Crime

EFCC Grills MD of Millionaire African Leaders Club

The Economic and Financial Crimes Commission, EFCC, Enugu zonal office is currently interrogating Princess Benny Chidinma, Managing Director of a suspected Ponzi Scheme, “Millionaire African Leaders Club, on allegations of providing financial services without a statutory license.

Chidinma’s arrest comes two days after her Enugu branch Coordinator, Nwonu Priscilla Chika was apprehended by operatives of the Commission following a raid on the premises of the club at No 79 Nike Road, Abakpa Nike, Enugu, Enugu State. Three promoters and newly recruited staff of the organisation were arrested in the operation.

Under interrogation, Chidinma admitted, that the Ponzi scheme was initially registered as a Non-Governmental Organization(NGO) and that she was running it in connivance with her accomplice, one Ken Onyekwere Okwuikpo who resides in PortHarcourt, Rivers State.

She further revealed that the scheme pays 70% (seventy percent) interest and not 50% as earlier stated by the Coordinator as annual return on investment, to contributors.

She also disclosed that their offices are spread across Nsukka, PortHarcourt, Aba, Abakaliki, and Enugu.

The investigation is still ongoing, while efforts are being made to arrest other accomplices.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.