Nigerian ‘Investment Expert’ Arrested For Investment Fraud Of Over N2b

Nigerian 'Investment Expert' Arrested For Investment Fraud Of Over N2b

Nigerian ‘Investment Expert’ Arrested For Investment Fraud Of Over N2b

A young Nigerian who claims to be an “investment expert”  has been captured for supposedly redirecting investors’ funds subsidizes worth over N2 billion.

21-year-old Dominic Ngene Joshua, the Managing Director/Chief Executive Officer of Brisk Capital Limited, was captured by the Special Fraud Unit, Lagos.

Dominic was captured following petitions to the unit by a few investors.

Nigerian 'Investment Expert' Arrested For Investment Fraud Of Over N2b

Nigerian ‘Investment Expert’ Arrested For Investment Fraud Of Over N2b

Joshua, who is from Ebonyi State yet works from Uyo, Akwa Ibom State, allegedly baits his casualties by means of web-based media stages and paper distributions, by professing to be a monetary financial backer who oversees assets for people and organizations.

READ  Suspected Internet Fraudster Arrested In Benue (Photos)

He beguiled casualties to put cash in Bitcoin, FOREX exchanging, land and oil and gas, with a guarantee of 60% Return On Investment each month on each asset contributed.

Nigerian 'Investment Expert' Arrested For Investment Fraud Of Over N2b

Nigerian ‘Investment Expert’ Arrested For Investment Fraud Of Over N2b

Nigerian 'Investment Expert' Arrested For Investment Fraud Of Over N2b

Nigerian ‘Investment Expert’ Arrested For Investment Fraud Of Over N2b

In any case, reserves having a place with more than 500 financial backers were redirected to support Joshua’s lavish way of life, intriguing vehicles, extravagance watches, genuine bequests in Lagos, Abuja and Port Harcourt.

READ  Military Detains Mali's President and Prime minister

As per the Special Fraud Unit (SFU), the suspect has admitted to the wrongdoing, however argued to be offered time to return the assets.

The SFU said a portion of the properties and things bought with the redirected reserves have been recuperated from him, and he will be charged at the Federal High Court soon.

Just months prior, Dominic Ngene Joshua, was included in a business distribution and a gleaming piece was expounded on him. He was alluded to as a “disruptor in the venture banking industry”.

The article has now been brought down after his capture.

Updated: May 25, 2021 — 12:20 pm