A couple, Emmanuel and Victoria Jaiyeoba, have been arrested by operatives of the Economic and Financial Crimes Commission (EFCC) for allegedly defrauding unsuspecting victims in a N935million ponzi scheme.
The suspects, who are parents to Adewale Daniel, Marketing Director, Wales Kingdom Capital Limited were arrested at their residence in Ibadan, Oyo State.
EFCC Head of Media, Wilson Uwujaren, who disclosed this in a statement said the suspects, in complicity with their son (still at large), operate the scheme in the guise of forex trading.
Uwajaren stated that Emmanuel, a Director in Wales Kingdom Capital, operates five bank accounts and had received a sum of N18,397,913 before his arrest.
The wife, Victoria, operates six bank accounts through which she received transactions to the tune of N916,607,715.
He added that the suspects will soon be charged to court.