Alleged N13.8b Fraud: EFCC Arraigns Ponzi Scheme Director in Port Harcourt

Eric Patrick The Economic and Financial Crimes Commission, Port Harcourt Zonal Directorate, has arraigned the director…

You’ll Get Your Money Back, EFCC Reassures CBEX Investors

The Economic and Financial Crimes Commission (EFCC) has promised that investors defrauded by the collapsed digital…

Senate Declares War on Ponzi Schemes, Offenders Face ₦20m Fine, 10 Years in Jail

The Nigerian Senate has issued a stern warning against fraudulent investment schemes, with new legislation imposing…

PHOTOS: EFCC Busts Ponzi Scheme Academy, Arrests 133 Suspects in Abuja

Eric Patrick Operatives of the Economic and Financial Crimes Commission, on Monday, busted a Ponzi Scheme…

Ponzi scheme: Investors suffer N22bn loss, as owners abscond

Nigerians who invested in Imagine Global Solutions Ltd have been left stranded as a couple running…

Ponzi scheme: Experts decries activities of none professionals, warns investors

Some financial experts and capital market operators have cautioned Nigerians against investing in Ponzi schemes to…