YEN.com.gh has reports that the police in Sowutoum, a suburb of Accra have arrested one person who allegedly in connivance with some others, defrauded members of the Christ Pentecostal Church at Kwashieman.
A man, Joseph Acheampong, according to police reports, allegedly collected about GHC 200,000 as savings from some church members of the Christ Pentecostal Church at Kwashieman, only for him to end up blowing through the cash.
Acheampong took the monies under the pretext of investing the funds into a small micro-finance company established in the name of the church, according to The Daily Guide.
The suspect was arrested when members of the church made a complaint about his activities to the Sowutoum Police.
He is currently on police enquiry bail awaiting trial.
The suspect allegedly took advantage of the popularity of the church and its founder Apostle Daniel Obeng, to form the dubious micro finance scheme to swindle the depositors.
According to sources, Acheampong made the members believe that the supposed micro finance scheme was being run by the church.
Three of the church members, who claim to be victims of the said church scam, narrated to Daily Guide that they have lost close to GHC 40,000 in the said dubious scheme.
According to one of them, who claim to have lost GHC 12,000, about two year ago, an announcement was made in church by the Apostle Daniel Obeng, founder and leader of the church, for members to invest in the company.
The members, who invested their monies in the fund, were eligible for loans as well as interest on their savings and based on that the church members contributed massively to the fund for close to two years.
The police said early this year, some of the church members applied for a portion of their money, but could not get the cash and that compelled others to go for theirs.
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Source: Yen Newspaper