Pastor Ebonyi acquired hotel, factory with subscribers’ funds -EFCC

Economic and Financial Crimes Commission, EFCC, has said General Overseer of Faith of The Rock Ministry International, Apostle Theophilus Ebonyi, recently arrested acquired many properties with the proceed of the fraud.

Ebonyi was said to have acquired a 23-room hotel, a pure water factory, two blocks of a Primary School and two bungalow office at Nyanya-Gwandara, New Karu, Abuja and a five-bedroom duplex at Karsana, Abuja with the proceeds of his fraudulent dealings with his subscribers.

He also alleged to have set up a live broadcast channel with studio equipment for his Theobarth Global Foundation with the funds of his subscribers.

Ebonyi was arrested in 2023 by the EFCC for allegedly defrauding his church members and other Nigerians using fake grants from the Ford Foundation to the tune of N1.319billion.

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He was arrested for allegedly defrauding his victims, comprising non governmental organisations, NGOs and individuals by advertising an intervention project through his NGO (Theobarth Global Foundation) claiming that the Ford Foundation was offering a grant of $20,000 to assist the less-privileged in the society.

He allegedly hoodwinked his victims to subscribe as beneficiaries of the phony grant by asking them to pay for registration forms and clusters.

Each subscriber was made to pay N1.8million.

Through this arrangement, Ebonyi allegedly raked in N1.91billion.

His subscribers are innocent and unsuspecting Nigerians and NGOs across the country.

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