The Special Fraud Unit of Nigerian Police Force will arraign the founder of BRISK CAPITAL LIMITED, Mr Dominic Joshua Ngene for stealing over N2Billion from investors.
The 21 year old promised investors 60% ROI on investment in real estate, forex, oil and gas and cryptocurrency but later closed shop and ran away with investors money.
Joshua, a 21-year-old indigene of Ebonyi state, operates the investment firm from Uyo, Akwa Ibom state capital.
According to the police, Joshua lures victims on social media platforms such as Instagram, Facebook and LinkedIn, as well as via newspaper publications where he claimed to be a financial investor of repute that manage funds for individuals and companies.
The police said Joshua has confessed to the crime but pleaded to be given time to return the money.
“The funds, which belong to over 500 investors, were diverted to sponsor extravagant lifestyle, parties, exotic cars, luxury watches, real estates in Abuja, Lagos and Port-Harcourt,” the statement from Nigerian police force read.
Some of the properties/items purchased with the diverted funds have been recovered as exhibits while the suspects will be charged to the Federal High Court as soon as the strike by Judiciary Staff Union of Nigeria (JUSUN) is called-off.”
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