Tens of Lagosians stormed the LASU Road office of late Alhaji Fatai Yusuf, popularly known as Oko Oloyun, to demand the money they invested in his Ponzi scheme.

Oko Oloyun, a popular Lagos-based trado-medical expert, was murdered on Thursday 23 January 2020 around 4:30pm on the road while travelling to Iseyin, Oyo State. He was reportedly attacked by some hoodlums at Igboora.

Following his demise, people who invested money in his Ponzi scheme, known as “Option C” stormed the Head office of his company to demand how to retrieve their money. The investors were the more confused as his two offices at Egba Idowu along Igando road in Lagos were shut with no one to provide information.

The investors, however, vowed to take drastic measures if a statement was not issued by the organization as soon as possible. Just like the day MMM folded up, the investors in “Option C” programme narrated how much they had invested and insisted they could not afford to lose their hard-earned money.

An investor, who chose to be called Emmanuel explained that Option C is a money-making programme that promised 10% return in two months. Emmanuel, who was trembling while speaking, added that he invested in the scheme in July 2019 and had only received returns once, contrary to the agreement of two months which was stated.

Mrs Bunmi (first name withheld), a retired teacher, who was clearly in shock, stated that she had invested millions having joined the programme in December 2018. She said she had only received N500,000 from her investment and that she was not sure of her fate with the death of Oko Oloyun.

Clutching her investment documents, she said that she filed to pull out after inconsistency in payment but rescinded her decision when she was told that she could not get her investment back in full.

Mr Azeez, another investor, said he invested N1 million in September 2019 and had decided to pull out after he was not paid in November. He, however, vowed to pursue his profit with all his ability.

Mrs Bisola (second name withheld) said she invested the money sent to her by her military husband who is fighting insurgents in North East. She said she could not afford to lose the money. She urged the management to speak up and address the investment programme issue quickly.

Mrs. Sulaimon, an investor, said she aborted her trip to travel down from Badagry to Igando when she heard about the assassination of Oko Oloyun. She noted with tears that she had invested a lot and could not afford to lose her investment. She was however optimistic that the returns would be paid after meeting her co-investors who cheered her up.

However, in the midst of the lamentation, some investors who had visited the house of the late Oko Oloyun in Lagos alleged that they were denied access by the security men, with the statement that “Alhaja said we should not allow anybody to come in, they are all in Ibadan.”

After the outcry, the investors agreed among themselves to visit the house of the deceased in Lagos during the Fidau prayers on the eighth day to demand their returns.

However, a security man at Oko Oloyun’s Egan Idowu office alleged that one of the rooms in the head office was intentionally burnt by unknown men prior to Oko Oloyun’s death. He said the workers who were on duty had been arrested.

SOURCE: https://www.pmnewsnigeria.com/2020/01/24/investors-storm-oko-oloyuns-office-to-demand-their-money/

This is really bad ooo... Always run from Ponzi Schemes... It always ends in tears

So this guy was also running a Ponzi scheme...

Everyone in Nigeria wants to blow overnight

People will never learn......so many small business owners on the internet are literally scamming people with the tag of invest in them and get ROI of 10% within two months........even the best performing large multinational corporations wouldn't offer investors such.

Good for them

Now I understand why he had two police escort when he was shot dead.
Ponzi scheme of any shade is a no no for me.

10% Returns in two months
Some people are truly gullible.

So, if I invest 100K , I have to wait after two months before making 10,000 Naira.
If I use that 100K and be playing 2 odds every weekend, that would be 100 times better sef.

Lalasticlala, this is interesting. Let people learn not to dash scammers their money under the guise of ponzi.

Thought they said he had a good business?.....Nigerians will always have one side dirty business.....while flaunting the good one.....greed is bad

Just peeping...

I dnt get it .

U are investing in a Ponzi scheme called Option C by Oko Oloyun ?

Many are truly mad but few are roaming about.

10% in two months is a waste of investment

Nigerians!!!

Chai ,life na gambling oo

Go and ask the dead in heaven , they should let him rest in peace or let his people mourn him first na ..

What a wicked world....God will deliver us ijn

IDIOTS!

Lobatan...

Anything money doubling I run.

God forbid...

Magas everywhere.
Your money is gone.

Everybody just greedy sha!

Someone will come up with some useless Come & Invest and get return biz and people go dive into it anyhow...

Chii

Davash222:
10% Returns in two months
Some people are truly gullible.

So, if I invest 100K , I have to wait after two months before making 10,000 Naira.
If I use that 100K and be playing 2 odds every weekend, that would be 100 times better sef.

Are you saying 10% in two months is low?

10% in a year passively is fantastic return. Treasury bills currently pay 5% in a year.

Davash222:
10% Returns in two months
Some people are truly gullible.

So, if I invest 100K , I have to wait after two months before making 10,000 Naira.
If I use that 100K and be playing 2 odds every weekend, that would be 100 times better sef.

If this is Ur thinking then as foolish as they appear, they were better than you.

10% every 2 months means 60% interest per annum.

That is ridiculously high for any legit investment.

People still invest in ponzi? Wow!

Option A - MMM
Option B - MMM Reloaded
Option C - Oko Oloyun

Nigerians will never learn from their past mistakes..
Always looking for a fast lane to get rich