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3 Arrested in Bo for Money-Doubling

FORUM NEWS SIERRA LEONE by FORUM NEWS SIERRA LEONE
27 February 2025
in ALL NEWS, BO
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By Hassan Osman Kargbo

In a joint effort to tackle financial fraud, the Sierra Leone Police have arrested three individuals accused of running a money-doubling scam in Bo City. The suspects, identified as Alhaji Kutubu from Hanson Road, Abubakarr Jah of Hard-up Lane, and Paul Max Bio, known as “Wizzy,” from New Site, are currently in police custody following a complaint lodged by a local resident.

The arrest followed an incident involving Maseray Sheriff, a Bo City resident, who fell victim to the fraudulent scheme. On February 15, 2025, Sheriff was approached by the suspects, who promised to double her money if she handed over a sum of NLe 18,200. The suspects assured her that she would receive her initial investment along with interest by the end of the day. Trusting their offer, Sheriff handed over the money, expecting a return. However, when the promised time passed and the suspects failed to meet their commitment, Sheriff grew suspicious and quickly reported the matter to the police.

Qcell Qcell Qcell

The swift response by the police led to the arrest of Kutubu, Jah, and Bio, who were allegedly involved in several similar schemes in the area. According to the police, they are continuing their investigation to determine the full scope of the fraudulent activities and whether there are more victims who have been swindled by the trio.

Speaking about the incident, a spokesperson for the Bo City Police emphasized the importance of reporting such crimes, and warned the public about the dangers of falling for get-rich-quick schemes. “These kinds of scams are designed to exploit people’s trust; and unfortunately, many individuals fall victim to them,” the spokesperson said. “We urge residents to be cautious and report any suspicious activities to the police.”

Residents of Bo City have expressed relief following the arrests; and many are hopeful that the action taken by the police will serve as a deterrent to other potential fraudsters in the area.

As the investigation unfolds, the suspects remain in custody, with authorities urging anyone else who might have fallen victim to similar schemes to come forward and assist in the ongoing probe.

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