The Economic and Financial Crimes Commission, EFCC, says it has arrested one Maxim Lobaty, a Russian; Austin Emenike and Dickson Nonso Onuchukwu, for defrauding thousands of Nigerians via its ponzi scheme, Swiss Golden Investment.
The commission said in a statement that it has recovered N216,402,565.05 from the company after a petition was sent to the commission. The men allegedly refused to pay their participants their dividends after convincing them to invest in an alleged business of buying and selling gold bars.
”The trio were subsequently conveyed to the Kano operational zone of the EFCC for further investigation,” the EFCC said.
”Swiss Golden was discovered through investigation to be a Ponzi scheme that was designed to defraud innocent victims of their hard earned money.
”After being drilled at the commission’s Kano zonal office, Maxim and his co-suspects consented to the refund of the investment. Subsequently, a total sum of N216,402,565.05 have now been recovered.”
”Investigation into the alleged fraud is still ongoing and all efforts are being made to recover the money involved and the alleged suspects be brought to justice,” it said.