Con Man Swindles Elderly GA Woman Out of $2.4 Million

Mabasa Nehkairo, a 58 year old Acworth man, is nothing but a con man. He claimed that he is  “financial planner and accountant” and that is how he was able to swindle an 83-year-old Sandy Springs woman out of $2.4 million. He is now in the Fulton County Jail, and his bail is set at $2 million cash bond.

These shenanigans have been very slow rolled, and he collected the money from her over the last ten years. This means he built up a relationship with her, and she likely trusted him completely. What a dirtbag!

“He had made contact with her through the internet, stated that he was a financial adviser for several firms,” Sgt. Sam Worsham told Channel 2’s Mike Petchenik.  “He had promised a return for her initial investment.”

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Worsham said over a 10-year period, Nehkairo funneled $2.4 million of the 83-year-old victim’s money into his own accounts, buying a home, expensive jewelry and trips overseas.

“At one time he sent her a request for over $30,000, but asked her to deposit it in $10,000 increments over three months,” Worsham said.

Officials verified that all of Nehkairo’s income was solely from the victim. He didn’t have any other source of income.

Worsham said Nehkairo escalated the ruse by making the woman believe they were in a romantic relationship.

“There were some promises of marriage to continue the relationship,” he said. “He never had intentions of marrying her. She was led to believe they were in more of a relationship than they were.”

Customs agents arrested Nehkairo last week at the airport after he arrived home from a trip overseas.

“We believe this is Mr. Nehkairo’s mode of getting money, so there may be additional people out there who have been defrauded by him,” Worsham said.

Neighbors of the Sandy Springs woman told Petchenik they were saddened to hear of the fraud.

“I just hope she gets back her money,” said Steve Jaffe. “Elderly people need to be very careful and have the support of family that helps them manage, but sometimes elderly people can be very stubborn.”

Nehkairo’s daughter told Petchenik his family is “shocked” by the allegations. She said her father is, in fact, a financial planner.

So it sounds like maybe he legitimately was a financial planner at one point in his life, and somewhere along the way, he found out that he could make much more money by conning and swindling money out of people.

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Keely Sharp

Keely Sharp

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