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21 Year-Old MD Nabbed For Fraud In Lagos

 

A self-styled investment expert and managing director of Brisk Capital Limited, Dominic Ngene Joshua has again been arrested by the Economic and Financial Crimes Commission (EFCC) over another fraudulent scheme.

In May 2021, Dominic Ngene Joshua (21) was arrested by the police for the alleged diversion of investors’ funds worth over N2billion.

He was subsequently charged to court and granted bail in early 2022.

His rearrest came a few days ago by the EFCC, according to The Cable.

Joshua earned notoriety in May 2021 when the police special fraud unit (PSFU) in Ikoyi, Lagos state, announced his arrest.

The mugshot taken after he was nabbed for the alleged crime went viral on social media.

Prior to his arrest, several Nigerians had accused him of allegedly defrauding them of billions of naira.

The so-called investment expert was said to have asked victims to invest in Bitcoin, forex trading, real estate, and oil and gas with the promise of prompt return on investment (ROI) per month, plus the guarantee of the invested capital.

The police had claimed that Joshua lured his victims on social media platforms, such as Instagram, Facebook, and Linkedin, with the claim that he is a financial investor of repute that manages funds for individuals and companies.

His arrest was a respite to victims who alleged that they had been defrauded of their hard-earned resources.

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