The Fraud Suspect, Amos Olugbenga Olaniyan, After His Arrest
Crime Alert Invest. ‘Alter Ego’, Amos Olaniyan Nabbed For Alleged N128m Fraud
The Economic and Financial Crimes Commission (EFCC) said it operatives has arrested one Amos Olugbenga Olaniyan, for allegedly defrauding people of more than N128 million, in a fraudulent investment scheme.
A statement issued by Mr. Wilson Uwujaren, the Agency’s spokesman, said Olaniyan was nabbed following series of complaints.
In th statement, the petitioners have alleged that Olaniyan, through his company, DHIL Nigeria Limited, popularly known as Crime Alert Security Network Investment, offered a monthly 30% returns on investment.
The citizens said they were persuaded after listening to the suspect’s weekly radio programme.
After committing funds, they neither received the promised interest nor got a refund of their capital since 2020.
In the course of investigations, the EFCC discovered that the suspect operated a classic Ponzi scheme and had defrauded hundreds of people.
“Petitions are still pouring into the Commission daily from his alleged victims”, Uwujaren disclosed.
It was discovered that DHIL Nigeria Limited was not registered with the Central Bank of Nigeria as a financial institution.
Five exotic cars, three landed properties and other incriminating documents were recovered from Olaniyan.
The agency said the suspect will be charged to court at the completion of investigations.
