28 C
Accra
Saturday, November 28, 2020
No menu items!

Man sentenced 20 years in prison for fraud

Must Read

Ban importation of some foreign food products and vegetables- Prof. Francis Zotor

A Professor in Public Health at the School of Health and Allied Sciences, Prof. Francis Zotor has challenged Ghanaians...

Martin Amidu fires back at President Akufo-Addo

Immediate past Special Prosecutor, Martin Amidu has fired back at Government in a 27 paged statement to react to...

PIAC expresses worry over indebtedness of Ghana Gas to GNPC

The Chairman of the Public Interest and Accountability Committee (PIAC), Noble Wadza, has expressed worry about the indebtedness of...

The Wa High Court has sentenced one Hassan Fuseini to 20 years in prison for defrauding under false pretenses.
The convict, alias Inner, said to have been selling second hand clothes, set up a micro-finance company, Western Investments, promising a 100 per cent return on investments as well as cars, motorbikes and television sets to the first batch of depositors.
The scheme, which yielded about 20 million cedi worth of investments from clients, is said to have affected about 200 people in Wa and its environs.
The convict and his three accomplices; Abdul Raman Osman, Osman Safron Laryea and Abdulai Bayis, abandoned post and went into hiding after failing to meet their obligations to clients.
They were arrested in 2014 and put before court.
They initially pleaded not guilty to the charges of conspiracy to defraud under false pretence and defrauding under false pretences.
However, the court, presided over by Justice Kwesi Boakye found them guilty on both counts and handed Inner a 20 year jail term.
His accomplices whom he used to mobilise the funds were fined four thousand eight hundred cedis or in default spend five years in prison.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest News

Ban importation of some foreign food products and vegetables- Prof. Francis Zotor

A Professor in Public Health at the School of Health and Allied Sciences, Prof. Francis Zotor has challenged Ghanaians...

Martin Amidu fires back at President Akufo-Addo

Immediate past Special Prosecutor, Martin Amidu has fired back at Government in a 27 paged statement to react to the reasons for his resignation. The...

PIAC expresses worry over indebtedness of Ghana Gas to GNPC

The Chairman of the Public Interest and Accountability Committee (PIAC), Noble Wadza, has expressed worry about the indebtedness of Ghana Gas to GNPC. He said...

Political parties asked to dissociate themselves completely from unregulated security bodies for peaceful elections

The Special Representative of the UN Secretary-General for West Africa and the Sahel, Dr. Mohamed Ibn Chambas, has appealed to political parties, particularly the...

President Akufo-Addo inaugurates 60-bed Twifo Praso Hospital

The President, Nana Addo Dankwa Akufo-Addo, has commissioned the sixty-bed Twifo Atti-Morkwaa District Hospital, located in Twifo Praso, in the Central Region. This hospital, initiated...

More Articles Like This