The Economic and Financial Crimes Commission, Kaduna state command has arrested one Michael Yusuf Michael and Martha Daniel, promoters of MYM123CARE, for allegedly obtaining money by false pretense.
In a statement released on Wednesday, the anti-graft agency said the suspects were arrested following a petition alleging that they solicited funds from the general public through the Foundation on the pretext of providing aid to the needy, but converted the proceeds to personal use.
The statement read; ”Investigation revealed that on 22nd March 2021, Yusuf Michael posted a video of a woman with breast cancer and solicited for donations from public-spirited individuals who responded by donating money into MYM123CARE’s account domiciled in a first-generation bank. The account which was in the red, had by March 26, 2021 recorded a credit balance of N21, 515,962.75k.
The woman for whom the fund was supposedly raised later died in the hospital.
The suspect upon receiving the monies, went on a spending spree, transferring various sums to third-parties who used the monies to purchase various properties ranging from real estate, automobiles and electronic equipment.”
The EFCC said the suspects will soon be charged to court.