- JUST IN: Seven killed in Gov Obaseki’s convoy accident
- BREAKING: Kogi Deputy Gov Achuba impeached
- BREAKING: Gunshots in Abuja as police disperse protesting Shi’ites
- BREAKING: Again, fuel tanker explodes in Onitsha
- BREAKING: We’ll only register candidate with NIN for 2020 UTME – JAMB
- BREAKING: Fuel tanker explodes in Onitsha [VIDEO]
- BREAKING: Police raid another torture centre in Katsina
- BREAKING: Labour, Reps meeting failed to hold, as NLC seeks new date
- BREAKING: EFCC re-arraigns Atiku’s lawyer over $2m money laundering
- 18 days after kaduna house of horror, chained children found at religious centre in Daura
Ponzi scheme operators arrested by EFCC over N2bn scam
Operatives of the Economic and Financial Crimes Commission, EFCC in Rivers state have arrested up to 19 staff of a fake investment company operating a Ponzi Scheme with which they have duped members of the public N2,000,000,000.
According to reports, It was gathered that the suspected company called Bluekey Investment Club, operating from Sonia Mall, 42 Woji Road, YKC Junction, Port Harcourt, Rivers State, was initially registered with the Corporate Affairs Commission( CAC) as a Software Development and General Contracting Firm, but allegedly diverted into an interest-yielding Ponzi Scheme with ten percent (10%) weekly returns on investment over (6) Months.
It was also noted that the Scheme guaranteed total returns of invested capital after six months.
The EFCC spokesman, Wilson Uwujaren revealed this in a statement in Abuja.
He said “Nineteen members of staff of the company were rounded up on Friday, August 30, 2019, in Port Harcourt.
“Among them are five Principal Officers: Princess Tsaroigbara( Public Relations Officer) ; Onwusa Frances Chineze( Accountant); Naabe Gunugu( Payment Confirmation Staff), Tambari Success( Customer Service) and Anorue Maureen( Receptionist). The Chairman of the company: Neenwi Swanu was at large as at the time of arrest”.
Valuable items obtained from the company include computer units and a sum of N459,300.
Wilson Uwujaren said the suspects would be charged to the court of law immediately the investigations are concluded.