EFCC nabs fleeing ponzi scheme operator, Omotade-Sparks Amos Sewanu, in Sokoto
Operatives of the Sokoto Zonal Office of the Economic and Financial Crimes Commission (EFCC) have arrested the suspected operator of the Inks Nation Ponzi Scheme, Omotade-Sparks Amos Sewanu.
A press statement by the EFCC Spokesperson, Wilson Uwujaren, Friday in Abuja, said the suspect who had been at large, was arrested on Thursday, May 27, 2021, and has made useful statement.
He said, “Omotade-Sparks, who hails from Badagry Lagos state, was declared wanted by the EFCC in November 2020, after efforts to apprehend him failed. Uwujaren said the suspect allegedly masterminded a huge pyramid investment scheme through which many citizens were defrauded of monies to the tune of over N32 million.
The spokesperson said he had floated a phony online digital currency called “Pinkoin” which lured many Nigerians to invest between N1,000 to N100,000 with a promise of unrealistic returns and went ahead to distribute a payment card called “Pink Card” to further confuse his victims.
Omotade-Sparks equally made false claims that he was in partnership with the EFCC to persuade people to invest in his devious scheme.
He said the scammer was not licensed to operate a financial institution and would be arraigned in Court at the conclusion of investigation.