Twenty-eight accused Ponzi scheme operators have been arrested in Minna, Niger State, by the Economic and Financial Crimes Commission’s Kaduna Zonal Directorate.
The EFCC said in a statement posted on X on Tuesday that the suspects were taken into custody after reliable information linked them to fraudulent investment transactions with Q-Net Ltd, a business situated in a three-bedroom flat in Minna’s Al-Bishiri Estate.
The statement partly read, “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 as registration fee and for product purchases.
“Part of those arrested while receiving lectures on ponzi scheme operations, dressed up as ‘network marketing.’ Items recovered from them reportedly included Q-Net application forms and other documents.”
“Nofisat Opeyemi, Shukurat Muritala, Odunayo Sanni, Mayowa Oyekola, Aishat Olaitan, Edward Hannah, Abioye Fathiah, Joseph Omowunmi, Kareem Ahmed, Arikeusola Afeez, Adiamo Mutholib, Abass Ibrahim, Wasiu Taofeek, Adeniji Damilare, Nurudeen Akinola, and Mubarak Yekeen are among the suspects whose names were also released by the EFCC.
“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.”
According to the agency, after the investigations are over, the suspects will be prosecuted.
