Condition prosecutors are aiming to place CEO of Menzgold, Nana Appiah Mensah aka NAM1, his spouse and his sister at the rear of bars for allegedly defrauding 16,000 people of about GH¢1.68bn.
The wife and the sister are going through 4 counts, together with defrauding by false pretence together with NAM1.
The Main Executive Officer (CEO) of Menzgold Ghana Minimal, Nana Appiah Mensah, aka NAM1, has been accused of allegedly defrauding 16,000 consumers of more than GH¢1.68 billion involving January 2017 and September 2018.
He has been charged with two counts of abetment to defraud by untrue pretence and two counts of abetment to carry out banking business enterprise without the need of a licence, opposite to Area 6 (1) of the Banks and Specialised Deposit-taking Establishments Act, 2016 (Act 930)
Two of his corporations — Brew Internet marketing Consult with and Menzgold Ghana Constrained — represented by him, have every single been billed with defrauding by false pretence, opposite to sections 20 (1) and 13 (1) of the Legal Offences Act, 1960 (Act 29).
The two businesses have also been billed with carrying out a deposit-using company with out a licence, contrary to Portion 6 (1) of Act 930.
Also facing the regulation are his sister and his wife, Benedicta Appiah and Rose Tetteh, respectively, who have been slapped with two counts of abetment to defraud by fake pretence and two counts of abetment to have out banking company devoid of a licence, opposite to Section 6 (1) of Act 930. The two women of all ages are, however, at huge.
Particulars of the offences
A cost sheet sighted by Graphic Online’s Mary Mensah on the crime defeat mentioned that amongst January 2017 and September 2018, Brew Advertising and marketing Check with and Menzgold defrauded one Francis Agodzie and 16,000 other individuals of a lot more than GH¢1.68 billon.
It more accused the two entities of carrying out an illegal deposit-taking small business all through the exact period of time.
The cost sheet explained that Mensah, Appiah and Tetteh aided Brew Marketing and advertising Consult and Menzgold to defraud the buyers of the GH¢1.68 billon.
With regard to the cost of abetment to carrying out deposit-getting organization with out a licence, the 3 suspects are accused of aiding the two providers to illegally carry out a deposit-getting enterprise.