The Economic and Financial Crimes Commission (EFCC) has released a list of 58 companies operating illegal Ponzi schemes in Nigeria. Here’s the full list:
1. Wales Kingdom Capital
2. Bethseida Group of Companies
3. AQM Capital Limited
4. Titan Multibusiness Investment Limited
5. Brickwall Global Investment Limited
6. Farmforte Limited & Agro Partnership Tech
7. Green Eagles Agricbusiness Solution Limited
8. Richfield Multiconcepts Limited
9. Forte Asset Management Limited
10. Biss Networks Nigeria Limited
11. S Mobile Netzone Limited
12. Pristine Mobile Network
13. Letsfarm Integrated Services
14. Bara Finance & Investment Limited
15. Vicampro Farms Limited
16. Brooks Network Limited
17. Gas Station Supply Services Limited
18. Brass & Books Limited
19. Annexation Biz Concept & Maitanbuwal Global Ventures
20. Crowdyvest Limited
21. Jadek Agro Connect Limited
22. Adeeva Capital Limited
23. Oxford International Group and Oxford Gold Integrated
24. Skapomah Global Limited
25. MBA Trading & Capital Investment Limited
26. TRJ Company Limited
27. Farm4Me Agriculture Limited
28. Quintessential Investment Company
29. Adeprinz Global Enterprises
30. Rockstar Establishment Limited
31. SU.Global Investment
32. Citi Trust Funding PLC
33. Farm Buddy
34. Eatrich 369 Farms & Food
35. Globertrot Farmsponsors Nigeria Limited
36. Farm Sponsors Limited
37. Cititrust Credit Limited
38. Farmfunded Agroservices Limited
39. Adamakin Investment & Works Limited
40. Cititrust Holding PLC
41. Green Eagles Agribusiness Solutions Limited
42. Chinmark Homes & Shelters Limited
43. Emerald Farms & Consultant Limited
44. Ovaioza Farm Produce Storage Limited
45. Farm 360 & Agriculture Company
46. Requid Technologies Limited
47. West Agro Agriculture & Food Processing Limited
48. NISL Ventures Limited & Estate of Laolu Martins
49. XY Connect Investment Limited
50. River Branch Unique Investment Limited
51. Hallmark Capital Limited
52. CJC Markets Limited
53. Crowd One Investment
54. Farmkart Foods Limited
55. KD Likemind Stakeholders Limited
56. Holibiz Finance Limited
57. Ifeanyi Okpe Oil & Gas Services
58. Servapps Nigeria Limited, Barrick Gold Mining Company and 360 Agric Partners Limited
The EFCC emphasizes that these companies are not registered with the Central Bank of Nigeria (CBN) or the Securities and Exchange Commission (SEC). They have taken legal action against many of these companies, with some convictions already secured. The EFCC urges the public to be vigilant and report any suspicious investment activities.