The era of investment platforms defrauding people of their hard-earned money seems to be a never-ending debacle. After weeks of poring through tons of data, documents and deploying Open Source Intelligence tools, DAMILOLA OLUFEMI uncovers how a forex company allegedly faked an international reputation to defraud thousands of Nigerians and others globally
The award that was never won
Earlier this year, several newspapers (not PUNCH), carried reports in which IPC was referred to as an award-winning broker.
The articles linked the award to the 2022 Forex Expo Show Africa Awards, an annual recognition meant for notable forex trading companies.
When Daniel Nsiegbe, one of the conveners of the award was contacted, he admitted that IPC was nominated for the award, but said the company was not a recipient as widely publicised.
He said IPC had never attended any of their events and alleged that the company was faceless.
“These people (IPC) were not open. They were sending us messages and we were investigating them to know the type of company that they are. Before we knew it, they posted our information online, which we immediately disclaimed,” he said.
Nsiegbe revealed that part of the award policies required nominees to provide certain vital information, but noted that IPC declined.
He said despite pressure mounted on the IPC management during virtual communications, they could neither produce the name of the director, nor any means of…
