The self-styled banker who allegedly convinced about a 100 traders at Makola to do daily savings with his investment company, but ended up swindling them of various sums of money totalling Gh¢37,495, has been granted bail by an Accra Circuit Court. The accused person, Bright Sam, using the company's name Bright Future Investment Ltd, located at Kantamanto, allegedly dispatched some people to the Central Business district to collect the daily savings (susu) from the traders, with the assurance of giving them a loan when the need arises. However, he went into hiding when he succeeded in collecting the huge sums of money from the traders. Bright Sam was granted a GH¢50,000 bail with three sureties, one to be justified. This was after the accused person's lawyer had indicated to the court presided over by Patience Mills Tetteh that his client had some properties he intends to rent out to enable him defray his debt. The judge ordered him to deposit his passport with the court registrar, after which she adjourned the matter to September 13, 2010, for the hearing to begin. The accused person has pleaded not guilty to a charge of fraudulent breach of trust. Briefing the court on how the accused went about his business, DSP Kofi Blagodzi stated that the complainants are traders and artisans living in various suburbs of Accra but work their within the Accra Central business district, whilst the accused is a self-styled businessman based at Madina, also a suburb of Accra. In 2009, Sam established an investment company and employed young men and women, who went round the complainants' work places to convince them to make daily savings with the company for a period of time, after which the company would give them soft loans. The complainants, who were convinced, saved individually to the total sum of GH¢37,495.00 from March 2009 to date. The prosecutor indicated that when the complainants went in for the loans or to withdraw their deposits, they were given excuses by the accused person. Later, Sam closed down the facility and went into hiding. According to the prosecutor, on July 23, 20 I 0, a customer discovered, Sam's hideout and informed the police, leading to his arrest. Source: Daily Guide