The police on Thursday arraigned a banker, Daniel George at a Wuse Zone 2 Senior Magistrates’ Court in the FCT for cheating.
George, 35, a resident of Gwarimpa, Abuja, is standing trial on a 3-count charge of criminal conspiracy, breach of trust and cheating.
The Prosecutor, Otu Urom, said Sanusi Saminu, residing at Ishaka Close, Gwarimpa, Abuja, reported the matter to the Commissioner of Police in the FCT, Abubakar Bello, on December 13, 2017.
Urom alleged that sometime in July, 2017, the accused and two others, now at large, conspired and deceived the complainant.
He said, “They deceived the complainant to invest N1.5 million in their company, Global Trust Multipurpose Cooperative Limited.”
According to him, the accused and the others promised to pay the complainant his money in 90 days but they failed to do so after the stipulated period.
The offence, he said contravened the Penal Code.
When the charge was read, the defendant, however, pleaded not guilty.
The Senior Magistrate, Musa Jobbo, granted the accused bail in the sum of N1 million with one surety in like sum.
Jobbo said the surety must be a civil servant residing within the court’s jurisdiction.
He adjourned the case till February 5 for hearing.