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: