Micheno Boss To Remain In Prison Over N320m Fraud Charge

The Economic and Financial Crimes Commission, EFCC, has charged the enlisted trustee of Micheno Multi-reason Cooperative Society, Uno Michael Eke before Justice Simon Amobeda of the Federal High Court, sitting in Calabar, Cross River State.

He was summoned on a 74-check charge, for supposedly acquiring over N320 million (Three Hundred and Twenty Million) by falsification from guiltless Nigerians.

Tony Orilade, Acting Head, Media and Publicity for the counter defilement office said Eke, supposedly duped his exploited people through an asserted ponzi plot by prompting his unfortunate casualties to put resources into his Swissgolden bundles, through his organization, Micheno Multi-reason Cooperative Society, under the misrepresentation of paying them 80 percent rate of profitability inside only 40 days.


With this alluring snare, Eke hoodwinked such a significant number of individuals through the plan, and when his financial specialists began requiring their capitals and anticipated intrigue, he made himself inaccessible, both by phone and face to face.

One of the charges against him peruses: "That you, Uno Michael Eke (being the president/CEO of Micheno Multi-reason Cooperative Society) and enrolled trustees of Micheno Multi-reason Cooperative Society (MMCS) approximately the twelfth day of July, 2018 in Calabar inside the locale of this fair court, with aim to swindle, obtained the aggregate of Forty-seven Million Naira (N47,000,000.00) from one Briggs Nimi Osim by prompting her to put same into your Swissgolden bundles through your Micheno Multi-reason Cooperative Society Ltd, under the falsification of paying her 80% as quantifiable profit on her key entirety on the fortieth day of her venture, which misrepresentation you knew to be false and along these lines submitted an offense as opposed to Section (1) (an) of the Advance Fee Fraud and Other Fraud Related Offenses Act, 2006 and culpable under Section 1 (3) of a similar Act".

He argued not blameworthy on all charges.

In perspective on his not blameworthy supplication, the arraignment counsel, T. N. Ndifon, asked the court for a preliminary date and for the blamed individual to be remanded in jail authority.

The litigant was remanded in jail guardianship, while the issue was suspended to June 13, 2019, for the becoming aware of the safeguard application.

It could be reviewed that Eke had recently been summoned by the Commission on two separate charges of supposed extortion of N200 million and N301.2 million individually. He is as of now in jail authority, even as more casualties of his ponzi plan keep on thronging the Uyo Zonal Office of the Commission with petitions that charge how Eke gathered cash from one individual to pay the other possibly to renege when he could never again support his traps.