A 21-year-old who says he is an investment expert and managing director of Brisk Capital Limited, Dominic Ngene Joshua has been rearrested by the Economic and Financial Crimes Commission (EFCC) for defrauding investors.
In May 2021, Dominic Ngene Joshua (21) was arrested by the police for the alleged diversion of investors’ funds worth over N2billion.
The Cable reports that he was rearrested by the EFCC a few days ago.
Joshua became notorious 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 especially because of his age.
Prior to his arrest, several Nigerians had accused him of allegedly defrauding them of billions of naira.
The self-styled 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.
An advert he posted earlier in the year via Brisk Capital_ Dominic advised prospective investors: “Receiving your Return on Investment can be a great way of having peace of mind and of course options in your mind.
So tell us what you do with it?”
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 is said to be a respite for victims who alleged that they have been defrauded of their hard-earned resources.
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21-Year-Old Investment Expert Rearrested for Defrauding Investors