Home News State Prosecutors reveal NAM1 defrauded 16,000 people of 1.68bn

State Prosecutors reveal NAM1 defrauded 16,000 people of 1.68bn

- Advertisement -

New update on the CEO of Menzgold, Nana Appiah Mensah’s court issue is that he allegedly defrauded 16,000 people of 1.68bn cedis.

According to the state prosecutors, Nana Appiah Mensah duped over 16,000 people who invested in his companies; Menzgold and Brew Marketing Consult.

ALSO READ: NAM1 remanded by Accra Circuit Court to reappear on 26th July

They also revealed that between January 2017 and September 2018, Menzgold and Brew Marketing Consult were operating an illegal deposit-taking business without a license.

They defrauded one Francis Agodzie and 16,000 other people of more than 1.68bn cedis during the same period.

They were charged with carrying out deposit-taking business without a license and defrauding by false pretence.

Nana Appiah Mensah popularly known as NAM1 returned to Ghana on Thursday 11th JULY 2019 after he was detained in Dubai for several months.

He was handed over to Ghana Interpol by the Dubai Interpol and was taken to the CID headquarters for interrogation.

He was arraigned before an Accra Circuit court today, 12th July 2019 and also denied bail after his lead counsel pleaded with the court.

Nana Appiah Mensah is set to reappear before the court on 26th July 2019.

Stay connected to Ghanapage.com for more updates.

Get Ghana Latest News in your inbox each morning.


Please enter your comment!
Please enter your name here

Most Read

It was all a movie? Mother-in-law apologises to Mmebusem

The so-called mother-in-law of popular Kumawood comic actor Mmebusem has rendered an unqualified apology to him for tarnishing his image.

Video of Slay Queen, Ama Coke being ‘chopped’ in a swimming pool hits online

A video of popular Facebook Slay Queen, Ama Coke being chopped in a swimming pool at a get together has surfaced on social media...

Gospel musician Ohemaa Jacky caught on camera being ‘chopped’ by a fetish priest-Video hit online

A video of Ghanaian gospel Musician, Ohemaa Jacky being smooched in a hotel room by a fetish priest she approached to seek for help...

Video of the mysterious blackbird found in Oteele’s room as predicted by Pastor Prince

GhPage.com has chanced upon a video of the mysterious blackbird found in Kumawood comic actor, Oteele's room prophesied by Pastor Prince.