Four persons were arrested on the order of the Monrovia City Court at the Temple of Justice for their alleged involvement in financially defrauding the African Methodist Episcopal University (AMEU) on Camp Johnson Road in Monrovia.
"You are hereby commanded to arrest the living bodies of Justina Yoryour, Jason Nyenow, Christie K. Mature and Shallington A. Smith," the writ of arrest issued by the Monrovia City Court on the alleged fraudsters read.
The four arrested individuals are said to be among 500 students who duped the institution of over US$75,000.00.
Justina Yoryour, Jason Nyenow, Christie K. Mature and Shallington A. Smith allegedly issued fake bank slips to the AME University for the past time which resulted to the institution losing huge financial amount.
The arrested persons, according to unconfirmed reports, are said to be former students or graduates of the university and have been charged with "theft of property" by the Monrovia City Court.
The court described the alleged act of the defendants as unlawful, criminal and illegal and in violation of section 15.51 of the New Penal Law of the country.
The writ further clarifies that the alleged defendants "fraudulently did steal, take and carry away the amount of US$172,000 being school fees intended for the said university and intentionally converted the same into their personal use and benefit with the intent to deprive the institution thereof," the writ of arrest noted.
The writ of arrest from the court was issued upon the alleged fraudsters on March 6, 2006 by officers of the Liberia National Police in Monrovia.
However, the four arrested persons have filed in a criminal appearance bond at the court and are expected to appear in court today, March 10, 2006 at 11:00 am to answer to the charge of "theft of property." At the same time, it has been revealed that four other students connected to the fraud at the AME University are on the run.
According to our investigation conducted recently, the four other students allegedly involved in the fraud escaped after they learnt that some of their colleagues had been nabbed by the police.
The police also said that the scam at the AME University took place since September 2005 but was discovered in February 2006 by the authority of the university.
AME University and other universities require students in Monrovia to deposit their tuitions with selected commercial banks in the country.
It is this practice that has been masterminded by the students. At least 500 students of the university have been linked to a "419 students scam" at the institution.
The alleged students issued fake bank slips to the universities from some agencies by giving their money through friends or some faking gangs called "419 gangs" to deposit and they obtain fake slips.
The bank through which the institution pays their tuition is the former International Trust Company (ITC), now referred to as International Bank (IB).
Unconfirmed reports reaching our news desk have it that the Cuttington University (CU) has also been attacked by "419 gangs" who are said to be roaming the country.