Why Police Arrested Man Who Lost Life Savings To Scam

It is a case of double jeopardy for A middle-aged man, Egbe Godfrey, who claimed to have lost all his savings to scam, only to be arrested by police.

Egbe Godfrey reportedly lost all his life savings to a trading firm, MBA Trading and Capital Investment Limited in Port Harcourt, Rivers State, but his offence was being unable to bear it.

MBA Trading and Capital Investment Limited, operated by one Maxwell Odum, collapsed due to his inability to pay investors agreed return on investment.

Thousands of the victims had staged protests three times to demand a refund and also called for his arrest, which have not yielded positively, leaving people like Godfrey frustrated.

In the case of Godfrey, he wanted to take his own life by climbing a telecommunications mast at the Garrison axis of Port Harcourt on Tuesday.

He threatened to hang himself before residents got him distracted and rescued him.

But police say he overstepped his bounds by attempting suicide and thus arrested him.

Godfrey, after he was rescued, said life had been tough for him since he lost all his money to the forex company, adding that he could no longer cater for his family.

He stated, “My money has been seized by Maxwell Odum. He ran away with my money for over one year now. Since then, I have not seen him.

“I am frustrated; my family is frustrated because I cannot take care of them. I cannot train my children and pay school fees. My landlord has thrown me outside. I don’t know where to start life.

“I don’t have a job. There is nothing I am doing. That was why this morning I decided to come here to hang myself.”

– Why Police Arrested Man Who Lost Life Savings –

Some eyewitnesses, who spoke to our correspondent, narrated how they spotted the victim and persuaded him to come down from the mast.

“The man said he wanted to kill himself because of the money he lost to MBA.

“He said the government was not helping them to recover the money and the victims had gone to the EFCC office to report the case, but nothing was done,” an eyewitness said.

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A businessman in the area, who did not want his name in print, said, “He went up there with a rope. He tied the rope there to hang himself.  We begged him until he managed to come down.”

The excitement that the victim did not hang himself was, however, truncated when some policemen arrived and got him arrested.

Why Police Arrested Man Who Lost Life Savings – ends