Metro

EFCC Alerts Nigerians On 58 Illegal Ponzi Scheme Operators

Published

5 months ago

March 11, 2025

The Economic and Financial Crimes Commission has raised the alarm over the activities of 58 illegal Ponzi scheme operators defrauding Nigerians under the guise of investment opportunities.

In a statement released on Tuesday by the EFCC’s Head of Media and Publicity, Dele Oyewale, the anti-graft agency disclosed that the companies are neither registered with the Central Bank of Nigeria nor the Securities and Exchange Commission, making their operations illegal.

Oyewale noted that the commission has taken legal action against many of the entities, leading to the conviction of five, while another five have pleaded guilty and are awaiting further judicial processes.

He added that other cases are still pending arraignment.

The statement read in part, “In line with its commitment to sanitising the financial space of the nation and providing the investing public with adequate and reliable information, the EFCC hereby alerts Nigerians to the operations of 58 companies posturing as investing entities but defrauding innocent citizens of their hard-earned money.”

According to Oyewale, some of the flagged companies include Wales Kingdom Capital, Bethseida Group of Companies, AQM Capital Limited, Titan Multibusiness Investment Limited, Brickwall Global Investment Limited, Farmforte Limited & Agro Partnership Tech and Green Eagles Agricbusiness Solution Limited among others.

The statement added, “Richfield Multiconcepts Limited, Forte Asset Management Limited, (Biss Networks Nigeria Limited, S Mobile Netzone Limited, Pristine Mobile Network), Letsfarm Integrated Services, Bara Finance & Investment Limited, Vicampro Farms Limited, Brooks Network Limited, Gas Station Supply Services Limited, Brass & Books Limited, (Annexation Biz Concept & Maitanbuwal Global Venturescrowdyvest Limited,) and Crowdyvest Limited,

“Others are: Jadek Agro Connect Limited, Adeeva Capital Limited, Oxford International Group and Oxford Gold Integrated, Skapomah Global Limited, MBA Trading & Capital Investment Limited, TRJ Company Limited, Farm4Me Agriculture Limited, Quintessential Investment Company, Adeprinz Global Enterprises, Rockstar Establishment Limited, SU.Global Investment, Citi Trust Funding PLC, Farm Buddy, Eatrich 369 Farms & Food, Globertrot Farmsponsors Nigeria Limited, Farm Sponsors Limited, Cititrust Credit Limited, Farmfunded Agroservices Limited, Adamakin Investment & Works Limited.

“The rest include: Cititrust Holding PLC, Green Eagles Agribusiness Solutions Limited, Chinmark Homes & Shelters Limited, Emerald Farms & Consultant Limited, Ovaioza Farm Produce Storage Limited, Farm 360 & Agriculture Company, Requid Technologies Limited, West Agro Agriculture & Food Processing Limited, NISL Ventures Limited & Estate of Laolu Martins, XY Connect Investment Limited, River Branch Unique Investment Limited, Hallmark Capital Limited, CJC Markets Limited, Crowd One Investment, Farmkart Foods Limited, KD Likemind Stakeholders Limited, Holibiz Finance Limited, Ifeanyi Okpe Oil & Gas Services, Servapps Nigeria Limited, Barrick Gold Mining Company and 360 Agric Partners Limited.”

Oyewale assured the public that the EFCC remained vigilant in monitoring and prosecuting fraudulent investment schemes, warning Nigerians to exercise caution before committing funds to any financial entity not duly registered with regulatory bodies.

“We urge the public to verify any investment opportunity with the CBN and SEC before engaging. The EFCC remains committed to safeguarding the public from predatory operators and ensuring a corruption-free economic environment,” the statement added.

He urged victims of fraudulent schemes to come forward with complaints and assured them that efforts were ongoing to recover funds where possible.

Metro

BREAKING: Scores Feared Dead As Suspected IPOB Members Unleash Terror On Imo Community

Published

18 hours ago

July 25, 2025

Editor

Gunmen suspected to be members of the proscribed Indigenous People of Biafra, IPOB, have attacked Ndi-Ejezie, Umualaoma and Ndiakuwata Uno communities in Arondizuogu and Ideato North local government areas of Imo State.

It was gathered that the incident occurred Friday morning when the assailants invaded the communities.

DSP Henry Okoye, Police Public Relations Officer of the Imo State Command confirmed this in a statement on Friday.

According to the statement, over seven persons were killed in the attack while several others were critically injured.

Okoye said the Commissioner of Police in the state, CP Aboki Danjuma condemned the incident, assuring that the perpetrators will be brought to book.

“The senseless assault, which claimed the lives of over seven persons and left several others critically injured, was described by the CP as barbaric, inhumane, and totally unacceptable.

“He assured the public that the Command has deployed adequate operational and intelligence assets to identify, apprehend and bring the perpetrators to justice.

“Consequently, the CP has led a tactical unit for intense combing of the affected areas and affirmed that the situation is now under control, and proactive security measures have been taken to forestall further attacks and restore lasting peace in the region,” the statement added.

Metro

JUST IN: Pandemonium At Benin Abattoir As Gunmen Attempt To Arrest Butchers Union President

Published

19 hours ago

July 25, 2025

Editor

There was pandemonium on Friday morning at the Benin Abattoir when some uniformed gunmen allegedly led by one SP Anetor attempted to arrest Chief Sunny Omokaro, the National President of the Butchers Union of Nigeria.

Most Butchers had resumed work early as usual and were about to commence their daily tasks when they noticed an unregistered black Hilux van and a Toyota Hiace bus with Edo task force covering the plate number carrying heavily armed men stationed nearby.

According to eyewitnesses, some of the armed men alighted from the vehicle and claimed they had “orders from above” to arrest Chief Sunny Omokaro.

It was gathered that when the head of the team, Anetor was asked for an ID or warrant of arrest, he could not produce any.

The move sparked outrage among the butchers, who immediately resisted the attempt and demanded that the armed men arrest all of them instead if they must arrest their leader.

Some said since the men could not disclose who sent them and their purpose, they were resisted and forced to leave the slaughter premises.

Unable to execute the arrest due to the butchers’ stiff resistance and loud protests, the gunmen were eventually forced to retreat, driving away in their vehicles, which included the Toyota Hilux van and the Hiace bus bearing a plate cover with “Edo State Task Force” inscription.

Metro

BREAKING: Gunmen Strike Again, Kill 14 Passengers On Their Way From Plateau Market

Published

21 hours ago

July 25, 2025

Editor

It was another dark day on Thursday, July 24, 2025, after gunmen suspected to be Fulani bandits ambushed a vehicle coming back from the popular Bokkos market in Plateau State, killing 14 passengers, including women and babies.

Eyewitnesses who narrated the incident to DAILY POST said the victims were on their way home from the weekly market after they had conducted their businesses when they were attacked and killed along Chirang Road in Mangor District of the LGA.

One of the eyewitnesses, who did not want his name mentioned, said the heavily armed men blocked the road when the vehicle approached and opened fire sporadically, killing the victims and injuring many others.

Chairman of the Bokkos Cultural Development Forum (BCDF), Farmasum Fuddang, who also confirmed the incident in a statement seen by DAILY POST on Friday, said it was shocking that despite several peace and reconciliation meetings and efforts to broker peace between farming and herding communities in the council, some bandits would still go ahead to kill innocent people.

“The victims were returning from the weekly market in Bokkos town when their vehicle was ambushed. Victims included women and little babies,” Fuddang said in the statement.

“This violence occurs despite various so-called peace and reconciliation efforts,” the chairman said.

Fuddang, who did not mince words in accusing Fulani militias of launching the attack, said the fact was clear that they were the culprits, insisting that their goal is to take control of the entire local government area, which is recognized as the potato headquarters of Nigeria.