Company Executive Arrested Over N128m Investment Scam in Ibadan

May 30, 2021
10 Views

/* custom css */
.tdi_59.td-a-rec{ text-align: center; }.tdi_59 .td-element-style{ z-index: -1; }.tdi_59.td-a-rec-img{ text-align: left; }.tdi_59.td-a-rec-img img{ margin: 0 auto 0 0; }@media (max-width: 767px) { .tdi_59.td-a-rec-img { text-align: center; } }
Advertisement

The Ibadan Zonal Office of the Economic and Financial Crimes Commission, EFCC, have arrested 43-year-old Amos Olugbenga Olaniyan for allegedly defrauding people of over N128,000,000.00 (One Hundred and Twenty-Eight Million Naira) in a fraudulent investment scheme.

He was arrest following series of petitions by victims. The petitioners alleged that Amos through his company, DHIL Nigeria Limited popularly known as Crime Alert Security Network Investment, persuaded them to invest in a network scheme which offered a monthly 30% returns on investment. According to some of the victims, they were persuaded to invest after listening to the suspect’s weekly radio programme.

However, after investing their monies they neither received the promised interest nor get a refund of their capital since 2020.

/* custom css */
.tdi_58.td-a-rec{ text-align: center; }.tdi_58 .td-element-style{ z-index: -1; }.tdi_58.td-a-rec-img{ text-align: left; }.tdi_58.td-a-rec-img img{ margin: 0 auto 0 0; }@media (max-width: 767px) { .tdi_58.td-a-rec-img { text-align: center; } }

Advertisement

Exasperated, they petitioned the EFCC. The Commission, in the course of investigation, discovered that the suspect operated a classic Ponzi scheme and had defrauded hundreds of people, some of whom reported orally to the Commission. Indeed, petitions are still pouring into the Commission on a daily basis from his alleged victims.

Furthermore, it was discovered that DHIL Nigeria Limited, the vehicle used by Amos to scam his victims, was not registered with the Central Bank of Nigeria as a financial institution.

Five exotic cars, three landed properties and other incriminating documents were recovered from the suspect.

He will be charged to court as soon as the investigation is concluded.

You may be interested

Euro 2020: Harry Kane breaks silence after Southgate took him off against Scotland
News
1 views
News
1 views

Euro 2020: Harry Kane breaks silence after Southgate took him off against Scotland

admin - June 20, 2021

England captain, Harry Kane, has insisted he bears no grudges against Gareth Southgate for taking him off in both their…

News

Biafra: Igbos will lose more if Nigeria breaks up – Okorocha

admin - June 20, 2021

Rochas Okorocha, the Senator representing Imo West, has cautioned the Southeast against their agitations for Nigeria’s breakup. Okorocha warned that…

Kebbi Abduction: Gov Bagudu Assembles Hunters, Leads Rescue Operation in Forest
News
2 views
News
2 views

Kebbi Abduction: Gov Bagudu Assembles Hunters, Leads Rescue Operation in Forest

admin - June 20, 2021

*Kebbi governor, Alhaji Atiku Bagudu. By Muhammad Lawal Governor Atiku Bagudu of Kebbi State on Saturday vowed to lead the…

Leave a Comment