JUST IN: Woman Leader Loses Community Fund as New Ponzi Scheme Escapes With Over N30Million of Investors’ Capitals – Olainfo

 JUST IN: Woman Leader Loses Community Fund as New Ponzi Scheme Escapes With Over N30Million of Investors’ Capitals – Olainfo

Anxiety and reactions have trailed the report of a new Ponzi Scheme known as MONDELEX of running away with investors money in Port Harcourt Rivers State.

Olainfo learnt that, the investors of the Ponzi Scheme stormed their office in their numbers yesterday around Eliozu Flyover, Port Harcourt to demand their regular ROI. The office was already locked before their arrival.

Olainfo gathered that, MONDELEX operates on 50% return on capital within two days which however had attracted a large number of investors not more than a week they begin operation in the city. Report revealed, the scheme had already gained about two hundred customers before shutting down.

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One of the investors who spoke with Olainfo confirmed they stormed their office yesterday around Eliozu but met it locked. He also said the contacts of both the company’s MD and staff were unreachable.

The respondent further revealed to Olainfo that, some of the investors put in as high as 4 million naira and a particular woman who’s said to be woman leader of a community who invested 8 million naira community fund.

We’ll keep updating you as the development unfolds

Nicholas Oladipupo

http://olainfo.com.ng

A Nigerian journalist and graduate of Linguistics and Communication Studies. You can reach him via [email protected]