Police arrest, repatriate ‘Chinese fugitive’ over alleged $245…
The Nigeria Police Force (NPF) says its operatives have arrested and repatriated Xu Qing, a “Chinese fugitive”, to China to face…
Browsing Tag
Ponzi Scheme
EFCC hands over N96.5m to victims of Ponzi scheme in Enugu
The Economic and Financial Crimes Commission (EFCC) has returned ₦96.5 million to victims of ponzi schemes in Enugu State.
The…
How to recognise a Ponzi scheme — SEC
The Director-General of the Securities and Exchange Commission (SEC), Emomotimi Agama, has urged Nigerians to remain vigilant and…
‘Another ponzi scheme in town,’ SEC warns Nigerians against…
The Securities and Exchange Commission (SEC) has warned Nigerians about the activities of Forsman & Bodenfors Limited, also…
CIS President Alerts Nigerians on unregistered investment platforms plans
The President and chairman of Council, Chartered Institute of Stockbrokers (CIS), Oluropo Dada, has said that any unregistered…
SEC uncovers new Ponzi scheme, warns Nigerians against investing
The Securities and Exchange Commission (SEC), has alerted the investing public that a firm known as Poyoyo Investment (Pilvest)…
Lawyer petitions EFCC, AGF, others over alleged N2bn Ponzi scheme fraud
A legal practitioner, Mr Ifeanyi Mamah, has petitioned the Economic and Financial Crimes Commission (EFCC) and the Attorney…
Investors in Oko Oloyun’s Ponzi scheme storm office to demand money after…
Tens of Lagosians stormed the LASU Road office of late Alhaji Fatai Yusuf, popularly known as Oko Oloyun, to demand the money…
Ponzi Scheme Promoters are False Prophets of Investment Environment –…
For the umpteenth time, the Securities and Exchange Commission (SEC) has warned Nigerians not to patronise anyone or company…
SEC, NFIU sign MoU to tackle ponzi schemes, fraud
The Securities and Exchange Commission (SEC) has signed a Memorandum of Understanding (MoU) with the Nigerian Financial…