An undergraduate of the Federal University of Agriculture, Abeokuta (FUNAAB) has duped his colleague, professors, lecturers of six billion naira in a forex scam gone wrong.
Mr. Nwabuba Victor Ifeanyi of Vickson enterprise, runs a forex investment scheme that attracts investors to receive 20% of their money back after 2-weeks of investing.
The scheme has been running for about 3-months now and he has been paying out, but late yesterday it was discovered that he had plans of running away with investors’ money, which summed up to 6 billion Naira, Daily Independent can authoritatively report.
He has not been able to pay his investors for the past 2-days which got everyone involved worried as to the recent development. Other middlemen in the scheme are currently in debt because he failed to deliver within the past few days.
A reliable source told Daily Independent that professors, lecturers, students and some outsiders got involved in this scheme.
Meanwhile in Funaab, someone disguised a Ponzi scheme as a ”Forex investment business” and scammed everyone to the tune of 6 billion naira.
— Dami (@parselfinger) February 4, 2020
6 BILLIONAIRE NAIRA …HAAAA .. THIS IS FUNAAB …& I FEAR MY SCHOOL..
FOREX UNIVERSITY OF AGRICULTURE,ABKT (FUNAAB) PIC.TWITTER.COM/NHA1G9ZHCU
— AYODEJI MICAH (@MICAYOAYINDE) FEBRUARY 5, 2020
I heard they did forex heist in funaab
To the tune of six billion naira!
That guy is a legend!
— Oga McCoy (@mccoyinnocent) February 4, 2020
Daily Independent reports he was caught on his way to Dubai yesterday 4th of February 2020 and is currently in police detention.
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