Tobiloba (not real name) and three of his co-workers invested over N1 million in Breach Menders Investment in January. But it became an investment gone bad shortly.

Mayowa Olukehinde, the Chief Executive Officer (CEO) of Breach Menders, had promised one of Tobiloba’s colleagues a future of financial abundance if they invested in his forex trading firm and benefited from its 20 percent returns.

After keying into the scheme, a colleague of Tobiloba informed him and three others who would invest a sum of N950,000. Tobiloba also invested N100,000.

In February, he expected his first payment of N20,000 but did not get anything.

“Olukehinde told us that we would get a 20 percent commission on our capital at the end of every month, but it shocked me when I did not get my money in February and March. He told us he had changed his mind on the monthly payment and would only pay at the end of the third month,” Tobiloba said.

PATIENCE, AND THEN FRUSTRATION



Tobiloba still chose to be patient after Olukehinde assured him he would be paid in April, but again, his patience did not bring him any good luck.
In July, Tobiloba’s patience ran out and he refused to listen to Olukehinde’s well-orchestrated lies. By perusing through the WhatsApp group he and other investors belonged in, he found that he had been fleeced.

“Most people in the group were also complaining. When I noticed this, I followed the group closely and saw that he had not paid anyone. But he would always claim he had paid some people and block anyone who used strong words,” Tobiloba told FIJ.

“At this point, I was determined to get my money back. But Olukehinde began to plead for more time. He said the money had gone with the wind as the forex market crashed. And even though he presented himself as the trader when we decided to invest, he told me he was not the main trader, but I didn’t care.”

Tobiloba and his colleagues tried their best to get Olukehinde to refund their money, but he would not. At some point he said his corporate account was frozen by the Central Bank of Nigeria (CBN), and at another time he claimed to have sold his personal belongings to pay some investors.

Now, he is unreachable. “If you call him, he will hardly answer his call,” Tobiloba told FIJ. “And if you call him several times, he’d block you. His office at Agege is closed too.”

FIJ made several calls to Olukehinde, but his line was switched off. A text message sent to him was also not responded to.

Investors said Breach Menders swindled them out of N50 million. On his LinkedIn account, Olukehinde says his law firm is Breach Menders Legal Practitioners.

https://fij.ng/article/mayowa-olukehinde-of-breach-menders-collected-n50m-from-investors-now-hes-unreachable/

This people should be sent to jail to chill forever

But when you see this people on the street, you won't know they are Yahoo boys too

Another millions go down the drains.

Una no go eva learn.

I remember that year of MMM.I visited one Naval officer family in Lagos Mainland .I hardly Sidon Wen the wife they market MMM to me make I join :I strongly rejected her sermon and thankfully,MMM crashed 1 month later.Gambling in whatever form is bad

The punishment for swindling people in Nigeria should be changed to death by firing squad!!!

Holly Gram WTF MAN

Hmmm

Nigeria is a fertile soil for Ponzi business. Maybe its time I launch mine and cash out like others before it becomes obsolete, and before my Burundi visa expires

I honestly dont know how they are able to convince their investors....hian!

....

Nigerians are so bleeping dumb, they'll believe anything. That's why crooks make it easily in this country of ours.
..

That's the same way that bastard Azeez with Nairaland monikers Hennycool, Melizbode and Foods360 disappeared after collecting 8 million from investors in 2019 for financing a business transaction of Melizbode Global Ventures.

For the attention of the general public the individual referenced above has gone on to form another company (360 Foods NG) and is going about soliciting for investment funds from unsuspecting members of the public

Nackzy:
This people should be sent to jail to chill forever

Yes, along with the "investors"

Gone with the wind.

Lobatan

These days, even to invest dey fear person

e be like sat na to start my own investment scheme. Nigerians are just too greedy n gullible.

Hmmm.


The point is that Nigerians are the most gullible set of people on earth.



If you wan hoodwink dem patapata just add 'Pastor Reverend Doctor Bishop Imam Sheikh Deacon Apostle' to your name; na dem go dey chase you with their money follow.

MMM 2.0.

Now tell btwn bet9ja n dis which one sure pass

Same format they all have...

And for the owner of Whales Kingdom Capital,

I pray that where he is right now, he will either be killed by a stray bullet or by a hit and run driver.

And his parents shall be in pains and sorrow, they shall no know peace.

Cause, they participated in the scheme, he used his parents account to launder the money.

I wish guns were legally permitted to be used in Nigeria, if not, that Daniel Tobiloba would have been an history.


But all the same, i wish him nothing but bad luck in his endeavours.

MMM that scam millions of Nigerian

Some Nigerian have still not learnt any lesson with ponzi scheme.

It's a dog eat dog society we got here


Every one is all out to swindle

Na wa

When will piple learn not to trust people who wear glasses, speak plenty Grammer and wear senator outfits.

Nigerian with this quick ROI syndrome! 20% ROI on a monthly basis is a red flag to intelligent guys!

Na so beningnant forte investment dey clear their so called investors eyes now ... Lool

Following

I give up on Nigerians

Who will deliver Nigeria