How EFCC arrest 40-year-old man for operating Ponzi
Scheme in Ibadan
A
40-year-old man, Ayodele Saheed Olaniyi, is currently cooling his heels in the
custody of the Economic and Financial Crimes Commission, EFCC, Ibadan zonal
office for allegedly duping people of sums totalling Three hundred and
forty-three million, eight hundred and eighty thousand naira (N343,880,000).
Olaniyi
was arrested by the commission following a petition addressed to the EFCC’s
Executive Chairman, and filed on February 13, 2018.
Signed
by a lawyer, Mr. Jimoh Ayofe Tijani of E.F.A. Adeola & Co, the petition was
prepared at the instance of 89 individuals, who claimed to be victims of the
suspect’s alleged fraudulent acts.
The
petitioner alleged that they were hoodwinked by Olaniyi into investing in a
network business called Beerbanc Traders’ Network.
The
business required that they pool resources together to establish a beer
retailing business with the promise that the proceeding would be shared every
month among the investors and the coordinating company.
They
further alleged that after collecting their money, Olaniyi neither share
profits with them since October 2018 nor return their invested sums, even when
it was apparent that the business would not fly.
Upon
receipt of the petition, the acting chairman of EFCC, Mr. Ibrahim Magu, had
assigned detective officers to look into its merit. Their findings were
shocking.
In
the course of their investigation, the detectives discovered that the suspect
was operating eight different bank accounts through which he enlisted.
what are your views , please drop your opinion on comment side .
Disclaimer:
Comments
expressed here do not reflect the opinion of samolusanjos.blogspot.com
Kindly Share This Story
No comments:
Post a Comment