In its ongoing efforts to clean up Nigeria’s financial sector and provide the investing public with accurate and trustworthy information, the Economic and Financial Crimes Commission (EFCC) has alerted Nigerians about the activities of 58 companies posing as legitimate investment entities, but instead defrauding innocent citizens of their hard-earned money.
These companies are not registered with the Central Bank of Nigeria (CBN) or the Securities and Exchange Commission (SEC), the two regulatory bodies that oversee investment activities in the country. Both agencies have confirmed to the EFCC that none of these companies are registered with them.
The EFCC has taken legal action against several of these companies, with five already convicted, another five pleading guilty but awaiting fact review, while the rest are still pending arraignment.
Below is the list of companies implicated in these fraudulent schemes:
Wales Kingdom Capital
Bethseida Group of Companies
AQM Capital Limited
Titan Multibusiness Investment Limited
Brickwall Global Investment Limited
Farmforte Limited & Agro Partnership Tech
Green Eagles Agribusiness Solution Limited
Richfield Multiconcepts Limited
Forte Asset Management Limited
Biss Networks Nigeria Limited
S Mobile Netzone Limited
Pristine Mobile Network
Letsfarm Integrated Services
Bara Finance & Investment Limited
Vicampro Farms Limited
Brooks Network Limited
Gas Station Supply Services Limited
Brass & Books Limited
Annexation Biz Concept
Maitanbuwal Global Venturescrowdyvest Limited
Crowdyvest Limited
Jadek Agro Connect Limited
Adeeva Capital Limited
Oxford International Group
Oxford Gold Integrated
Skapomah Global Limited
MBA Trading & Capital Investment Limited
TRJ Company Limited
Farm4Me Agriculture Limited
Quintessential Investment Company
Adeprinz Global Enterprises
Rockstar Establishment Limited
SU.Global Investment
Citi Trust Funding PLC
Farm Buddy
Eatrich 369 Farms & Food
Globertrot Farmsponsors Nigeria Limited
Farm Sponsors Limited
Cititrust Credit Limited
Farmfunded Agroservices Limited
Adamakin Investment & Works Limited
Cititrust Holding PLC
Green Eagles Agribusiness Solutions Limited
Chinmark Homes & Shelters Limited
Emerald Farms & Consultant Limited
Ovaioza Farm Produce Storage Limited
Farm 360 & Agriculture Company
Requid Technologies Limited
West Agro Agriculture & Food Processing Limited
NISL Ventures Limited
Estate of Laolu Martins
XY Connect Investment Limited
River Branch Unique Investment Limited
Hallmark Capital Limited
CJC Markets Limited
Crowd One Investment
Farmkart Foods Limited
KD Likemind Stakeholders Limited
The EFCC remains committed to monitoring and investigating all entities operating in Nigeria’s economic space. It reassures the public that it will continue to act proactively to protect citizens from fraudulent activities by unscrupulous operators, using the full weight of its anti-corruption mandate to foster a more secure and transparent economic environment.