Another heist has been successfully inflicted on investing Nigerian publics by a ponzi scheme scammer, MBA firex firm, involving a whopping loss of N213 billion
Reports said that thousands of investors were frustrated by the disappearance of MBA forex firm boss Maxwell Odum, in whose custody their financial destinies and livelihood were.
Maxwell Odum, the operator of a Ponzi scheme, vanished into thin air after defrauding tens of thousands of Nigerians of hundreds of millions of dollars.
The police confirmed that they were investigating the incident and that their report was still being written.
Maxwell, who operated a business in Port Harcourt called MBA Trading and Capital Investments Limited, milked customers out of large sums of money while promising fantastic profits.
The perpetrator, who was born in Rivers State, has since vanished.
He ceased posting on Facebook on November 19, 2020, when he posted another disclaimer for another Nigerian fraudster named “Maxwell Odums.”
Maxwell Odum was declared wanted by the EFCC in December 2021, after the real Maxwell vanished, leaving his clients impoverished.
The agency has charged him with money laundering, conspiracy, and deception in order to obtain money.
According to the EFCC, Odum is a native of Ikwerre in Rivers State.
“His last known address is 7 Odum Street, Elekahia, Port Harcourt,” said Wilson Uwujaren, the EFCC’s head of media and publicity.
Stay ahead with the latest updates! Join The ConclaveNG on WhatsApp and Telegram for real-time news alerts, breaking stories, and exclusive content delivered straight to your phone. Don’t miss a headline — subscribe now!
