EFCC Alerts the Public on 58 Illegal Ponzi Scheme Operators

In
line
with
its
commitment
to
sanitising
the
financial
space
of
the
nation
and
offer
the
investing
public
adequate
and
reliable
information
on
the
activities
of
illegal
ponzi
scheme
operators
across
the
country,
the
Economic
and
Financial
Crimes
Commission,
EFCC,
hereby
alerts
Nigerians
on
the
operations
of
58
companies
posturing
as
investing
entities
and
defrauding
innocent
Nigerians
of
their
hard-earned
money.

 
The
companies
are
neither
registered
with
the
Central
Bank
of
Nigeria,
CBN,
nor
the
Security
Exchange
Commission,
SEC.
  The
two
regulators,
in
separate
correspondences
with
the
EFCC,
denied
that
they
are
registered
with
them. 

The
Commission
has
charged
many
of
the
companies
to
court,
with
five
of
them
convicted,
another
five
pleaded
guilty
but
awaiting
review
of
facts
while
the
rest
are
pending
arraignment.

 
Please,
find
below
the
names
of
the
illegally
operating
companies:

Wales
Kingdom
Capital,
Bethseida
Group
of
Companies,
AQM
Capital
Limited,
Titan
Multibusiness
Investment
Limited,
 Brickwall
Global
Investment
Limited,
Farmforte
Limited
&
Agro
Partnership
Tech,
Green
Eagles
Agricbusiness
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
&
Investment
Limited,
Vicampro
Farms
Limited,
Brooks
Network
Limited,
Gas
Station
Supply
Services
Limited,
Brass
&
Books
Limited,
(Annexation
Biz
Concept
&
Maitanbuwal
Global
Venturescrowdyvest
Limited,)
and
Crowdyvest
Limited, 

Others
are
:
Jadek
Agro
Connect
Limited,
Adeeva
Capital
Limited,
Oxford
International
 Group
and
Oxford
Gold
Integrated,
 Skapomah
Global
Limited,
MBA
Trading
&
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
&
Food,
Globertrot
Farmsponsors
Nigeria
Limited,
Farm
Sponsors
Limited,
Cititrust
Credit
Limited,
Farmfunded
Agroservices
Limited,
Adamakin
Investment
&
Works
Limited.

The
rest
include: 
Cititrust
Holding
PLC,
Green
Eagles
Agribusiness
Solutions
Limited,
 Chinmark
Homes
&
Shelters
Limited,
Emerald
Farms
&
Consultant
Limited,
Ovaioza
Farm
Produce
Storage
Limited,
Farm
360
&
Agriculture
Company,
Requid
Technologies
Limited,
West
Agro
Agriculture
&
Food
Processing
Limited,
NISL
Ventures
Limited
&
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
&
Gas
Services,
Servapps
Nigeria
Limited,
Barrick
Gold
Mining
Company
and
360
Agric
Partners
Limited.

 The
EFCC
assures
the
public
of
its
vigilance
and
proactive
monitoring
of
every
entity
and
player
in
the
nation’s
economic
space
to
safeguard
the
public
from
opportunistic
and
predatory
operators
and
use
the
instrumentality
of
its
anti-corruption
mandate
to
stimulate
growth
in
the
economy.

---

Dele
Oyewale

Head,
Media
&
Publicity

March
11,
2025

Credit: Economic and Financial Crimes Commission (EFCC)