Author Topic: Naeto C Involved In N400,000 Fraud Case  (Read 576 times)


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Naeto C Involved In N400,000 Fraud Case
« on: Nov 23, 2012, 06:01 PM »
F.B.S Entertainment(an Abuja based outfit) has accused Naija rapper Naeto C of allegedly defrauding them. To break down the accusation, F.B.S said they paid Naeto C N400,000 for a show which he collected the owo but refused to show up.
They claim that Naeto C has not paid back the N400,000 for the show which he missed at Cubicle Arena, Maitama Garden, Maitama on the 18th of July, 2012.
Below is their official Press Release.
We write to report the case of obtainment by false pretense committed against our enterprise Fine Boy Swag Entertainment (here in referred to as “Our Company”) by Mr. NAETO CHIKWE. (A musician by profession who is popularly known as “NAETO C” also herein referred to as “NAETO C”.)
We would like to state that we had discussions with NAETO C  over a contract to perform at the show which was scheduled tohold at Cubicle Arena, Maitama Garden, Maitama on 18th of July 2012 by 5:00pm in Abuja, Federal Republic of Nigeria and he agreed to perform at the show. Our agreement is detailed in a one page contract agreement dated 14th July, 2012 and signed by NAETO C and our enterprise. A copy of said contract is hereby attached.
Evidence of Agreement From F.B.S Consequently, and as agreed upon discussions with NAETO C, Our Company paid a deposit in the sum of four hundred thousand Naira (N400, 000.00) in to NAETO C’s Guaranty Trust Bank (GTB) Account with the account details as follows Account Name: Naeto Chikwe. Acct Number: 0115788951.
A copy of the GTB payment teller is hereby attached.
NAETO C defaulted in performing as agreed inthe contract signed, and also failed to pay back the money paid in respect of the contract four hundred thousand Naira (N400,000.00) being the deposit paid in respect of the contract.
His actions as stated above apart from being a breach have also constituted an obtainmentby false pretense which constitutes an offence under the laws of the Federal Republic of Nigeria.
We hereby write to inform the general public of the activities constituting a betrayal of trust and serious criminal offence which should be accorded attention by all concerned.
NAETO C’s actions have made Our Company tosuffer damages, which among others include loss of good image, business goodwill and withdrawal of contract deals by clients as many clients now see Our Client as being unreliable.
Our discussions with NAETO C to recover the amount paid have been fruitless and have been met with insults.
We have written to EFCC to ensure that justice is done in respect of this matter and also to ensure that NAETO C is brought to book to curb the crime rate in Nigeria
We will be available for further consultations in respect of this matter as the claims are not in any way frivolous.
Yours faithfully,
Muhammad Nura

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Naeto C Involved In N400,000 Fraud Case
« on: Nov 23, 2012, 06:01 PM »