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General News of Tuesday, 21 January 2003

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UK-based Ghanaian Pastor Defrauds Investors

THE HORROR OF US INVESTORS!… UK-BASED GHANAIAN REV. MINISTER USES THE NAME OF GHANA GOVT. TO DEFRAUD THEM OF 1.3 MILLION DOLLARS!



According to THE CRUSADING GUIDE, Rev. Godfred Sarpong who ministers at the Fresh Anointing Church, Tottenham, U.K. has taken advantage of the investment drive by the Ghana Government to fleece off American investors to the tune of $1.3 million.

He is alleged to have told the investors how close he was to the Ghanaian Government, adding that he would use the investors’ money to buy gold bullion in Ghana and sell it in England at a 12% profit rate.

According to the paper, the Texas Police are on the heels of Rev. Godfred Sarpong. He had been declared a fraudster by the United States Securities and Exchange Commission (SEC), a US State organisation responsible for protecting investors and maintaining the integrity of the securities market across the world.