The Economic and Financial Crimes Commission (EFCC) has unmasked 58 fraudulent investment schemes operating across Nigeria, warning the public about their illegal activities and financial dangers.
In a statement issued on Tuesday by the EFCC’s Head of Media and Publicity, Dele Oyewale, the anti-graft agency disclosed that these companies were operating without valid registration from the Central Bank of Nigeria (CBN) or the Securities and Exchange Commission (SEC), making them illegal financial entities.