A ponzi investor identified as Ada Kole
has died in Kubwa , a satellite town in
the Federal Capital Territory after
drinking insecticide following the
crash of the MMM scheme.
The young man, whose wedding was
rescheduled from December last year
to May , 2017 reportedly died on
Monday night following complications
arising from the poison he took late
last year .
Kole had reportedly invested about
N750 , 000 in the scheme in November
last year and was expecting to get his
30 per cent income when the MMM
crashed and he lost his money .
A family source said Kole passed away
after suffering from stomach
complications as a result of the poison .
The source said , “ Kole died yesterday
(Monday) evening and his body has
been deposited in a mortuary. He died
from the complications he suffered
from the poison he took last year . He
had a terrible stomach ache and was
rushed to the hospital where he died.”
Asked if the Benue State indigene was
paid by the MMM before his demise ,
the source said , “ No , he was not paid.
In fact , he threatened to arrest his
guider before the stomach upset
returned last week and we rushed him
to the hospital where he finally died,”
he added.
It was gathered that his fiancée had
been inconsolable since his passage .
Kole had earlier opened up on his
predicament during a phone - in radio
programme in Abuja last December
where he admitted making profits
from the scheme before it crashed .
He explained that he initially invested
N20 , 000 and got 30 per cent interest
few weeks later.
He said , “ I came to Abuja from Benue
few months back in preparation for
my wedding and my friend introduced
me to the MMM thing . He told me
about the benefit involved , though I
was a bit hesitant about it but he
succeeded in convincing me to register
under him.
“ To be honest, I initially invested
N20 , 000 into the scheme and I got 30
per cent the following month . The
following month , I did N50 ,000 and I
still got 30 per cent commission and
my full investment back.”
Kole stated that he decided to increase
his investment so he could make more
money , but he apparently
miscalculated .
He said . “ This time, I believed it was
real and I decided to increase my
investment . Before then , my fiancée
had warned me against it. So I went to
my cooperative to obtain a loan and
they gladly gave , thinking it was for
my wedding .
“ I put in N 750 k last month
(November, 2016) hoping it would yield
30 per cent income this month
(December ) only to wake up one
morning to discover that my account
has been suspended. ”
The deceased had told his interviewer
that he took the insecticide because he
did not know how to tell his fiancée
that he had lost the money for their
wedding.
He added, “ To be sincere , the best
option I had then was to take my life ,
because I didn ’t know how I was going
to face my woman . I didn ’t even know
when I took the insecticide . ”
The FCT police spokesman , Anjuguri
Manzah said Kole’s death had yet to be
reported to the police .
.jpg)