EFCC nabs fleeing Ibadan-born ‘Inks Nation’ Ponzi scheme operator in Sokoto  

By Soni Daniel

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.

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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.

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Omotade-Sparks equally made false claims that he was in partnership with the EFCC to persuade people to invest in his devious scheme.

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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.

The post EFCC nabs fleeing Ibadan-born ‘Inks Nation’ Ponzi scheme operator in Sokoto   appeared first on Vanguard News.

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