in

EFCC apprehends Pinkoin Operator over N32m fraud

EFCC apprehends Pinkoin Operator over N32m fraud
EFCC apprehends Pinkoin Operator over N32m fraud

EFCC apprehends Pinkoin Operator over N32m fraud

Tori4africa reports that, The Economic and Financial Crimes Commission (EFCC) has apprehended one Amos Omotade-Sparks for allegedly extorting people to the jingle of N32 million through the “Inks Nation ponzi scheme”.

The anti-graft agency said Omotade-Sparks, a native of Badagry in Lagos State, was proclaimed wanted in November 2020 for engineering a “huge pyramid investment scheme”.

A statement allocated by the spokesman of EFCC, Wilson Uwujaren, yesterday said the suspect was apprehended in Sokoto on Thursday.

The statement reads;

EFCC apprehends Pinkoin Operator over N32m fraud

Omotade-Sparks, who hails from Badagry, Lagos State, was declared wanted by the EFCC in November 2020 after efforts to apprehend him failed.

He is the alleged mastermind of a huge pyramid investment scheme through which many citizens were defrauded of monies to the tune of over thirty-two million naira.

He had floated a phony online digital currency called “Pinkoin”, which lured many Nigerians to invest between one thousand naira to one hundred thousand naira with a promise of unrealistic returns and went ahead to distribute a payment card called “Pink Card” to further confuse his victims.

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

The scammer was not licensed to operate a financial institution. He will be arraigned in court at the conclusion of investigation.

Abducted Greenfield varsity students realesed

Abducted Greenfield varsity students realesed

Chelsea defeat Man city

Chelsea defeat Man city to become two times Champions