The Sokoto Zonal Office of the Economic and Financial Crimes Commission have arrested Omotade-Sparks Amos Sewanu, operator of the Inks Nation Ponzi Scheme.
The suspect who had been at large, was finally arrested on Thursday May 27, 2021 and has made useful statement.
A statement by the Spokesman for the Economic and Financial Crimes Commission, Mr. Wilson Uwujaren, said that Omotade-Sparks who hails from Badagry Lagos State was declared wanted by the EFCC in November 2020 after efforts to apprehend him failed.
The EFCC said the suspepct is alleged to have masterminded a huge pyramid investment scheme through which many citizens were defrauded of monies to the tune of over N32 million.
Omotade-Sparks is said to have floated a phony online digital currency called “Pinkoin” which lured many Nigerians to invest between N1000 and N100,000 with a promise of unrealistic returns and went ahead to distribute a payment card called “Pink Card” to further confuse his victims.
Omotade-Sparks equally made false claims that he was in partnership with the EFCC to persuade people to invest in his devious scheme.
But EFCC said records show that the scammer was not licensed to operate a financial institution and that he would be arraigned in court at the conclusion of investigation.
Venezuela withdraws operating permits for six international airlines US FAA Causion The Venezuelan government on…
Justice Olotu also held that "NDDC forensic audit report and the names of persons indicted…
Those Indicted In NDDC Scandal to be exposed Justice Olotu also held that "NDDC forensic…
Grab Flowmingo lest your best candidates slip away Your best candidates are slipping away while your…
Air Peace announced the job opportunities as It begins construction of MRO Facilities West and…
Aliko Dangote plans to integrate electric trucks into the Dangote Group’s fleet Aliko Dangote, Africa's…