News 38yrs old man jailed for investing customer’s N430,000 in MMM

38yrs old man jailed for investing customer’s N430,000 in MMM


One Hassan Joshua, 38, has been sentenced to two months imprisonment in Abuja for criminal breach of trust and cheating,  after he was unable to pay back his customer’s N430,000.

Joshua, a welder, who resides at Nimasa Estate, Gwarimpa, Abuja, said  he paid the money into the money doubling scheme, Movrodi Mondial Movement (MMM).

The prosecutor, Zannah Dalhatu, had told the court that one Mr. Fagbo Tubosun of Gwarimpa Estate reported the matter at Gwarimpa Police Station on February 7.

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Dalhatu said the convict was given the money in October 2016 to construct a water tank and doors.

“After collecting the money, he refused to do the work and he absconded to an unknown destination,’’ he said.

The prosecutor said that during police investigation, Joshua confessed to the crime.

The judge, at the Karmo Grade 1 Area Court, Abuja, Alhaji Abubakar Sadiq, however, gave him N10,000 option of fine and warned him to desist from committing crime, the News Agency of Nigeria reports.

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The judge also ordered the convict to pay N430,000 to the complainant.

His offence is punishable under Sections 312 and 322 of the Penal Code.



  1. Yea I always don’t like MMM this organisation or what ever the will end up hurting each others for just making profit among themself 419=MMM.

  2. I don’t understand y he is being jailed…or did he force the person 2 invest in the MMM…life is a risk he took the risk and now that MMM…is having problems he is looking 4 who 2 put the blame on…

    • I don’t know if u didn’t understand what was written or u feel is necessary u comment but it’s says the man used his customer’s money to invest in MMM not what u are saying/interpreting.

  3. Why arrestting him? At least asked him to go look for the money and if he can’t then arrest him

  4. Some people and greediness,so you used that money in a risky ponzi scheme investment?.I think it would have being fair if he was asked to refund those customers money within a given timeline or frame because if he should go to jail it means those people will not see their money again!!

  5. This MMM scheme has really caused a lot of havoc, a lot in people’s lives. And I heard somewhere, that it is back. Some people would stupidly put their money into it, in the name of investments

  6. well i go blame him much sha but its not only him, jailing him ain’t gonna solve the problem.

  7. Why ll you take such a huge risk? That’s selfish interest ooooo… I have money in d scheme but its mine, what I can afford not borrowed. I pray God touch d heart of your customer to av mercy on you oooo

  8. dis is greedness how can u invest that huge amount of money dat is not even your own to gambling bussiness

  9. Oboy this is greediness, some pple wnt to make money wit other pple money and thats wrong, he dont knw how they suffered and got it

  10. Earn cool cash working online from your home at your own convenient time


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