21-year-old Arrested for Allegedly Defrauding Over 500 Investors More than N2 Billion
- Caliphate Times Media
- May 25, 2021
- 1 min read
The Special Fraud Unit in Lagos has arraigned 21-year-old founder of an Investment company, Brisk Capital Limited, Mr Dominic Joshua Ngene for stealing over N2Billion from investors.
The Young Joshua promised investors 60% ROI on investment in real estate, forex, oil and gas, e.t.c.
Joshua who hails from Ebonyi State and operated from Uyo, the Akwa Ibom State capital, was picked up by the police following petitions from some of the investors he's allegedly scammed.
Detectives say he lured his victims via social media platforms such as Instagram, Facebook and LinkedIn.
The Commissioner of Police in charge of the fraud unit, Anderson Bankole, has advised the public to be wary of investment/portfolio managers that promise very high returns on investments.
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