{"id":33616,"date":"2021-10-24T17:53:40","date_gmt":"2021-10-24T17:53:40","guid":{"rendered":"https:\/\/www.withinnigeria.com\/entertainment\/?p=33616"},"modified":"2021-10-24T18:37:14","modified_gmt":"2021-10-24T18:37:14","slug":"actor-muyiwa-ademola-clashes-with-investors-over-fraud-allegations","status":"publish","type":"post","link":"https:\/\/www.withinnigeria.com\/entertainment\/2021\/10\/24\/actor-muyiwa-ademola-clashes-with-investors-over-fraud-allegations\/","title":{"rendered":"Actor, Muyiwa Ademola, Clashes With Investors Over Fraud Allegations"},"content":{"rendered":"<p>Veteran actor,\u00a0 <a href=\"https:\/\/www.withinnigeria.com\/entertainment\/2021\/05\/17\/the-one-who-completes-me-actor-muyiwa-ademola-pens-down-a-lovely-tribute-to-celebrate-his-wife\/\">Muyiwa Ademola<\/a> is currently in the eye of the storm for allegedly defrauding some investors of their hard-earned money.<\/p>\n<p>The investors who are hell bent on retrieving their money had invested in Lagos-based agricultural investment scheme owned by Eatrich Farms and Food Limited, which the actor represents as its ambassador.<\/p>\n<p>The investors, who are some of the actor\u2019s fans, claim that the owner of the company, Sam Afolabi, made away with their dividends and capital. They were lured to invest in the scheme when the talented actor convinced them that the company was genuine in its dealings.<\/p>\n<p><img decoding=\"async\" class=\"aligncenter size-full wp-image-33623\" src=\"https:\/\/www.withinnigeria.com\/entertainment\/wp-content\/uploads\/sites\/6\/2021\/10\/ola_peter\/2021\/10\/24\/actor-muyiwa-ademola-clashes-with-investors-over-fraud-allegations.jpg\" alt=\"\" width=\"1080\" height=\"1076\" srcset=\"https:\/\/www.withinnigeria.com\/entertainment\/wp-content\/uploads\/sites\/6\/2021\/10\/ola_peter\/2021\/10\/24\/actor-muyiwa-ademola-clashes-with-investors-over-fraud-allegations.jpg 1080w, https:\/\/www.withinnigeria.com\/entertainment\/wp-content\/uploads\/sites\/6\/2021\/10\/ola_peter\/2021\/10\/24\/actor-muyiwa-ademola-clashes-with-investors-over-fraud-allegations-300x300.jpg 300w, https:\/\/www.withinnigeria.com\/entertainment\/wp-content\/uploads\/sites\/6\/2021\/10\/ola_peter\/2021\/10\/24\/actor-muyiwa-ademola-clashes-with-investors-over-fraud-allegations-1024x1020.jpg 1024w, https:\/\/www.withinnigeria.com\/entertainment\/wp-content\/uploads\/sites\/6\/2021\/10\/ola_peter\/2021\/10\/24\/actor-muyiwa-ademola-clashes-with-investors-over-fraud-allegations-150x150.jpg 150w, https:\/\/www.withinnigeria.com\/entertainment\/wp-content\/uploads\/sites\/6\/2021\/10\/ola_peter\/2021\/10\/24\/actor-muyiwa-ademola-clashes-with-investors-over-fraud-allegations-768x765.jpg 768w\" sizes=\"(max-width: 1080px) 100vw, 1080px\" \/>Some of the victims said they invested as much as N2 million of which the company promised a return on investment after six months. They were shocked when one investor, who had breast cancer and was in urgent need of treatment, cried out on social media that her money was trapped. Sam Afolabi, assured them that his company was insured with Leadway Assurance. He later took to his heels and put his office under lock and key after the insurance company disassociated themselves from the crisis.<\/p>\n<p>The insurance company stated that Eatrich Farms and Food Limited used its logo without its consent as it only insured the latter\u2019s catfish business.<\/p>\n<p>The insurance company also said it did not cover Eatrich Farms investors\u2019 funds and their investment schemes. The victims then wrote a petition to Alagbon Police Station in Lagos and the company\u2019s ambassadors were invited, but they never showed up. The victims also petitioned the Economic and Financial Crimes Commission over the matter.<\/p>\n<p>While stating his own side of the story, Muyiwa Ademola described the situation as unfortunate. He said all efforts he made to ensure that Afolabi paid the aggrieved investors proved abortive.<\/p>\n<p>At one point, Afolabi promised to sell some of his properties to settle the investors\u2019 debts, but failed do so. He only threatened to relieve the actor of his ambassadorial appointment. The actor has since distanced himself from Eatrich Farms and Food Limited.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Veteran actor,\u00a0 Muyiwa Ademola is currently in the eye of the storm for allegedly defrauding some investors of their hard-earned money. The investors who are hell bent on retrieving their money had invested in Lagos-based agricultural investment scheme owned by Eatrich Farms and Food Limited, which the actor represents as its ambassador. The investors, who [&hellip;]<\/p>\n","protected":false},"author":28,"featured_media":33624,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"footnotes":""},"categories":[3],"tags":[6699,2864,48,6700],"class_list":["post-33616","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-celebrities","tag-eatrich-farms-and-food-limited","tag-muyiwa-ademola","tag-nollywood","tag-sam-afolabi"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.8 (Yoast SEO v27.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Actor, Muyiwa Ademola, Clashes With Investors Over Fraud Allegations<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.withinnigeria.com\/entertainment\/2021\/10\/24\/actor-muyiwa-ademola-clashes-with-investors-over-fraud-allegations\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Actor, Muyiwa Ademola, Clashes With Investors Over Fraud Allegations\" \/>\n<meta property=\"og:description\" content=\"Veteran actor,\u00a0 Muyiwa Ademola is currently in the eye of the storm for allegedly defrauding some investors of their hard-earned money. The investors who\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.withinnigeria.com\/entertainment\/2021\/10\/24\/actor-muyiwa-ademola-clashes-with-investors-over-fraud-allegations\/\" \/>\n<meta property=\"og:site_name\" content=\"ENTERTAINMENT \u2014 WITHIN NIGERIA\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/facebook.com\/withinnigeria\" \/>\n<meta property=\"article:published_time\" content=\"2021-10-24T17:53:40+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-10-24T18:37:14+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cdn1.withinnigeria.com\/entertainment\/wp-content\/uploads\/sites\/6\/2021\/10\/ola_peter\/2021\/10\/24\/actor-muyiwa-ademola-clashes-with-investors-over-fraud-allegations-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"450\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Samuel 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