EFCC Recovers N216m From Swiss Golden Investment, Arrests 3 (Photos)

at 09:50 AM, 17/04/2018 (2 days ago)
(4828 | Gistmaniac) (m)

The Economic and Financial Crimes Commission, EFCC, has recovered a total of N216,402,565.05 from Swiss Golden Investment, an online investment that purportedly deals in buying and selling of Gold Bars.

The recovery was sequel to a petition the Commission received from thousands of complainants who alleged that they invested in Swiss Golden Investment which was advertised as an online investment that deals with buying and selling of Gold Bars.

The petitioner further alleged that after investing over a billion naira into the business, the company refused to pay them any dividend or pay them back their capital.

Upon receipt of the petition, the Commission invited the petitioners and they volunteered statements. Through intelligence, the Commission picked up one Maxim Lobaty, a Russian and two Nigerians: Austin Emenike and Dickson Nonso Onuchukwu in Lagos. The trios were subsequently conveyed to the Kano operational zone of the EFCC for further investigation.

Swiss Golden which is headquartered in Hong Kong was discovered through investigation to be a Ponzi scheme that was designed to defraud innocent victims of their hard earned money.

However, while the investigation was ongoing, it was discovered that Swiss Golden Company Limited has defrauded over seven thousand Nigerians to the tune of over N3,000,000,000 (Three Billion Naira) only.

The investigation into the alleged fraud is still ongoing and all efforts are being made to recover the money involved and the alleged suspects are brought to justice.







EDDYPRINCE at 09:56 AM, 17/04/2018 (2 days ago)
(27269 | Addicted Hero) Online (m)
Second time for this same news this morning.... Naijapals I hail oh
Reply
slimber at 10:09 AM, 17/04/2018 (2 days ago)
(5428 | Gistmaniac) (f)
Chaiii  money
Reply
gogoman at 10:46 AM, 17/04/2018 (2 days ago)
(30513 | Addicted Hero) (m)
EFCC
Reply
fineboy77 at 12:56 AM, 18/04/2018 (yesterday at 12:56 AM)
(4899 | Gistmaniac) Online (m)
na wa o
Reply
EDDYPRINCE at 08:00 AM, 19/04/2018 (8 hrs ago)
(27269 | Addicted Hero) Online (m)
Hmmmm OK seen
Reply

LATEST COMMENTS

  1. ruthie on: Funke Akindele Must Marry A Gateman Before She Can Have A Child – Prophet, Olagoroye Faleyimu sa
    MY PADDY IS BACK!!!!!![quote author=Haso112 link=topic=356909.msg5439261#msg5439261 date=1524151492]... 2 mins ago ago
  2. chukkychukky on: Funke Akindele Must Marry A Gateman Before She Can Have A Child – Prophet, Olagoroye Faleyimu sa
    na all dis tins make me i change my religion ... 3 mins ago ago
  3. crocatum on: Funke Akindele Must Marry A Gateman Before She Can Have A Child – Prophet, Olagoroye Faleyimu sa
    Dont worry she will marry in a movie.... 7 mins ago ago
  4. chukkychukky on: Breaking News: Biafra Protesters Storm Westminster As Buhari Meets The Queen In UK
    children of d most high i greet una, ride on im with u... 7 mins ago ago
  5. chukkychukky on: What Is Wrong With This African Inspired Prom Outfit?
    she set wella... 10 mins ago ago