Connect with us

Hi, what are you looking for?

Metro

EFCC Declares 24-Year-Old Man Wanted for N935m Investment Scam

The Economic and Financial Crimes Commission (EFCC) has declared one Adewale Daniel Jayeoba wanted over alleged investment scam.

The EFCC said Jayeoba, a native of Ori-Ade Local Government in Osun State, used to live at Suit 1004, Providence Centre, MKO Abiola Way, by NNPC Mega Station, Abeokuta, Ogun State.

“The public is hereby notified that Adewale Daniel Jayeoba of Wales Kingdom Capital is wanted by the Economic and Financial Crimes Commission (EFCC) in the alleged case of an investment scam,” the anti-graft agency’s Head of Media and Publicity, Wilson Uwujaren, said on Monday.

The commission, it would be recalled had in June arrested Jayeoba’s parents, Emmanuel and Victoria Jayeoba for allegedly defrauding people in a N935million Ponzi scheme.

At the time, Uwujaren said the couple, in complicity with their son (still at large), “operated the scheme in the guise of forex trading.”

The couple was said to have been arrested at their residence in Ibadan, the Oyo State capital.

“They are parents to Adewale Daniel, Marketing Director, Wales Kingdom Capital Limited,” it was said at the time.

The father, Emmanuel, was described as a Director in Wales Kingdom Capital; operating about five bank accounts with which he had allegedly received N18,397,913 before he was arrested.

The mother, Victoria, had six bank accounts through which she reportedly received up to N916,607,715.

The EFCC urged anybody with useful information about the wanted man’s whereabouts to contact any of its offices across the nation.

Loading

Spread the love
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

NCC
ad

You May Also Like

Opinion

By Blaise Udunze Nigeria’s economy is bleeding, not from the absence of money, but from the silent, systemic outflow of capital that should be...

News

ESET, a global leader in digital security, has provided insights on the rising threat of online scams. In a significant operation earlier in the...

News

Economic and Financial Crimes Commission (EFCC) has said that it has arrested 792 suspects in one operation over alleged a cryptocurrency investment fraud and...

News

Economic and Financial Crimes Commission (EFCC) has detained four officials from the Edo State Treasury Office, including the Accountant General, Julius Anelu, at its...