Man grabbed for swindling Korean of $250,920

Stephen Kwadwo Korankye (left) and Godwin Adebayor Mortey after their arrest.   Inset: Emmanuel Mawulawor Kwesi

Stephen Kwadwo Korankye (left) and Godwin Adebayor Mortey after their arrest. Inset: Emmanuel Mawulawor Kwesi

A self-styled business man, Stephen Kwadwo Nana Korankye, who has been on the police wanted list for the past four years for allegedly swindling a Korean businessman of $250,920 has been arrested by the Police.

Korankye, 49, and his accomplices Godwin Adebayor Mortey, 34, and Emmanuel Mawulawor Kwesi 57, were arrested at their hideout at Gbawe in Accra.

The Director General of the Criminal Investigations Department (CID), of the Ghana Police Service, Commissioner of Police (COP) Prosper Kwame Agblor, told The Ghanaian Times that on September 4, 2012, Korankye was arrested  for defrauding a Korean businessman of  $250,920, under the pretext of supplying him with six kilogrammes of gold.

He said, Korankye was later granted Police enquiry bail to be reporting periodically to assist in the investigation, but he jumped bail and his whereabouts remained unknown. COP Agblor said on June 4, Korankye again lured a Nigerien (name withheld) into Ghana, after he had falsely represented to him that there was a box of money which was shipped from Libya to Ghana that belonged to the Nigerian’s dead relative.

The CID boss said that Korankye told his victim the box of money was in his custody and requested the complainant to pay some money, which he termed handling charges, to enable him collect the box.

He said based on the false representation, Korankye collected 35,000,000 CFA from the complainant, and failed to deliver on his promise but rather demanded additional 160,000,000 CFA from the complainant before he would release the box containing the money to him.

COP Agblor said the complainant became suspicious and alerted the Police, adding Korankye was arrested at his hideout at Gbawe together with Adebayor Mortey and Kwesi.

He said they are in custody assisting the police in investigations.

COP Agblor urged the public who had fallen victims to such scam to report to the CID.

By Anita Nyarko-Yirenkyi

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