A Nigerian woman has been declared wanted by the International Police section of the Nigerian Police Force for her involvement in an N5.3 billion investment fraud.
According to reports, the woman, identified as Ms. Munachim Onyia, was said to be the CEO of MECO Enterprises, a company which she registered in September 2018.
She also ran Muna Investment, a Ponzi scheme which she used to swindle unsuspecting investors.
An arrest warrant which was issued for Ms. Onyia by the Lagos Division of the Federal High Court and confirmed by The Gazette said she is wanted for swindling people of their money under the pretense of being a staff of the Central Bank of Nigeria.
In relation to the crime, the Lagos State Police Command also arrested Silas Babatunde, a marketing executive who was present at the bank at the time of the fraud. The police are looking into whether or not Mr. Babatunde acted alone or with the knowledge and approval of his superiors at the bank,