Earlier thread: https://www.nairaland.com/6814367/bamise-elizabeth-ajetunmobi-antigua-barbuda

A Federal High Court sitting in Lagos State has ordered the remand of Bamishe Ajetunmobi, a Ponzi Scheme Operator, who has been on the run since 2021, over alleged N7.5 billion fraud.

Justice Chukwuejekwu Aneke, remanded the Ponzi Scheme Operator, after he pleaded not guilty to 12 counts charge made against him by the men of Force Criminal Investigation Department Force CID (Annex) Alagbon-Ikoyi, Lagos.

Arraigning the defendant, the prosecution counsel Morufu Animashaun, a legal office in the Force CIID, annex, Alagbon-Ikoyi, told the defendant conspired with his wife, Elizabeth Ajetunmobi, who is now at large, and their company, Imaging Global Solutions Limited, committed the offences something in February 2021.

Animashaun told the court that the defendant and his wife had lured the fraud victims with 10 percent returns on investment (ROI), to commit the offences.

Among those allegedly defrauded by the defendant and the sums received from them includes: Mr. Olawale Lawal, N1.5 billion; Mrs. Kate Omu, N500 million, Mr. Erhi Catherine Ojoboh, N2 billion, and Mr. Abioye Idris, N3.5 billion.

The prosecutor told the court that the offences committed by the defendant contravened sections 8 (a), 1(a)(c) and 1 (2) of the Advance Fee fraud and other Fraud related Offences Act, 2006 and punishable under Section I (3) of the same Act.

He also told the court that the offences are contrary to section 383 of the Criminal Code Cap C38 Laws of the Federation of Nigeria 2004 and punishable under Section 390 (a) of the same.

Prior to his arraignment, the prosecutor told the charge against the defendant was filed in 2022, and that when the defendant came elusive, the police secured a warrant of arrest from the court.

He told the court that the defendant was however arrested by International Police (Interpol) at Ivory Coast, this year.

Animashaun, by oral application, urged the court to strike out the name of the defendant's wife from the charge, so that the defendant arraignment can go on.

Following the submission made by the prosecutor, Justice Aneke struck out the name of the defendant's wife from the charge, and ordered that the charge be ready to the defendant.

The defendant however, pleaded not guilty to the 12 counts charge, when they were read to him.

The defendant was not represented by any lawyer.

Following defendant's not guilty plea, the the prosecutor asked the court for a trial date. He also urged the court to remand him in the custody of the Nigerian Correctional Services (NCoS) till the determination of the charges against him.

Consequently, Justice Aneke ordered that the defendant be remanded at the Nigerian Correctional Services centre, Ikoyi and adjourned the case to November 29, fo trial.

https://saharareporters.com/2023/07/07/court-remands-runaway-ponzi-scheme-operator-ajetunmobi-over-n75billion-alleged-fraud

Senior senior scammers in this country are from one side

Many many people are extremely foolish..
OK, nah maybe I should start a ponzi scheme.
Return of sixty percent on your investment.
The business idea is selling of butterfly wings.
Lucrative business.

Many people are idiotsss.
Surprisingly If I start it I would get customers.

Very terrible.
Did I not see 1.5b, 2b, 3.5b? What were they thinking? No proper check? No lawyer to investigate? No financial adviser? No due diligence before investing at all.
What a shame on these people.

It's not Igbo name so the news will not sell

Give us Maxwell Odum.

basilo101:
It's not Igbo name so the news will not sell

Loll, by now Helinus,morh247,Yerimo and Him co Ipob tribalist ndi otu emergingnation3,for don spill this thread with plenty hate

Bad guy

Afonjaaaaa

If your money come clean, you won't be gambling your money in billions and multi millions in a business you don't know anything about and didn't do your due diligence.
They need to be investigated also about the source of their money.

If u check all those putting 2bn,3bn etc into the ponzi..you will find out that it's still fraudulently acquired money.most of them will also be pastors in redeemed,winners,christ embassy etc..Nigerians are funny people.these guys just met thier match.