EFCC Warns Nigerians About 58 Ponzi Scheme Operators
The Economic and Financial Crimes Commission (EFCC) has issued a stern warning to Nigerians relating to 58 companies allegedly working unlawful Ponzi schemes below the guise of worthwhile funding alternatives. The anti-graft company has urged the general public to train warning and keep away from participating with these fraudulent entities.
In a press release launched by EFCC spokesperson Dele Oyewale in Abuja, the fee revealed that the listed corporations are usually 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 in opposition to a number of of those corporations, ensuing within the conviction of 5 corporations. Additionally, 5 others have pleaded responsible and are at the moment awaiting additional judicial processes.
Full List of Companies Involved in Ponzi Schemes
The EFCC has disclosed the names of the implicated corporations to lift public consciousness. Below is the excellent checklist:
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 Investment Ltd.