21-year-old Dominic Ngene Joshua, the Managing Director /Chief executive Officer of Brisk Capital Limited, was arrested by the Special Fraud Unit, Lagos.
Dominic who claimed to be an investment expert has been arrested for allegedly diverting investors funds worth over N2 billion.
Dominic, who is from Ebonyi state but operates from Uyo, Akwa Ibom state, reportedly lured his victims via social media platforms and newspaper Publications, by claiming to be a financial investor who manages funds for individuals and companies.
Unfortunately, Funds belonging to over 500 investors were allegedly diverted to sponsor Dominic’s extravagant lifestyle, exotic cars, luxury watches, real estates in Lagos, Abuja and Port Harcourt.
According to the Special Fraud Unit (SFU), the suspect has confessed to the crime, but pleaded to be given time to return the funds.