Maxwell Odum: MBA Forex CEO dey Economic and Financial Crimes Commission wanted list

Maxwell Odum: MBA forex CEO dey Economic and Financial Crimes Commission wanted list

Wia dis foto come from, Other

Economic and Fiscal Crimes Commission [EFCC] say Maxwell Odum dey wanted for declared $518.3m fraud.

Maxwell Chizi Odum wey be MBA forex CEO dey involved in a case of conspiracy, obtaining coin by faux pretence and money laundering, EFCC tok.

Di Nigerian wey be native of Elekahia boondocks in Port Harcourt allegedly trick pipo to di tune of 213 billion Naira, EFCC denote.

One of di investors for MBA Forex, John Paul Uzo tell BBC Pidgin say im invest four meg, v hundred thousand naira for MBA Forex as a means to get anoda source of income for im family.

Merely eastward no tay afterwards im invest di money for June 2020, di scheme crash for Nov aforementioned yr.

"Wetin EFCC practise na welcome development considering na something we don dey push button for, for a long time and at present wey dem don do am, we happy well well."

Oga Uzo na di secretary of Victims of MBA Forex, a group wey don practice enough protest waka to goment agencies like Department of State Security, EFCC and Key Banking company of Nigeria CBN.

Dem do demonstration to demand brand dem have action and assist dem recover dia money dem invest for MBA Forex.

Im say dis one give dem small-scale promise say dem go fit recover dia money wey dey trapped inside as many of dem dey suffer well well.

"Na 50/50 take a chance because e go get through some process as goment at present go step in and charge am go courtroom.

"And so na di court go decide weda di money go go to Goment or di investors but we get hope say we di investors go benefit at di finish of di mean solar day."

Wetin we call dis foto,

EFCC don declare Maxwell Odun wanted for N213bn fraud

Investor allege say 'MBA Forex na big fraud right from di foundation'

John Paul Uzo claim say many pipo wey invest for MBA Forex dey serious distress now.

Dis, according Uzo, na equally some of dem put all dia life savings, some even infringe money from bank put dia and now many of dem don enter large gbese as dia businesses don close.

And many families don scatter sake of dis and dem dey regret bitterly. E add together.

Im allege say di whole investment scheme dey based on fraud right from di beginning as EFCC don find.

Obtaining money by false pretence and money laundering na crime for Nigeria and e adventure jail term.

"We don discover say MBA Forex na fraud right from di foundation. Even EFCC sef don observe out say evritin about di business organization dey based on fraud.

"Di 1 wey dem say Court freeze im account no get effect because we find out say no money dey inside those accounts dem freeze.

"And even di ones wey money dey, e dey very minor compared to di corporeality of money pipo invest.

So dat one show say di man comot all di coin wey bin dey within those accounts and then east become hard for pesin to find di verbal corporeality because due east scatter am for dissimilar accounts wey pipo no know." Im tok.

Wia dis foto come from, Facebook/Maxuell Odum

Di testimonials from oda investors ni am convince me to invest'

John Paul Uzo say wetin make in invest for MBA Forex na di testimony wey odas wey bin don invest give about dia investment say eastward dey pay well.

"Nosotros no doubtable anytin as we dey invest. Most of di tins im tell us - both clarification from EFCC, CBN, Transparency International and di oda pipo im bring to testify for some of im seminar all na prevarication! Dem stage manage am terminate."

Uzo add say anoda point na say dem manage di platform well for 4 years and then oda investors wey don invest before.

"Dat na two, three years earlier, come become im unpaid marketers wey persuade odas as dem don become return of dia investment, so e easy to persuade odas say due east dey pay.

"After Covid-xix wey im still dey pay, pipo come get and so much trust for di scheme so some pipo liquidate dia account.

"Odas sell dia belongings, some even go borrow coin from micro-finance banks to invest.

"Dis go tell yous how much pipo bin trust di organisation only to find out say all na large fraud."

Wetin nosotros call dis foto,

Pipo wey invest for MBA Forex don protest to demand recovery of dia capital

Maxwell Odum Chizi Biography

Maxwell Odum na Nigerian entrepreneur, from Elekahia customs for Port Harcourt, Rivers Country.

According to EFCC, im terminal known address na 7 Odum Street, Elekahia Port Harcourt.

Im be di Managing Director of MBA Forex and Capital letter Investment Limited wey dey into Forex trading and training.

On 28 April, 20219 Christ Embassy Port Harcourt Zone one Boundless Grace Church building wish am Happy Altogether.

Di message dem post for dia facebook page show say im fit be member of Christ Embassy wey be Chris Oyakhilome church.

MBA Forex dey registered with Corporate Diplomacy Committee and di Special Command Unit of measurement Against Money Laundering and dem bin din dey operate for four years before dem close down for Dec, 2020.

For dia Facebook page, dem claim say dem dey certified fraud free to do business for Nigeria by di Economic and Financial Crimes Committee EFCC.

Wia dis foto come up from, EFCC

Penalty Maxwell Odum Chizi get face

For di Criminal Code Act (2004), di offence of obtaining by False Pretences dey proscribed.

Dis crime dey for sections 419, 419A, 419B, 420, 421, 422, and 423 of di Criminal Code Human activity.

E land say any pesin, by false pretence, and with di intent to defraud some other pesin, and collect from dat oda pesin anything dem fit steal, or propose whatsoever oda person to evangelize to whatsoever oda pesin anything dem fit tiff, or get credit past simulated pretences or by oda kind of fraud, don commit offence.

And di pesin dey liable upon confidence to imprisonment for a term of three to seven years.

'MBA Forex no ever dey registered with us' - SEC Nigeria

Di Securities and Substitution Committee SEC Nigeria too clarify say MBA Forex no ever dey registered with dem.

Head of Investigation and Enforcement of di Security and Commutation Commission, Port Harcourt Branch, Enebeli Sussy Sulukwe for May 2021 explain say;

MBA Forex bin effort to register wit dem merely dem neglect to run into dia registration requirements.

And dem dey amid di market operators wey SEC list for dia website as one of those wey dey operate illegally. Sulukwe tok

"MBA Forex don dey SEC website for over a year with a warning to di general public to beware, so no, dem no dey registered with di SEC."

Di Madam for Investigation and Enforcement of SEC Port Harcourt Branch, emphasise say, di commission no ever endorse whatever scheme wey don crash for Nigeria today.

And and so brand pipo exercise dia due diligence, polish dia optics well-well before dem put dia money for any investment, Enebeli Sussy Sulukwe tok.

"Make I make am very articulate, di Securities and Commutation Commission no endorse any scheme wey don crash for Nigeria today.

"I dey tell yous di fact say, any of such schemes wey claim say dem registered wit SEC dey tok lie. Dem get go about dey show pipo fake registration documents.

"Nosotros really become those schemes listed for our website equally ponzi schemes." She tok.

Pipo wey invest for MBA Forex don practise several protest waka to EFCC, DSS and fifty-fifty di Pentocostal Church wey Maxwell Odum dey attend, dey ask dem to tell Odum to pay dem dorsum di money dem invest for im business.