A Chronicle newspaper report says the Chief Executive Officer of erstwhile Career Link Marketers Company Limited was sentenced on Monday, January 16, 2023.
ADVERTISEMENT
Ghanaian Reverend Minister jailed 519 years for defrauding over 100 people
The Accra Accra High Court has convicted and sentenced Reverend Edward Buabeng to 519 years imprisonment over fraud.
Pastor jailed
Recommended articles
He was found guilty on 173 counts of conspiracy to commit a crime and defrauding by false pretences.
After three years of trial where 12 witnesses testified against Reverend Buabeng, the court presided over by Evelyn Asamoah pronounced the hefty sentence on him.
He will however serve 8 years of each of the 173 counts with the sentences running concurrently.
ADVERTISEMENT
The facts of the case as reported by the Chronicle newspaper:
According to the Chronicle, the complainants in the case are a husband and wife, John Osei-Kumi who is a marketer, and Brenda Adolphine, a banker.
The facts of the case presented by the state prosecutor, Chief Inspector Benneh show that the complainants who are residents of Dansoman invested an amount of $7,000 jointly into the company of Reverend Buabeng who was operating some form of a Ponzi scheme.
On her own, Brenda Adolphine Amoah invested $6,000 with the expectation of gaining 40% in interest for a period of three months.
ADVERTISEMENT
But when the investments which were made in July 2018 were due for the complainants to enjoy their benefits, the convict failed to honour his obligation to his clients.
After failed attempts to get their monies, the couple lodged a complaint with the Dansoman Police where it turned out that over 100 complaints had been filed about the same Reverend Buabeng.
Police investigations revealed that Reverend Buabeng went into hiding after all the complainants made an investment of about GH¢1,193,136 and US$185,408.00 into his company.
He was subsequently arrested.
The prosecutor informed the court that Reverend Buabeng admitted to defrauding the complainants but offered to refund the monies as his firm had the resources to do so.
ADVERTISEMENT
An agreement was reached and payment arrangements were made but Reverend Buabeng failed to honour the terms of the agreement which led to his re-arrest and trial.
He was found guilty of all the charges levelled against him and the judge handed him the sentence.
His wife whose name the report gives as Mrs Asamoah was along with the second accused Wilfred Brown acquitted and discharged.
Meanwhile, a bench warrant has been issued for the third accused, Aubrey des-Bodes Mends who is said to have jumped bail.
JOIN OUR PULSE COMMUNITY!
ADVERTISEMENT
Eyewitness? Submit your stories now via social or:
Email: eyewitness@pulse.com.gh
Recommended articles
GES expresses concern over surge in body arts among students
GRA terminates 2 SML contracts
Pastor Chris, others hit out at Nigerian pastor's solution to porn addiction
Mahama affirms dedication to enhancing Government-Media partnership on World Press Day
Police investigate alleged electoral offence during Ejisu by-election
Ghanaians deserve respect, not lies — Stan Dogbe
Access to electricity is an important human right — World Bank
Bawumia's emotional moment of Christian worship steals spotlight at event [video]
