Pastor, 2 Others On Trial For GH¢2m Fraud

Rev. Edward Buabeng

The
General Overseer of Liberty Vineyard International Ministries, Rev. Edward
Buabeng, and two others have appeared before an Accra Circuit Court for
allegedly defrauding over 100 people of various sums of money totalling over
GH¢2 million.

The
48-year-old pastor and his two accomplices, Wilfred Brown, a 55-year-old
accountant, and one Aubrey des Bordes Mends, a 48-year-old businessman, are
alleged to have lured their victims into investing various sums of money in
their company – Career Link Markets Company Limited.

They
are said to have promised their clients 40 per cent interest on all investment
but failed to fulfill their promises.

Rev.
Buabeng and his accomplices are facing a total of 173 counts of conspiracy and
defrauding by false pretences.

He
and Wilfred Brown who were in court pleaded not guilty to all the charges and
the court presided over by Harriet Akweley Quaye granted them bail of
GH¢700,000, with three sureties each. The court issued a bench warrant for the
arrest of Aubrey des Bordes Mends whose is at large.

According
to the prosecution, the complainants, including Joseph Osei-Safo Kumi and his
wife Brenda Adolphine Appia, in July 2018 invested $7,000 and $6,000
respectively in the company which was to accrue 40 per cent interest.

It
said the investment had matured in October 2018 but the three accused persons
failed to pay both the interest on the investment, as well as the principal
amount and went into hiding.

The
complainants later reported the matter to the Dansoman police in Accra and
other customers numbering over 100 subsequently came out to lodge similar
complaints saying they had invested various sums of money totalling
GH¢1,193,136 and $185,408 in the company.

The
three accused persons were subsequently arrested and they were said to have
admitted the offence in their caution statements and promised to refund the
monies but failed to do so.

According
to the facts, investigations show that the company was registered at the
Registrar General’s Department but has not been licensed by the Security and
Exchanges Commission to undertake such a business.

It
added that the accused persons during investigations brought an amount of
GH¢115,000 and it was disbursed to the first-two complainants and six others.

Hearing
continues on September 10.

BY Gibril Abdul Razak



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