Operatives of the Economic and Financial Crimes Commission, EFCC have arrested Ahamba Tochukwu, Chief Executive Officer, CEO, Gavice Logistics Limited behind investment schemes allegedly use to defraud investors the sum of N2,000,000,000 (Two billion Naira) in Nigeria.
The agency alleged in a statement published on social media, Wednesday that Tochukwu, through Gavice Logistics Limited, rolled out elaborate investment plans spanning haulage, courier and e-commerce services and dangled fifty percent Returns on Investment, ROI, to his investors.
EFCC also revealed that Investigations showed that he raked in more than N2 billion from 400 investors who could no longer access their Capital and ROI owing to the fact that Tochukwu, since November 2024, allegedly disappeared into thin air with his investors’ funds. He was however caught by EFCC’s gallant operatives who are busy grilling him on his alleged fraudulent Ponzi scheme.
With his arrest, according to EFCC, members of the public are enjoined to desist from patronising unverified pyramid schemes and fraudulent investment promoters to avoid being defrauded.
