Business
N2bn fraud: EFCC busts fake investment company
- Owner on the run
Nineteen staff of fake investment company, operating Ponzi scheme that is said to have defrauded members of the public to the tune of N2bn have been arrested by the Economic and Financial Crimes Commission, EFCC, Port Harcourt’s Zonal Office.
The company, Bluekey Investment Club, operating from Sonia Mall, 42 Woji Road, YKC Junction, Port Harcourt, Rivers State, was registered with the Corporate Affairs Commission( CAC) as a software development and general contracting firm, but veered into an interest-yielding Ponzi Scheme, promising to the gullible, ten percent (10%) weekly returns on investment over six Months.
The Scheme also promised total returns of invested capital after six Months.
Among them are five Principal Officers: Princess Tsaroigbara, who is the Public Relations Officer, Onwusa Frances Chineze, Accountant); Naabe Gunugu, Payment Confirmation Staff and Tambari Success, Customer Service officer.
Anorue Maureen, the Receptionist, was also arrested.
Princess Tsaroigbara, Public Relations Officer (PRO) of the Company told interrogators that her company was into “Digital Financial and other Technological Services” and was not sure if the company was fully registered with the Security and Exchange Commission, SEC, and the Central Bank of Nigeria, CBN.
Scores of defrauded customers thronged the premises of the Company seeking the intervention of the EFCC.
Items recovered from the company are computer units and a sum of N459, 300(Four Hundred and Fifty Nine Thousand, Three Hundred Naira only).
The suspects would be charged to court as soon as investigations are concluded