Reactions Trail as 21-yr-old Allegedly Diverts Investors’ N2bn by Promising 60% ROI

One 21-year-old Dominic Ngene Joshua, has been arrested by the Special Fraud Unit, Lagos following petitions by several investors alleging him of diverting fund worth over N2 billion.

Joshua who claims to be the Managing Director/Chief Executive Officer of Brisk Capital Limited and a financial investor that manages funds for individuals and companies, said he got his victims by conning people via social media platforms such as Instagram, Facebook and Linkedin, as well as newspaper publications to invest in Bitcoin, FOREX trading, real estate and oil and gas, with a promise of quick and 60 per cent Return On Investment (ROI) per month on every fund invested.

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

Following this incident, many have taken to social media to react, as most people blame the investors for trusting a 21-year-old with such fund.

See some of the reactions:

If your understand business you should know that any organization offering above 10% ROI can't stand the test of time. Let alone 60% ROI
— Gabriel Kalunta (@kalunta_gabriel) May 25, 2021

If you give your money to a 21yo promising 60% ROI, you probably deserve whatever your eyes see. https://t.co/wGWWEzwX4i
— Tobi (@tobicomm) May 25, 2021

A 21yrs old promised full grown adults 60% ROI and they gathered N2bn for him? You are all bunch of lunatics and deserves whatever pains that yeye boy must have caused you. Greedy idiots.
— The Godfather JP (@AyoOyalowo) May 25, 2021

Any investment that could get you like 60% ROI in a year legitimately will also be high risk like betting on an early stage company that turns out great.
Very difficult to invest in a mature industry like real estate, oil, gas etc and expect such returns.
People never learn.
— Ayobami Oladejo (@ayooladejo) May 25, 2021

Just hitting me.

That dude is 21 years old?

Wow. People trusted someone who barely has any business experience to give them 60% ROI?
— OlúAfolábí (@oluafolabi) May 25, 2021

A 21-year-old selling 60% ROI per MONTH to people old enough to be his grandparents, people who had experienced all the forms of Ponzi scheme in existence, and they fell for it. Sometimes it’s difficult to feel sorry for the victims of these greed-driven “investments.”
— Gimba Kakanda (@gimbakakanda) May 25, 2021