End of Road For Two Fake Promoters of Microfinance


Elements of the Nlongkak Gendarmerie Brigade in Yaounde have arrested two fake promoters of a microfinance called ‘Global Credit’ who were recruiting agents to collect funds from their clients, at the Nlongkak roundabout. The were picked up yesterday January 6, 2020.

Wanted by the Akwa Gendarmerie Brigade in Douala following complaints from numerous victims, the alleged scammers were on the run after collecting tens of millions of CFA francs CFA from traders in various markets in the economic capital. They would later continue their activities in Yaoundé before being arrested by the Nlongkak Gendarmerie Brigade.

Thorough search of their homes made let to the hospital seizure of the sum of 1.5 million francs CFA francs, daily collection forms, users’ savings registers and two laptops containing savings data.

Investigation ongoing to uncover their network.

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