MMM Man beats wife to coma for investing in Ponzi scheme
A man has been arrested in Calabar for beating his wife to a coma
because she used the children's school fees to invest in the MMM Pnzi
scheme.
A 45-year-old man identified as Mark Friday, has been arrested in Calabar, the Cross River State, for allegedly beating his wife to a coma for allegedly using the money meant for their children’s school fees to invest in the MMM Ponzi scheme.
Inside Calabar reports that Friday had given his wife, Ekamma, the sum of N280,000 to pay their three children’s fees but seeing a quick opportunity to make fast money,
the woman invested all the money in the scheme without telling her
husband, hoping to pay up after collecting making the extra money.
But
the bubble burst with the freezing of the accounts of the scheme some
days ago. It also coincided with the school sending a letter to Friday
that his children would not be allowed to write their examinations if he
failed to pay their fees which were to balance up the part payment he
had earlier paid.
The report had it that
when the surprised Friday asked his wife why she had not paid the money
he gave her some weeks earlier, she opened up and confessed that she had
invested the money in MMM.
This was said
to have angered Friday so much that he locked the door to their
apartment and descended on his wife, beating her to a pulp before
neighbours could force the door open and rescue her.
Seeing the
unconscious woman on the floor, a neighbor rushed to a nearby police
station and reported the case, leading to Friday’s arrest.
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