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MMM Investors Drag Guiders To Court For Breach Of Trust - Investment - Nairaland

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MMM Investors Drag Guiders To Court For Breach Of Trust by goldcoinhub: 4:57pm On Apr 07, 2017
Two middle-aged persons, Debora Fojo and Musa Garba, on Friday appeared before a Malumfashi Chief Magistrates’ Court in Katsina State for alleged breach of trust and cheating.


The two were accused of collecting N429,000 to invest in an online business called MMM.

МММ was a Russian company that perpetrated one of the world’s largest Ponzi schemes of all time, in the 1990s. By different estimates, from five to 40 million people, Nigerians inclusive, lost up to $10bn.


Fojo and Garba are residents of Government Girls Secondary School Malumfashi Quarters and Unguwar Danyawa village in Kafur local government areas respectively.

According to the separate First Information Reports read to the court, Fojo allegedly collected N229,000 from one Sani Salisu of Unguwar Sodangi in Malumfashi to invest in the scheme.

Garba, on the other hand, collected N200,000 from one Adamu Aliyu of Gangarawa, also in Malumfashi, to invest in MMM.

The Police Prosecutor, Insp. Sani Ahmed, told the courts that the accused deceived the complainants with a promise that the investment would provide 30 percent returns within 30 days.

He said that neither the original money nor the interest were returned to the complainants after the expiration of the agreed period.

He said the accused were charged with criminal breach of trust and cheating, offences that contravene sections 312 and 322 of the penal code.

The two accused persons, however, pleaded not guilty to the charges.

The Chief Magistrate, Lawal Usman, adjourned Fojo’s case till April 11, while that of Garba was moved to April 18, for mention.

He ordered that the two accused persons be remanded in prison custody.

http://www.blackberrybabes.com/2017/04/mmm-investors-drag-guiders-to-court-for.html

lalasticlala

4 Likes

Re: MMM Investors Drag Guiders To Court For Breach Of Trust by ozoebuka1(m): 4:59pm On Apr 07, 2017
dirty dey smell. Them no read terms and conditions?

9 Likes 1 Share

Re: MMM Investors Drag Guiders To Court For Breach Of Trust by Nobody: 5:06pm On Apr 07, 2017
Wicked guiders and gullible fellows. Both the guiders and their victims should be jailled. They were warned by many Nairalanders, but they refused to accept their many advice. The senate also warned them to stop, instead they shouted, "Buhari no want our progress". Now, e don happen! To everybody that lost his or her hard earned, borrowed or stolen money to MMM, I say "NTOORRR..."

59 Likes

Re: MMM Investors Drag Guiders To Court For Breach Of Trust by mr1759: 5:14pm On Apr 07, 2017
I expect all those cheated to cue behind this ppl, they should sue the number one and two national guiders

5 Likes

Re: MMM Investors Drag Guiders To Court For Breach Of Trust by themonk(m): 5:15pm On Apr 07, 2017
The accuser should be jailed with the guider for stupidity.
Re: MMM Investors Drag Guiders To Court For Breach Of Trust by MrGreenMavro: 5:15pm On Apr 07, 2017
cheesy

Mogbe...Moku...Mowanibe grin grin grin

2 Likes

Re: MMM Investors Drag Guiders To Court For Breach Of Trust by Nobody: 5:15pm On Apr 07, 2017
MMM...moku mogbe modaran. some are dead, some are in court, others are crying silently.

31 Likes

Re: MMM Investors Drag Guiders To Court For Breach Of Trust by Mouthgag: 5:15pm On Apr 07, 2017
Waste of time grin grin
I lost millions but, this is lost course...

8 Likes 1 Share

Re: MMM Investors Drag Guiders To Court For Breach Of Trust by Justbeingreal(m): 5:16pm On Apr 07, 2017
Next move thieF guilders egbon any guilder when u give money Nat o catch m go court o lol

Re: MMM Investors Drag Guiders To Court For Breach Of Trust by fernandooleku(m): 5:16pm On Apr 07, 2017
LWKMD... una go fight unaself till God go call una to glory... u think say u smart abi? u chop my uncle's money just like that, which make him drink sniper go visit Dagrin in heaven for a collabo wey he no won do, and u think say ur company go get rest of mind

1 Like

Re: MMM Investors Drag Guiders To Court For Breach Of Trust by jd1986(m): 5:16pm On Apr 07, 2017
So no news again undecided

4 Likes 1 Share

Re: MMM Investors Drag Guiders To Court For Breach Of Trust by sapientia(m): 5:16pm On Apr 07, 2017
Breach of trust... prison..

Why suffering them when you know Nigerian laws have nothing against them?

Unless they never told them its MMM, if they did.. dead on arrival.

2 Likes

Re: MMM Investors Drag Guiders To Court For Breach Of Trust by divinelove(m): 5:17pm On Apr 07, 2017
grin quite funny I hope there was a written agreement between the parties involved that was signed to prove this case. If not this is a huge joke

1 Like

Re: MMM Investors Drag Guiders To Court For Breach Of Trust by damola311: 5:17pm On Apr 07, 2017
They have no case! They said use your spare money, and since your spare money is 400,00+ and it enters lion mouth, no need to cry....

1 Like

Re: MMM Investors Drag Guiders To Court For Breach Of Trust by Nobody: 5:17pm On Apr 07, 2017
What is MMM please?
Re: MMM Investors Drag Guiders To Court For Breach Of Trust by Handsomecole(m): 5:17pm On Apr 07, 2017
Money wey Don go! grin
Re: MMM Investors Drag Guiders To Court For Breach Of Trust by goldenceo1: 5:18pm On Apr 07, 2017
Has It Entered??

.........Yes

Is It Paining You??

........Yes

Should I Remove It??

.......No

Do You Like It??

.......Yes , I Love It
.
.

























.
.
.
Infact Shoe Sellers Can Ask Lots Of Question



Funny enough MMM still pays it's guider at d expense of its followers called DUNDI

15 Likes

Re: MMM Investors Drag Guiders To Court For Breach Of Trust by active4000: 5:18pm On Apr 07, 2017
...........hmmm

Re: MMM Investors Drag Guiders To Court For Breach Of Trust by Hollasmall: 5:18pm On Apr 07, 2017
Chisos

Re: MMM Investors Drag Guiders To Court For Breach Of Trust by shibanbo(m): 5:18pm On Apr 07, 2017
MMM hahahaha good for you guys,you guys said its our money leave us alone ok nah lets gooooooooooo there
Re: MMM Investors Drag Guiders To Court For Breach Of Trust by active4000: 5:18pm On Apr 07, 2017
Vomit the money I no PH again
Re: MMM Investors Drag Guiders To Court For Breach Of Trust by Nobody: 5:19pm On Apr 07, 2017
grin grin grin grin
Re: MMM Investors Drag Guiders To Court For Breach Of Trust by zeribe4real(m): 5:19pm On Apr 07, 2017
Is there any agreement
Terms and conditions
If there is, then that is what should be followed.
Re: MMM Investors Drag Guiders To Court For Breach Of Trust by joshtega27(m): 5:20pm On Apr 07, 2017
Yeye dey smell....lol grin
Re: MMM Investors Drag Guiders To Court For Breach Of Trust by herdekunley9ja(m): 5:20pm On Apr 07, 2017
MMM again..... am no hear anything oooogrin
Re: MMM Investors Drag Guiders To Court For Breach Of Trust by ideology(m): 5:20pm On Apr 07, 2017
it is not my money, this case won't fly.

Terms and conditions were clearly written on the website, though it was for reverse Psychology

1 Like

Re: MMM Investors Drag Guiders To Court For Breach Of Trust by Nobody: 5:21pm On Apr 07, 2017
grin why Na...

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