60% ROI: Investment Expert Arrested For Defrauding People To The Tune Of N2b

A Nigerian man of 21-year-old, whose name is Dominic Ngene Joshua has allegedly being arrested for diverting investors’ money given to him, worth N2b. #60%

Ngene Joshua is the Managing Director/Chief Executive Officer of Brisk Capital Limited, he was picked up in Lagos by the Special Fraud Unit, Lagos. Dominic was arrested following petitions to the unit by several investors.
READ ALSO: $350,000 Fraud: Gov. Abiodun’s Special Adviser, Abidemi Rufai, Denied Bail In US

Joshua, who is from Ebonyi State but operates from Uyo, Akwa Ibom State, reportedly lures his victims via social media platforms and newspaper publications, by claiming to be a financial investor who manages funds for individuals and companies.

See tweet below;

BRISK CAPITAL LIMITED.

The Special Fraud Unit will arraign the founder of BRISK CAPITAL LIMITED, Mr Dominic Joshua Ngene for stealing over N2Billion from investors.

The 21 year old promised investors 60% ROI on investment in real estate, forex, oil and gas, e.t.c pic.twitter.com/Ui6cPsiglW

— Nnamdi Chife (@NnamdiChife) May 25, 2021

He deceived victims to invest money in Bitcoin, FOREX trading, real estate, and oil and gas, with a promise of 60% Return On Investment per month on every fund invested.
READ ALSO: Abidemi Rufai: FBI Arrests Ogun Governor’s Aide Over $350000 Fraud

However, funds belonging to over 500 investors were diverted to sponsor Joshua’s extravagant lifestyle, exotic cars, luxury watches, real estate in Lagos, Abuja, and Port Harcourt.

According to the Special Fraud Unit (SFU), the suspect has confessed to the crime but pleaded to be given time to return the funds.

The SFU said some of the properties and items purchased with the diverted funds have been recovered from him, and he will be charged at the Federal High Court soon.

Only months ago, Dominic Ngene Joshua, was featured in a business publication and a glowing piece was written about him. He was referred to as a “disruptor in the investment banking industry”.

The article has now been taken down following his arrest.

Photo Credit: Getty

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