The Digest:
The Economic and Financial Crimes Commission (EFCC) has achieved a significant restitution. The anti-graft agency has handed over N96.5 million recovered from a fraudulent forex trading company to dozens of victims in Enugu State, offering a rare moment of justice for those lured by promises of quick, high returns.
Key Points:
- The EFCC has handed over N96.5 million to victims of a Ponzi scheme operated by Leverage Index Limited in Enugu.
- The fraud was orchestrated by Oyubu Akpojewve (aka Justice Nonso Chima), who presented himself as a registered forex trader.
- He offered two investment plans: a "Monthly Plan" promising 8% monthly returns and "Live Trading" promising 10% profit overnight.
- After collecting funds, the suspect shut down his office and became unreachable, prompting victims to petition the EFCC in September 2024.
- EFCC Chairman Ola Olukoyede, represented by the Enugu Zonal Director, warned Nigerians to be vigilant against offers that "look too good to be real" and avoid the urge to double money overnight.
- The largest individual restitution was N19.9 million to victim Ukwu Ernest Ikechukwu.
- Other recipients included Ikechukwu Ogbunubi (N10 million), Temple Lewis Maduka (N7.5 million), and Alphonsus Umeh (N7 million).
- Victims commended the EFCC for its professionalism and integrity in recovering the full sum of their stolen investments.
Sources: Daily Post Nigeria, Vanguard Newspaper
