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.

RELATED:  Security crises: Indigenes, residents lament effects of attacks on communities

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.

RELATED:  Top CIOs receive awards for deepening tech ecosystem

READ ALSO: NSCDC arrests 265 suspects, convicts 12 in Imo

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

RELATED:  GAC Motors: Driving the future of the automobile industry in Nigeria

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.


Receive Updates

No spam guarantee.

I agree to have my personal information transfered to GetResponse ( more information )