story so here it is: @Heeldarh
’s parents and mine had been friends since before either of us were born and they are till now. So when her mum was pregnant for her, she came to my house one day ( I was three years old at that time). I was told that I reached”

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Nigeria Army Officials Allegedly Beat Lady For Refusing To Greet Them (Video)

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A Nigeria lady in a video said he was beaten by some officials of the Nigerian Army because she refused to greet them.

According to the lady in the video, ”they were wearing Army uniform and whipping me kobokobo because I did not greet them”.

The aggrieved lady in rage said should she kneel down to greet them because they were soldiers?.

It was reported that the incident happened at Eti Osa Local Government Area in Lagos State.

Watch the video below;

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‘Ned Nwoko Dey Chop Better Things’ – Fan Gushes Over Regina Daniels New Photos

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Fans have hailed politician, Ned Nwoko, saying that he is really enjoying after his wife, Regina Daniels shared new adorable photos.

The young Nollywood actress took to her official Facebook page and shared some stunning photos of herself, which got some of her fans praising her beauty.

After sharing the photos, one of her fans who couldn’t just like the photos and keep on scrolling his phone took to the comment section to say his mind.

According to the fan identified as Anthony Boadu, the Nigerian lawyer, politician, and humanitarian, Prince Ned Nwoko, is lucky for having Regina Daniels as his wife because she is very beautiful and he is really enjoying something better.

He wrote; “Old man dey chop better things”

 

Another fan also took to the comment section and asked the mother of one of her billionaire husband marrying another lady to become his 7th wife, as reported.

See the photo below:

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