# EFCC Warns Nigerians About 58 Ponzi Scheme Operators
The Economic and Financial Crimes Commission (EFCC) has issued a stern warning to Nigerians concerning 58 firms allegedly working unlawful Ponzi schemes beneath the guise of profitable funding alternatives. The anti-graft company has urged the general public to train warning and keep away from partaking with these fraudulent entities.
In a press release launched by EFCC spokesperson Dele Oyewale in Abuja, the fee revealed that the listed firms should not registered with the Central Bank of Nigeria (CBN) or the Securities and Exchange Commission (SEC), making their operations unlawful.
The EFCC has already taken authorized motion towards a number of of those corporations, ensuing within the conviction of 5 firms. Additionally, 5 others have pleaded responsible and are presently awaiting additional judicial processes.
## Full List of Companies Involved in Ponzi Schemes
The EFCC has revealed the names of the implicated firms to lift public consciousness. Below is the great record:
### Primary List of Companies:
– Wales Kingdom Capital
– Bethseida Group of Companies
– AQM Capital Ltd.
– Titan Multibusiness Investment Ltd.
– Brickwall Global Investment Ltd.
– Farmforte Ltd. & Agro Partnership Tech
– Green Eagles Agricbusiness Solution Ltd.
– Richfield Multiconcepts Ltd.
– Forte Asset Management Ltd.
– Biss Networks Nigeria Ltd.
– S Mobile Netzone Ltd.
– Pristine Mobile Network
– Letsfarm Integrated Services
### Additional Companies:
– Bara Finance & Investment Ltd.
– Vicampro Farms Ltd.
– Brooks Network Ltd.
– Gas Station Supply Services Ltd.
– Brass & Books Ltd.
– Annexation Biz Concept & Maitanbuwal Global Ventures
– Crowdyvest Ltd.
– Jadek Agro Connect Ltd.
– Adeeva Capital Ltd.
– Oxford International Group and Oxford Gold Integrated
– Skapomah Global Ltd.
– MBA Trading & Capital Investment Ltd.
– TRJ Company Ltd.
– Farm4Me Agriculture Ltd.
### Other Named Companies:
– Quintessential Investment Company
– Deprinz Global Enterprises
– Rockstar Establishment Ltd.
– SU.Global Investment
– Citi Trust Funding PLC
– Farm Buddy
– Eatrich 369 Farms & Food
– Globertrot Farmsponsors Nig. Ltd.
– Farm Sponsors Ltd.
– Citit