EFCC To Investigate Naeto C

Rapper Naeto C has been accused of fraud by Fine Boy Swag Entertainment . According to the letter ,the sum of N400k was paid into Naeto C's account to perform on their show but he did not show up and has refused to refund the money back to FBSE.  Read letter below

                                13TH NOVEMBER, 2012

ATTENTION: ALL MEDIA HOUSES

REPORT OF FRAUDULENT OBTAINMENT OF MONEY BY MR NAETO CHIKWE

We write to report the case of obtainment by false pretense committed against our enterprise Fine Boy Swag Entertainment (herein referred to as “Our Company”) by Mr. NAETO CHIKWE. (A musician by profession who is popularly known as “NAETO C” also herein referred to as “NAETO C”.) We would like to state that we had discussions with NAETO C  over a contract to perform at the show which was scheduled to hold at Cubicle Arena, Maitama Garden, Maitama on 18th of July 2012 by 5:00pm in Abuja, Federal Republic of Nigeria and he agreed to perform at the show. Our agreement is detailed in a one page contract agreement dated 14th July, 2012 and signed by NAETO C and our enterprise. A copy of said contract is hereby attached.

Consequently, and as agreed upon discussions with NAETO C, Our Company paid a deposit in the sum of four hundred thousand Naira (N400, 000.00) in to NAETO C’s Guaranty Trust Bank (GTB) Account with the account details as follows Account Name: Naeto Chikwe. Acct Number: 0115788951.
A copy of the GTB payment teller is hereby attached. NAETO C defaulted in performing as agreed in the contract signed, and also failed to pay back the money paid in respect of the contract four hundred thousand Naira (N400,000.00) being the deposit paid in respect of the contract.  His actions as stated above apart from being a breach have also constituted an obtainment by false pretense which constitutes an offence under the laws of the Federal Republic of Nigeria.  We hereby write to inform the general public of the activities constituting a betrayal of trust and serious criminal offence which should be accorded attention by all concerned.
NAETO C’s actions have made Our Company to suffer damages, which among others include loss of good image, business goodwill and withdrawal of contract deals by clients as many clients now see Our Client as being unreliable.  Our discussions with NAETO C to recover the amount paid have been fruitless and have been met with insults.
We have written to EFCC to ensure that justice is done in respect of this matter and also to ensure that NAETO C is brought to book to curb the crime rate in Nigeria We will be available for further consultations in respect of this matter as the claims are not in any way frivolous.

Yours faithfully,
Muhammad Nura
 FOR: FINE BOY SWAG ENTERTAINMENT