A fraudster in Tamale has been arrested by police in the region for allegedly being part of a $10m gold scam.
Maxwell Peter, known in the area for throwing his wealth about, was arrested by police following the conclusion of a decade old investigation involving both EOCO and the FBI.
11 people were involved in the fraud, with 6 arrested so far and 5 currently on the run.
According to facts available, Maxwell and his cohorts reportedly used dubious means in defrauding a US-based company of 10 million dollars under the guise of supplying it with gold bars but failed.The suspects between 2007 and 2016 presented themselves as gold dealers and succeeded in getting the US-based company to release a whopping $10Million to supply it with gold.
To ensure that their partners believed them, they created a bogus email usually containing either an attachment or a link to a malicious website which was linked to the said real estate company and infected the company’s entire computer network and harvested information including company files, credentials and gave the accused persons access to sensitive information which aided them to dupe the company.
They are said to be 11 persons involved but 6 have been arrested and are provisionally facing 18 counts of defrauding by false pretenses and breach of the Electronic Transactions Act 2008 (Act 772).