The Sokoto Zonal Office of the Economic and Financial Crimes Commission has arrested Omotade-Sparks Amos Sewanu, operator of the Inks Nation Ponzi Scheme. The suspect who had been at large, was finally arrested on Thursday May 27, 2021 and has made useful statements.
According to an EFCC statement, Omotade-Sparks who hails from Badagry Lagos State was declared wanted by the EFCC in November 2020 after efforts to apprehend him failed. He is the alleged mastermind of a huge pyramid investment scheme through which many citizens were defrauded of monies to the tune of over Thirty Two Million Naira.
He had floated a phony online digital currency called “Pinkoin” which lured many Nigerians to invest between One Thousand Naira to One Hundred Thousand Naira 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.
The scammer was not licensed to operate a financial institution. He will be arraigned in Court at the conclusion of investigation.
Meanwhile, operatives of the Lagos Zonal Office have arrested eight suspected internet fraudsters.
The suspects are Tobiloba Aramide Ogundiyan, Samson Alabi Afolabi, Adebayo Dolapo Olumide, Daniel Boluwatife Akinwunmi, Moses Segun, Kelechi Thankgod Felix, Adeleke Godwin Tofunmi and Adewale Dayo Victor
They were arrested on May 18, 2021, at River View Estate, Lekki, Lagos following credible intelligence received by the Commission on some individuals allegedly involved in computer-related fraud. Upon their arrest, items such as mobile devices, laptops, exotic cars and expensive jewelleries were recovered from them.
In the course of investigation, it was revealed that one of the suspects, Ogundiyan was also involved in money laundering. The suspect who acquired his ill-gotten wealth from internet fraud, layered the proceeds into bitcoin account and then integrated it by purchasing a Range Rover Vela P380 2018 model worth N44,000,000 ($97,626 USD in bitcoin) sometime in March 2021.
The suspects have volunteered useful statements to the Commission and will be charged to Court soon.