Shortly after the Federal High Court sitting in Calabar, Cross River State, presided over by Justice Rosemary Dugbo Oghoghorie, sentenced Michael Eke, CEO of Micheano Multi-purpose Cooperative Society, to one year imprisonment for fraud – conspiracy, obtaining property by false pretence, and money laundering to the tune of N2 billion, a cross section of the…
In what can be referred to as his first move since the bubble burst, Economic and Financial Crimes Commission, EFCC, is about now playing host to Michael Eke, the young man enmeshed in the controversial Micheno cash doubling scam that has hit several individuals in Cross River State and beyond, sources inside the EFCC have…
Read More “Micheno’s Michael Eke Makes First Move, Surrenders To EFCC” »
Biase Local Government Area of Cross River State born Michael Eke, is the President of Micheno Multipurpose Cooperative Society (MMCS), a cooperative society which he claims, leverages on international trading investment platforms to generate 50-80 percent Return on Investment, ROI, for her investors. The cooperative receives capital from its members and spreads it across the…
Read More “The Calabar Micheno Scam And The Phone Conversation You Must Listen To!” »
This is Michael Eke, the man who operated the Micheno Multipurpose Cooperative Society, MMCS, in Calabar, Cross River State. Under the MMCS’ investment plan, members who deposited N100, 000 earned N150, 000 in 40 days; N200, 000 got N300, 000 in 40 days; N600, 000 got to earn N900, 000 in 40 days; N1million were…
09:05:10: Celebrated Calabar comedian, Aya Mbakara, better known as MC Mbakara, currently enmeshed in the Calabar based Micheno Multipurpose Cooperative Society disappearance of N27 billion depositors fund saga, has exclusively told www.calitown.com his own of the story as fund depositors and the police continue their search for operators of the Ponzi-like scheme. In the…
Read More “N27 Billion Scam: Celebrated Calabar Comedian Tells Story” »