National
EFCC Uncovers 58 Fraudulent Investment Schemes In Nigeria (List)
By Benjamin Abioye
The EFCC has uncovered 58 fraudulent investment schemes, taken legal action against some, and warned Nigerians to stay vigilant against financial scams.
The Economic and Financial Crimes Commission (EFCC) has identified 58 companies, including Chinmark Homes and Shelters Limited, as fraudulent investment schemes deceiving Nigerians.
The commission made this announcement on Tuesday, March 11, stating that these companies have been illegally operating, promising fake investment returns while taking people’s money.
According to the EFCC, this action is part of its ongoing effort to clean up Nigeria’s financial system and provide citizens with accurate information about legitimate investment opportunities. The commission warned that none of these companies are registered with the Central Bank of Nigeria (CBN) or the Security and Exchange Commission (SEC).
The agency further revealed that several of the identified companies have already been taken to court. Five have been convicted, another five have pleaded guilty but are awaiting further legal review, while others are still facing trial.
The full list of these companies includes:
- Chinmark Homes and Shelters Limited
- Wales Kingdom Capital
- Bethseida Group of Companies
- AQM Capital Limited
- Titan Multibusiness Investment Limited
- Brickwall Global Investment Limited
- Farmforte Limited and Agro Partnership Tech
- Green Eagles Agribusiness Solution Limited
- Richfield Multiconcepts Limited
- Forte Asset Management Limited
- Biss Networks Nigeria Limited
- S Mobile Netzone Limited
- Pristine Mobile Network
- Letsfarm Integrated Services
- Bara Finance and Investment Limited
- Vicampro Farms Limited
- Brooks Network Limited
- Gas Station Supply Services Limited
- Brass and Books Limited
- Annexation Biz Concept and Maitanbuwal Global Ventures
- Crowdyvest Limited
- Jadek Agro Connect Limited
- Adeeva Capital Limited
- Oxford International Group and Oxford Gold Integrated
- Skapomah Global Limited
- MBA Trading and Capital Investment Limited
- TRJ Company Limited
- Farm4Me Agriculture Limited
- Quintessential Investment Company
- Adeprinz Global Enterprises
- Rockstar Establishment Limited
- SU Global Investment
- Citi Trust Funding PLC
- Farm Buddy
- Eatrich 369 Farms and Food
- Globertrot Farmsponsors Nigeria Limited
- Farm Sponsors Limited
- Cititrust Credit Limited
- Farmfunded Agroservices Limited
- Adamakin Investment and Works Limited
- Cititrust Holding PLC
- Green Eagles Agribusiness Solutions Limited
- Emerald Farms and Consultant Limited
- Ovaioza Farm Produce Storage Limited
- Farm 360 and Agriculture Company
- Requid Technologies Limited
- West Agro Agriculture and Food Processing Limited
- NISL Ventures Limited and Estate of Laolu Martins
- XY Connect Investment Limited
- River Branch Unique Investment Limited
- Hallmark Capital Limited
- CJC Markets Limited
- Crowd One Investment
- Farmkart Foods Limited
- KD Likemind Stakeholders Limited
- Holibiz Finance Limited
- Ifeanyi Okpe Oil and Gas Services
- Servapps Nigeria Limited
The EFCC reassured Nigerians that it will continue to closely monitor financial activities in the country. The agency emphasized its commitment to protecting citizens from fraudulent schemes, ensuring that economic growth is not hindered by dishonest operators.
Send Us A Press Statement Advertise With Us Contact Us
And For More Nigerian News Visit GWG.NG
