Police arrest 23 foreign nationals for alleged ponzi scheme, visa scam

The Ogun Police Command have raided a residential building and arrested 23 foreign nationals in connection with an alleged ponzi scheme and visa scam in Ota area of the state.

This is contained in a statement issued by the Command’s Spokesperson,DSP Oluseyi Babaseyi, on Monday in Abeokuta.

Babaseyi said the suspects were arrested on Aug. 4 at about 11 a.m. by operatives attached to the Atan-Ota Division of the Command.

“The raid followed credible intelligence received by the police concerning suspected fraudulent activities at the location.

“The police personnel promptly mobilised, secured the premises and arrested the suspects for further investigation.

“23 foreign nationals were arrested in connection with alleged Ponzi scheme, visa scam and others immigration -related offences.

“After preliminary investigation, 21 of the suspects were formally handed over to the Nigeria Immigration Service on Aug.5, for further immigration-related investigation and appropriate action,” he said.

The spokesperson said that two suspects were retained by the Police for prosecution in connection with Obtaining by False Pretence (OBT) and other related offences, subject to the conclusion of investigation.

Babaseyi said investigation is ongoing to establish the full circumstances surrounding the alleged fraudulent activities and identify any other persons connected with the scheme.