Nigeria: EFCC Nabs Three Suspects Over N3.5bn Ponzi Scheme in Sokoto

 Nigeria: EFCC Nabs Three Suspects Over N3.5bn Ponzi Scheme in Sokoto

Kingsley Nwezeh in Abuja

Operatives of the Sokoto Zonal Office of the Economic and Financial Crimes Commission have arrested the trio of Benson Kufre John, Joseph Iraboh Eseosa and Sunday Marcus, who were earlier declared wanted by the commission for allegedly defrauding unsuspecting people in a N3.5billion ponzi scheme.

A statement by the commission said the agency first got wind of the alleged criminal activities of the trio on October 28, 2020 following a complaint from UBA Plc, regarding the operation of an account, Annexation Business Concept opened by one Sunday Marcus. It was discovered by the commission that the account had a turnover of N3, 525, 372, 654.43) within a period of period of six months (February to August 2020).

In the course of investigation, the EFCC discovered that the suspects specifically opened the account as a vehicle to defraud unsuspecting members of the public by enticing them with mouth-watering…

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