Published 3 days ago • loading... • Updated 2 days ago

Nigeria: Anti-Graft Agency Exposes '58 Ponzi Scheme Operators' in Nigeria

Summary by allAfrica

The EFCC assures the public of its vigilance and proactive monitoring of every entity and player in the nation's economic space.

23 Articles

All

Left

Center

Right

allAfrica

Nigeria: Anti-Graft Agency Exposes '58 Ponzi Scheme Operators' in Nigeria

The EFCC assures the public of its vigilance and proactive monitoring of every entity and player in the nation's economic space.

2 days ago·South Africa

Read Full Article

innovation-village.com

EFCC Blacklists 58 Companies As Ponzi Schemes - Innovation Village | Technology, Product Reviews, Business

Recently, the Economic and Financial Crimes Commission (EFCC) released a list of 58 businesses that scam unwary Nigerians through illicit investment schemes, also referred to as Ponzi schemes. Among these organizations, Crowdyvest, Farmforte Limited, and Agro Partnership Tech are noteworthy. The EFCC’s dedication to cleaning up Nigeria’s financial system and shielding its citizens from dishonest investment platforms is demonstrated by this actio…

2 days ago

Read Full Article

TheSightNews

EFCC Exposes 58 Illegal Ponzi Scheme Operators in Nigeria

By Gabriel Ameh, The Sight News The Economic and Financial Crimes Commission (EFCC), has raised the alarm over the activities of 58 illegal Ponzi scheme operators defrauding Nigerians under the guise of investment opportunities. In a statement released on Tuesday by the EFCC’s Head of Media and Publicity, Dele Oyewale, the anti-graft agency disclosed that the companies are neither registered with the Central Bank of Nigeria nor the Securities a…

2 days ago

Read Full Article

Africa.com

Nigeria's Anti-graft Agency Secures Record Convictions in Its Two-decade History

Nigeria’s Economic and Financial Crimes Commission (EFCC) recovered nearly $500 million in stolen funds and secured over 4,000 criminal convictions in 2024, marking its highest success rate since its establishment over two decades ago. The agency’s crackdown on corruption also led to the seizure of 931,052 metric tons of petroleum products, 975 real estate properties,… Read More »Nigeria’s Anti-graft Agency Secures Record Convictions in Its Two-…

2 days ago

Read Full Article

akelicious.net

EFCC Alerts Nigerians On 58 Ponzi Scheme Operators — Akelicious

The Economic and Financial Crimes Commission, EFCC, has issued a public alert regarding the activities of 58 companies allegedly operating illegal Ponzi schemes under the guise of investment opportunities. This was contained in a statement issued by the EFCC Spokesperson, Dele Oyewale, in Abuja, noting the companies were neither registered with the Central Bank of Nigeria, CBN, nor the Securities and Exchange Commission, SEC, hence, making their…

2 days ago

Read Full Article

African Examiner

EFCC Lists 58 Ponzi Scheme Operators; Warns Nigerians

(AFRICAN EXAMINER) The Economic and Financial Crimes Commission (EFCC) has issued a public alert regarding the activities of 58 companies allegedly operating illegal Ponzi schemes under the guise of investment opportunities. The alert is contained in a statement issued by the EFCC Spokesperson, Dele Oyewale, in Abuja. The commission said that the companies were neither […] The post EFCC Lists 58 Ponzi Scheme Operators; Warns Nigerians first app…

2 days ago

Read Full Article

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/year