Two Businessmen Granted Bail in $130,000 Gold Fraud Case

Two Businessmen Granted Bail in $130,000 Gold Fraud Case

Two businessmen accused of orchestrating a $130,000 gold fraud scheme have been granted bail by the Pademba Road Court No. 1.

The defendants, Isaac Jeptha Mamatta, 25, and Ibrahim Al-wahhab, appeared before Magistrate Mustapha Brima Jah facing charges of conspiracy to defraud and obtaining money by false pretenses. The allegations stem from an incident in December 2025, in Metchem, Goderich, where the pair reportedly claimed they could sell three kilograms of gold to the complainant, Paul Joseph Francis, for shipment to Dubai.

Prosecutors allege that the defendants knowingly misled Mr. Francis to secure $130,000 and Le 20,000 in cash. As this is a committal proceeding, no plea was taken when the charges were read.

Prosecutor Inspector Kadie M. Taylor confirmed that the defense counsel has been served with the inquiry file. Magistrate Jah granted bail set at Le 500,000, requiring two sureties who must provide proof of employment and valid identification. The bail must be approved by the Deputy Assistant Registrar.

The matter has been adjourned until July 27, 2026.