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.
According to Inside Calabar, Mr. 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 wife invested all the money in MMM without telling her husband, hoping to pay up after making the extra money for herself.
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 Mr. Friday that his children would not be allowed to write their exams 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 Mr. Friday asked his wife why she had not paid the money he gave her weeks earlier, she opened up and confessed that she invested the money in MMM.
This was said to have angered the husband so much that he locked the door to their apartment and descended on his wife, beating her to a pulp before neighbours could rescue her.
Inside Calabar reported that the beatings was too much and the husband has been arrested.
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