Skip to main content

Woman Invests In Her Church’s Micro Finance Bank Loses Millions

A Micro Finance bank run by a church has reportedly defrauded a church member N5million after she was convinced to invest the money there.

A Nigerian woman has been left in pain and depressed after she lost a whopping N5 million to her church’s bank identified as Suisse Microfinance bank is allegedly owned by Christ Embassy Church a.k.a Believers Loveworld.

The story was shared by Nora Oma Snow on Facebook. She wrote:

“Wetin dey Pepper Nora for body:

So I have not heard from this friend since January, I assumed we all have been dealing with life. Only for us to have a heart to heart talk on whatsapp today;and she confessed that she has been dealing with depression.

She is a strong member of one the top three Pentecostal churches in Nigeria. One Sunday , sometime last year, this investment company came to speak to the church members about this micro finance investment. Like an average gullible Nigerian, who lets their guards down , don’t ask questions , throws all caution into the air;once they hear my pastor said,once they hear something from someone standing on the altar in their church ; she invested 5 million naira (five million naira) of her hard earned money she was paid off after she was laid off from work . And this is how all this prominent Church members money entered voice mail.

As I write ,EFCC don waka for this case self tire. As a Nigerian, when you buy kwili kwili on the highway and sees puff puff when you open it ,you somehow deal with it because the transaction was done on the highway. You took a chance. Deep down you were prepared.

When you lose your money to MMM, you somehow deal with it because people were at least warned. But how about when you lose your money in your church? A church that is supposed to be the epitome of morality? When one of the top churches in Nigeria gives a company their podium, the opportunity to stand on their altar and convince its members to invest in a company that defrauds them, you realize that Nigeria as a country is irredeemable.

I only withheld the name of this church on the request of my friend. She and other members who lost their money are stuck, hopeless and powerless. I wish I have any legal advice to even give her. Nigerians! Nigerians! Nigerians! 

Be diligent! Stop letting your guards down because one person has pastor this or that attached to their names. Personally besides real estate, I don’t and won’t make any monetary investments when it come to naija. I no get strength. If like come with 100% interest rate, I no dey do!! My double shifts and sleepless can not become another inspirational social media story. Mba mu.

Biko, if you have any legal advice to give my friend to help her recover her money, biko make una help her. Details of the company and the investments are below. If you know this company; you better run for your life too.”

Source: Tori

Comments

Popular posts from this blog

Shocking !!! Man attempts to use father,siblings and friends for rituals

A 26-year-old man, identified as  Chukwuemeka Okafor, has been arrested by the Police in Anambra for allegedly attempting to use his father, two siblings and five friends for money ritual. The suspect, who is an indigene of Ifite-Awka in Awka South Local Government Area of Anambra, was arrested following information made available to the police by a vigilant resident of the community. The Commissioner of Police in the state, Garba Umar, who briefed journalists in Amawbia on Thursday on the arrest of the suspect, said the father had innocently provided N100,000 to his son unknown to him that the son had a devilish intention. Mr. Umar said that the suspect lied to his father about a business which made him to raise the money for him believing that it was for a genuine venture. He further said that after collecting the money, the suspect proceeded to the house of a native doctor to prepare a charm that would enable him to eliminate his father, two siblings and five of his friends...

NBC Warns Broadcast Stations against Hate Speech

Director General of the National Broadcasting Commission (NBC), Mr. Ishaq Modibbo Kawu, Ahead of the forthcoming elections, the National Broadcasting Commission (NBC) has said it will impose heavy sanctions on broadcast stations which promote hate speeches. The Director General of the commission, Mr Is’haq Kawu, said this thursday in Enugu at the inauguration of Family Love FM 99.9 at the European Quarters in Ngwo. Kawu was represented at the event by a director in the commission, Mr Armstrong Idachaba. He said the commission had taken note of hate speeches from some parts of the country, adding that it would guard against its infiltration in the broadcast industry. “We are already seeing signs of hate speeches among Nigerians and would not tolerate it in the broadcast industry as we prepare for the 2019 elections. “Our broadcast stations should rather be used to engender tolerance, mutual respect as well as promote unity among Nigerians,” he said. Kawu said the broadc...

Fayose Begs Buhari to Resign, Calls Him Sick and tired

President Muhammadu Buhari has been urged to throw in the towel as his illness has made it impossible for him to lead the country. Ekiti State Governor, Ayodele Fayose, has begged President Muhammadu Buhari to resign and go home for a good rest. The Governor said he still stands by all he said about President Buhari on his ill health and has no apologies. Speaking on Wednesday in Ado Ekiti, the Chairman of the Peoples Democratic Party’s Governors Forum advised the president to stop deceiving Nigerians as the truth cannot be hidden forever. He said,  “If not for our efforts, Buhari wouldn’t have returned now. Buhari is sick and tired and even his physical appearance betrayed this and he needs to go home and rest.   “Today, they have cancelled the Federal Executive Council meeting. You cannot hide the truth forever, it will reveal itself someday. You cannot continue to deceive Nigerians.   “Every word that has come out of my mouth, I have no apology for them. Presid...