Crime & Justice
Lagos Court Sentences Ogun Student to 14 Years for Fraud
A Lagos court has sentenced a 27-year-old FUNAAB undergraduate, David Ugboko, to 14 years in prison for defrauding investors of N27.5m in a Ponzi scheme.
#Ponzi Schemes
Crime & Justice
The Persisting Threat: Why are Nigerians Still Falling Victim to Ponzi Schemes?
A new investigation uncovers the reasons why Nigerians continue to lose their savings in Ponzi schemes, despite repeated warnings and collapses.
