Company Executive Arrested Over N128m Investment Scam in Ibadan
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 arrested 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.
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.
…Arrests One for Money laundering, 7 Others for Internet Fraud
Operatives of the Lagos Zonal Office of the Economic and Financial Crimes Commission, EFCC have arrested eight suspected internet fraudsters.
The suspects are Tobiloba Aramide Ogundiyan, Samson Alabi Afolabi, Adebayo Dolapo Olumide, Daniel Boluwatife Akinwunmi, Moses Segun, Kelechi Thankgod Felix, Adeleke Godwin Tofunmi and Adewale Dayo Victor.
They were arrested on May 18, 2021, at River View Estate, Lekki, Lagos following credible intelligence received by the Commission on some individuals allegedly involved in computer-related fraud. Upon their arrest, items such as mobile devices, laptops, exotic cars and expensive jeweleries were recovered from them.
In the course of investigation, it was revealed that one of the suspects, Ogundiyan was also involved in money laundering. The suspect who acquired his ill-gotten wealth from internet fraud, layered the proceeds into bitcoin account and then integrated it by purchasing a Range Rover Vela P380 2018 model worth N44,000,000 ($97,626 USD in bitcoin) sometime in March 2021.
The suspects have volunteered useful statements to the Commission and will be charged to Court soon.
Media & Publicity
28 May, 2021
