He is only 21, but Dominic Ngene Joshua succeeded in defrauding some Nigerians of the total sum of N2 billion. He likes to refer to himself as an investment expert and was able to scam unsuspecting Nigerians via his company, Brisk Capital Limited which he operated in Akwa Ibom State, though he is from Ebonyi State. He scouted his prospective clients from social media and deceived them to invest in Bitcoin, forex trading, real estate, and oil and gas.
Ngene promised 60 percent Return on Investment (ROI) per month on every sum invested, plus a guarantee of the invested principal, and many, as many as 500 investors gullibly fell for his antics.
The investments were diverted to sponsor his extravagant lifestyle, parties, purchase of exotic cars, luxury watches, real estates in Abuja, Lagos and Port-Harcourt. He eventually met his waterloo and today, he is cooling off in a police cell.
He was initially arrested in 2021, charged to Federal High Court, Ikoyi, Lagos and granted bail in early 2022. The court also granted an order of interim forfeiture of the 14 landed properties linked to Joshua following an ex-parte motion filed by the police. But a few days ago, he was arrested again by the Economic and Financial Crimes Commission (EFCC). This time, he is being accused of allegedly participating in the hack of a commercial bank in which N1.4 billion was allegedly stolen.
He was arrested…
