A Lagos-based couple, Zaram Ezima and her husband Henry Nwadike, are currently in trouble over an investment scam allegedly running into millions of Naira.

The couple runs a business investment platform, Zari Club, where investors put in money and expect to earn a monthly return on investment (ROI).

Since 2020, the funds which the couple received have vanished. Zaram, the business coordinator, also went into hiding, investors who spoke to The ICIR noted.

They also noted Zaram could no longer be reached on the phone. Her number, 0809 455 – – – – appears to have been ‘forwarded’ to another number. This makes it difficult for callers to reach her.

Two of the victims who volunteered information to The ICIR on the scam said they invested N300,000 and N100,000 each.

Checks by our reporter revealed that the majority of the investors are females. The investors are largely based in Nigeria, and a few live abroad.

Zaram was said to have vanished in 2020 without committing the funds into the businesses she agreed with the investors.

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Our reporter learnt that she had agreed to import pharmaceuticals and textiles to sell for profit. She was to also use part of the money to purchase vehicles for transportation services.

According to some of the investors who shared their experiences with The ICIR, each investor was to get a five per cent profit of the amount they put into the business monthly, on the condition they would not demand for the money they put into the business for at least a year.

Many investors said Zaram exited the social media platform (Whatsapp group), where Zaram interacted with the investors two years back but kept her husband there.

READ MORE HERE: https://www.icirnigeria.org/zari-club-lagos-couple-in-trouble-over-multi-million-naira-investment-scam/

I'm sure the woman is the mastermind
Women are what again?