21-year old 'investment expert' arrested after diverting investors N2bn


The Special Fraud Unit, Lagos have arrested Dominic Ngene Joshua, the Managing Director/Chief Executive Officer of Brisk Capital Limited for reportedly diverting investors funds worth over N2bn.

The 21-year old Mr Joshua hails from Ebonyi State but was operating from Uyo, Akwa Ibom State was arrested following several please to the unit by several investors. Joshua entices his victims via social media such as Instagram, Facebook, LinkedIn and even went as far as posting in newspapers where he claimed to be a financial investor who manages funds for individuals and companies alike.

Victims were deceived into investing in Bitcoin, FOREX trading, real estate and oil and gas with a promise of quick and 60% return on investment per month on every fund invested. Funds belonging to over 500 investors were diverted to living an extravagant lifestyle, buying cars, watches, real estates in Lagos, Port Harcourt and Abuja.

The suspect have confessed his crimes and has pleaded to be given time to return the money to the investors. The SFU stated that some of the properties purchased with the stolen funds had been recovered and he would soon be charged to the Federal High Court.

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