EFCC nabs Lagos-based ponzi scheme operator in Sokoto


A Lagos State-based ponzi scheme operator identified as Omotade-Sparks Amos Sewanu has been arrested by the Economic and Financial Crimes Commission (EFCC).

According to the EFCC, the suspect, who operated the Inks Nation Ponzi Scheme, was arrested in Sokoto State by the zonal office of the Commission in the State.

“The suspect who had been at large, was finally arrested on Thursday May 27, 2021 and has made useful statement,” the EFCC stated.

Sewanu was declared wanted by the EFCC in a case bordering on obtaining by false pretence, names-dropping and fraud to the tune of N32 million while claiming to have floated an online digital currency called “Pinkoin”.