{"id":6198,"date":"2012-11-14T14:53:33","date_gmt":"2012-11-14T13:53:33","guid":{"rendered":"http:\/\/pointblanknews.com\/pbn\/?p=6198"},"modified":"2012-11-14T14:53:33","modified_gmt":"2012-11-14T13:53:33","slug":"prominent-enugu-lawyer-arraigned-over-n600m-investment-scam","status":"publish","type":"post","link":"https:\/\/pointblanknews.com\/pbn\/news\/prominent-enugu-lawyer-arraigned-over-n600m-investment-scam\/","title":{"rendered":"Prominent Enugu Lawyer Arraigned Over N600m Investment Scam"},"content":{"rendered":"<p>THE Economic and Financial Crimes Commission has concluded arrangement to arraign a prominent lawyer in Enugu state, Barrister Christian Chukwudozie Ebuzoeme before a Federal High Court, Enugu on Thursday 15th November, 2012.<\/p>\n<p>The native of Ojoto, Idemili South Local Government Area of Anambra State who doubles as the Chief Executive officer (CEO) of Karchack Services Limited will be docked for allegedly defrauding innocent citizens of their hard earned money through a phoney investment scheme involving over N600million Barrister Ebuzoeme and his accomplice, Mr. Amaechi Okoye ( still at large ) through Kachack Services Limited located in New Haven, Enugu, for three years mobilised deposits from unsuspecting members of the public using the promise of mouth watery returns on investment over specific periods as bait. At the beginning, a few of the investors were paid dividends which helped swayed them to plough in more resources and equally convinced others to join the fray. But the flow of dividends soon dried up. After several months of being unable to pay their investors, the two partners, Ebuzoeme and Okoye, split the company.<\/p>\n<p>Okoye continued to manage the business of Karchack Services Limited while Ebuzoeme moved on to establish Yardenit Limited but the operations were still the same. They continued to defraud unsuspecting Nigerians through bogus promises that were never fulfilled.<\/p>\n<p>While the investors were left clutching at straw,\u00a0 Ebuzoeme and his partner in crime, Okoye continually smiled to the bank and expanded their business to new frontiers in China and South Africa.<\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content --><!-- AddThis Related Posts generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>THE Economic and Financial Crimes Commission has concluded arrangement to arraign a prominent lawyer in Enugu state, Barrister Christian Chukwudozie Ebuzoeme before a Federal High Court, Enugu on Thursday 15th&hellip;<!-- AddThis Advanced Settings generic via filter on wp_trim_excerpt --><!-- AddThis Share Buttons generic via filter on wp_trim_excerpt --><!-- AddThis Related Posts generic via filter on wp_trim_excerpt --><\/p>\n","protected":false},"author":1,"featured_media":6203,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[5],"tags":[],"class_list":["post-6198","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.8 - 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