Pastor, accomplice bag 14 years for forex trading scam

The Economic and Financial Crimes Commission, EFCC on Monday secured the conviction of Emmanuel Anga and Atin Generous before Justice Abubakar Jauro of Gombe State High Court on a two-count charge bordering on conspiracy and obtaining money by false pretense.

Mr. Anga, a pastor, and Mr. Generous are alleged to have in November 2013, deceived David Madison, into believing that they were employees of Gora Commanding Resources, a foreign exchange investment concern allegedly owned by Philemon Gora (who is still at large).

The convicts tricked their victim into expecting that his investment of N500, 000 would yield 10 per cent interest on a monthly basis.

He only received the 10 percent interest in the first month of his investment, while all the effort to recover his money proved abortive.

Justice Jauro sentenced the convicts to seven years in prison on count one (conspiracy), while Mr. Generous bagged another seven years on count two (obtaining by false pretense).

The sentences are to run concurrently from July 11, 2016.

Justice Jauro also ordered Mr. Generous to repay the victim N500, 000.