Just 7 years?

The double standard is glaring!!

Omo

See something nao

Teacher na teacher

VeeVeeMyLuv:
wrong

The hardship over there never reach choking level! Trust me a greater percentage of their population are legimately and productively engaged and thus contented with what they are earning.

But in naija 0.00001% of population are controlling 95% of nations wealth and even resources plus 50% unemployment rate.

What else do u expect.

The big centers for fraud are in countries like the USA., Mexico, Romania, etc, which you would argue are better than Nigeria.

Unemployment does not make everyone go into fraud.

Daddyyin:
Those guys are smarter than Nigerians when it comes to scamming. Nigerians are just too loud

Gbammest. U see one idiot scammer after 2 months of big hit shaperly buy lexus.

Over there, mayb na bike e go first get.

Success story will look real.

Whites are actually legit scammers

Agba Yahoo..

You guys don't know that The MMM something was a huge foreign supported ponzi scheme?

Giving us bad name in dia spora

Cladez:
Just 7 years?

The double standard is glaring!!

No dobule standard, he was sentenced according to Canadian law in Canada.

If you have a complaint about the laws there, take up Canadian citizenship, and aigtate with your local MP for changes to the anti-fraud laws.

Oxala:


Turns out Nigeria doesn't have monopoly of fraud afterall

But wait a minute the guy looks mixed...he might actually be one of us by ancestry

Nigeria don't rank 3rd in world scam. Nah too much noise dey worry Nigeria. Russia and china top the list.

Newphiligeek123:
Charles DeBono, a 63-year-old Barrie, Ontario man who defrauded hundreds of investors out of millions of dollars will have to pay back $26.9 million in restitution after he was handed a seven-year sentence today.

Approximately 515 people, mostly from Nigeria but also in Canada lost a combined $29 million, leading some to lose their life savings and retirement incomes between 2012 and 2017.

Source: https://www.facebook.com/AfrotimesNewspaper/photos/a.119381757440035/133997795978431/
Afrotimes Newspaper

Source: Afrotimes Newspaper

The whites have learned the "yahoo" business...from the blacks of course.

Now, the hunters have become the hunted and trust my instinct... All you guys ever defrauded the whites shall be restituted.

The counter attack revenge has begun

Subsidywise20:


No dobule standard, he was sentenced according to Canadian law in Canada.

If you have a complaint about the laws there, take up Canadian citizenship, and aigtate with your local MP for changes to the anti-fraud laws.

Whatever works for them.

Subsidywise20:


The big centers for fraud are in countries like the USA., Mexico, Romania, etc, which you would argue are better than Nigeria.

Unemployment does not make everyone go into fraud.

Not everyone is into crime in Nigeria also

Amy Nigerian that this man defrauded should be flogged without mercy

Wow, respondents are all winks, smiles, fun, jibs and jabs and merriment

Imagine if the fraudster was Nigerian?


Nigeria needs to forget about Africa , the brainwashed continent of jealous souls. We need to forge ahead - alone...

Wow amazing

Yahoo yahoo canadian

"..... For me, I didn’t expect this type of thing to happen in Canada. It’s a developed country,' “I checked everything. In fact, it took me one year before deciding still Jagaban Charles Debono defrauded and took back all the cash Nigeria yahoo boyz collected from USA/Canadian victims.

Newphiligeek123:
Charles DeBono, a 63-year-old Barrie, Ontario man who defrauded hundreds of investors out of millions of dollars will have to pay back $26.9 million in restitution after he was handed a seven-year sentence today.

Approximately 515 people, mostly from Nigeria but also in Canada lost a combined $29 million, leading some to lose their life savings and retirement incomes between 2012 and 2017.

The Nigerian Victims
They did their due diligence and looked into the business opportunity before investing. They lived in Nigeria and found nothing — no red flags, no bad history, no indication of what actually lay ahead.

In the end, the Nigerian investors lost thousands of dollars in what they later learned was one of Ontario’s largest frauds.
An investor from Nigeria told the Canadian police how he lost US$80,000— money he had earned investing in the petroleum sector.

'For me, I didn’t expect this type of thing to happen in Canada. It’s a developed country,' “I checked everything. In fact, it took me one year before deciding,” he declared at the Barrie, Ontario courthouse. “I was asking people, checking.” Even the online reviews, he recalled, were very good.

Other colleagues in Nigeria had also invested. He said there were a lot of investors from Nigeria.

The Nigerian man believes that some of the early investors recovered their money in full — which would explain the positive online reviews that, at the time, encouraged others to throw their money DeBono’s way.

The Fraudster
DeBono sold fake investments in a point-of-sale terminal ownership program in what police said was nothing more than a Ponzi scheme.
When banks started shutting him down in 2017, he fled to the Dominican Republic with millions of dollars as well as hundreds of thousands of dollars worth of cars and other assets.

The Barrie man had no criminal record and held regular middle-class jobs, including in the local used car industry, before creating KIS Media Ventures in 2012, which served as an umbrella organization for illicit companies, including Debit Direct and Business Partners Ventures Inc.

Using fake brochures and elaborate sales messages, DeBono used sales agents and sold his scheme on websites and at trade and franchise shows across the country, according to an agreed-upon statement of facts filed with the court.

Those recruited to sell believed they were selling a legitimate business opportunity. The point-of-sale terminals were to be placed in high-volume businesses across Canada and the investors were to receive 15 cents per transaction in monthly payouts.

Once he secured clients who thought they were investing in the machines, he sent them monthly financial statements and even dividend cheques in the early days.

However, the returns on the terminals were actually being funded by new investor deposits.

Crown prosecutor Ted Ofiara earlier told the court there was no evidence that any machines were ever placed in businesses and likely the only scanning machines linked to DeBono were the ones he displayed to sell that became a Ponzi scheme.

Source: https://www.facebook.com/AfrotimesNewspaper/photos/a.119381757440035/133997795978431/
Afrotimes Newspaper

You sure say the man no be Igbo!

lagdmark:
"..... For me, I didn’t expect this type of thing to happen in Canada. It’s a developed country,' “I checked everything. In fact, it took me one year before deciding still Jagaban Charles Debono defrauded and took back all the cash Nigeria yahoo boyz collected from USA/Canadian victims.

The man be a half cast.... Nigeria/Canda or Nigeria/something ����

Highlandgee:
Case of bushmeat catching the hunter?

Aswear. He would be like, you idiots think say na only una get sense.

Abi no be Oyibo taught Nigerians Yahoo Yahoo business?

sammysneh:
Nigerians never learn,Another possible scheme will still come and eat their money again

O ṣe MMM, o lu lẹ
O ṣe Winthrills, ó lu lẹ
O ṣé MBA Forex...
O ṣé gbogbo ẹ...wọn ò ni ever gbé kinni yẹn wá o

Canada 5 : Nigeria 1

btw, this is half time scores

The man be a half cast.... Nigeria/Canda or Nigeria/something

Reverse migration kinda thing.

This reminds of one “Michael Bolton” in England who continuously scammed house-searching Nigerian students. I nearly fell victim until my sister detailed all the inconsistencies of his scheme. The British police didn’t take him as a priority due to our reputation for being scammers. To them it was a case of bushmeat catching the hunter.

What will EFCC do now? Call CIA and FBI

Highlandgee:
Case of bushmeat catching the hunter?

I tell you. No matter how smart you get, sm body dey one place wey go out smart you. So some body dey wey fit scam Nigerians