Operatives of the Kaduna Zonal Directorate of the Economic and Financial Crimes Commission (EFCC), have said they arrested 28 suspected Ponzi scheme operators in Minna, the Niger State capital.
The suspects were named as Nofisat Opeyemi, Shukurat Muritala, Odunayo Sanni, Mayowa Oyekola, Aishat Olaitan, Edward Hannah, Abioye Fathiah, Joseph Omowunmi, Kareem Ahmed, Arikeusola Afeez, Adiamo Mutholib, Abbas Ibrahim, Wasiu Taofeek, Adeniji Damilare, Nurudeen Akinola and Mubarak Yekeen.
Others are; Adedeji Ayobami, Alani Samuel, Ogundele Yunus, Adekunle Ibrahim, Adewale Azeez, Rufai Faruk, Fawaz Yekeen, Olade Abdullahi, Ahmed Murtala, Adisa Habeebllahi Akorede, Adigun Timilehin and Abdulfatai Ridwannullah.
Their arrest according to a statement by the Commission followed credible intelligence that linked them to fraudulent
investment activities with a company,
Q-Net Ltd, which operates from a three-bedroom apartment in
Al-Bishiri Estate, Minna, Niger State.
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The EFCC said victims were lured to believe that the company was international with affiliates in Dubai, India, Indonesia and Thailand, and made to part with between $790 to $850, amounting to N1,462,000 (One Million, Four Hundred and Sixty-two Thousand) as registration fee and for product purchases.
Similarly, EFFC claims that some of those arrested while receiving lectures on Ponzi scheme operations, were dressed up as “network marketing.”
Items said to have been recovered from the suspects included Q-Net application forms and other documents.
The Nigerian anti-graft agency said the suspects would be charged in court as soon as investigations are concluded.
(Editor: Ken Eseni)
