Tag: Micheno Multipurpose Cooperative Society

The Calabar Micheno Scam And The Phone Conversation You Must Listen To!

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The Calabar Micheno Scam And The Phone Conversation You Must Listen To!

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…

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Cross River News, News

Is Michael Eke, Calabar’s Ponzi Scheme King?

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Is Michael Eke, Calabar’s Ponzi Scheme King?

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…

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Features, News

Residents Lose N27 Billion To ‘Wonder Bank’ In C’R

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Residents Lose N27 Billion To ‘Wonder Bank’ In C’R

Thousands of people in Cross River State have lost about N27billion to fraudulent activities of a network racket, even as five investors have lost their lives following inability to cope with their losses. The depositors with Micheno Multipurpose Cooperative Society (MMCS) operating from Calabar, Cross River State, started counting their losses, after it was discovered…

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Cross River News, News