The Police have arrested Imu Ovaioza Yunusa, a popular Facebook Influencer and the CEO of Ovaioza Group of Companies, for alleged ponzi scheme.
The 29-year-old is accused of scamming hundreds of Nigerians of billions of Naira.
The suspect, popular on Facebook, is the (co)owner of Ovaioza Farm Produce Storage Business (OFPSB).
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The company engages in processing, storage, distribution and retailing of farm produce such as garri and plantain.
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According to reports, the 29-year-old entrepreneur was allegedly planning to leave the country with her husband, David, when the officers apprehended her in Abuja, the federal capital territory.
Yunusa is currently in police custody and will be transferred to the State Police Command on Tuesday, April 19, 2022.
Trouble started after she allegedly created a partnership plan that guaranteed investors a 70-80% return on investment while keeping them up to date on their investments on her verified Facebook page, gaining attention and confidence from potential investors.
Yunusa, shortly after the investment scheme blossomed was accused of leading a lavish lifestyle, after the company expanded into new sectors last year.
In March 2022, Yunusa was accused of mismanaging investors’ funds, after the company went bankrupt, resulting in her inability to pay investors a return on their investments.
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