Tag Archives: N7bn

EFCC Arrests Ponzi Scheme Operator Who Has Defrauded Nigerians Of N7bn

The Economic and Financial Crimes Commission (EFCC) has arrested Babagana Dalori, Chief executive officer of Galaxy Transportation and Construction Services Limited, for allegedly defrauding Nigerians through a ponzi scheme. The commission said 27,400 Nigerians lost N7 billion through fake promises of high returns on their investment in Dalori’s companies. In a statement, EFCC Spokesman, Tony…

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