₦airaland Forum

The Economic and Financial Crimes Commission has arrested the Chief Executive Officer of Gavice Logistics Limited, Ahamba Tochukwu, for allegedly defrauding investors of over N2bn through a failed logistics investment scheme.

In a statement on Wednesday, the EFCC said Tochukwu, through his company, lured investors with promises of a 50 per cent return on investments in haulage, courier, and e-commerce services.

According to the commission’s spokesperson, Dele Oyewale, investigations revealed that more than 400 people invested in the scheme but have been unable to recover their funds.

The EFCC added that Tochukwu absconded with the money in November 2024 before being tracked down and arrested.

The agency also warned Nigerians against falling for unverified investment platforms.

“With his arrest, members of the public are advised to desist from patronising unverified pyramid schemes and fraudulent investment promoters in order to avoid being defrauded,” the EFCC said.

Source: https://punchng.com/efcc-arrests-ceo-for-n2bn-failed-investment-scheme

adenigga:
The Economic and Financial Crimes Commission has arrested the Chief Executive Officer of Gavice Logistics Limited, Ahamba Tochukwu, for allegedly defrauding investors of over N2bn through a failed logistics investment scheme.

In a statement on Wednesday, the EFCC said Tochukwu, through his company, lured investors with promises of a 50 per cent return on investments in haulage, courier, and e-commerce services.

According to the commission’s spokesperson, Dele Oyewale, investigations revealed that more than 400 people invested in the scheme but have been unable to recover their funds.

The EFCC added that Tochukwu absconded with the money in November 2024 before being tracked down and arrested.

The agency also warned Nigerians against falling for unverified investment platforms.

“With his arrest, members of the public are advised to desist from patronising unverified pyramid schemes and fraudulent investment promoters in order to avoid being defrauded,” the EFCC said.

Source: https://punchng.com/efcc-arrests-ceo-for-n2bn-failed-investment-scheme

Never too far away from the truth, wouldn’t be surprised if Tochukwu is that tochi360 that is on the run from the law again?

Alhamdulillah! May all the other fraudsters be caught and prosecuted. Aamin

The kind of frauds that going on this country since apc the terrorist party stole power is unimaginable

But then, 50% promise, how did people believe in that with their hard earned money? Yet people will claim they don't have money and fall for obvious scam. That is obviously ponzi.

Nigerians get mind Sha, person no fit scam scam for money wey I hustle for o.

adenigga:
Source: https://punchng.com/efcc-arrests-ceo-for-n2bn-failed-investment-scheme

everywhere you go in this country is one fraud to another

Kingdavid579:
Nigerians get mind Sha, person no fit scam scam for money wey I hustle for o.

But girl friend dey scam you with promise of free tohtoh

Don't deny it because even Samson and wise king Solomon fell for it.

bamac:
But then, 50% promise, how did people believe in that with their hard earned money? Yet people will claim they don't have money and fall for obvious scam. That is obviously ponzi.

Anyone who can legitimately make such returns doesn't need their money
Desperation and greed pushed them into the hands of the alleged fraudster

Always getting away with this type of investment schemes because there are greedy people with money looking to reap without sowing.

Nigeria will never learn from the mistakes, there are Alot still operating around. Hand go soon meet them

If any business promises you 50% return on investment, run for your dear life. That's a big red flag first of all. Life is not that easy.

If you tell me that this business can give me 10-18% on investment in 6 months, which will be twice a year. I can still believe it.

But promising someone 50% return on investment every month, in 12 months that means you will be raking in 600% return, and if you believe such, it typically means that, you as an individual is so greedy.

Run for your dear life from anybody that promises you such collosal amount of return on investment. Like I said, life is not that easy.

adenigga:
Source: https://punchng.com/efcc-arrests-ceo-for-n2bn-failed-investment-scheme

I don’t pity people who fall for such scams anymore! From MMM , MBA forex till date : there’s been dozens of scams and people keeping falling.At this point , it’s just pure greed! Such people never buy shares or bother to invest in genuine businesses as they are not patient grow their funds! They are looking for heavy returns over a short period.They deserve the scams they fall into.

Please free the guy jor. People and greed. With all that has been happening and they have been hearing all sorts.

Please free the guy jor. People and greed. With all that has been happening and they have been hearing all sorts. Still went ahead to do investment that will never return

Later u will see him with big car, and u will be thinking of your life

If you check very well, you'll discover he is an Obidient comrade...its is their stock in trade.

Ponzi after Ponzi after Ponzi, yet, Nigerians will never learn!!

You go dey give Ebow man money make E invest for you 🤣🤣🤣🤣🤣🤣

LagosOrigin:
But girl friend dey scam you with promise of free tohtoh

Don't deny it because even Samson and wise king Solomon fell for it.

Lol, I am engaged and it's not a scam, we're both supportive towards each other.

Suku Suku and crimes

Not enough original content

OnionBandit:
You go dey give Ebow man money make E invest for you 🤣🤣🤣🤣🤣🤣

LOL ,Hmmmmmm..A word is enough for the wise.Shine your eye because once your fund is swallowed it cannot be vomited.That is why it is called Swallow AKA KALUKALU

Nigerians don't ever learn. Na wa o!

The next person should...

These people come up with various investment schemes and people fall for it.

Please, do not ever invest in a business you do not understand. I attend crypto and sundry start-ups. Many of them are buzzwords for gambling. The problem is that the gamblers prefer to use your money and not theirs/. Have you every seen a casino owner on the poker table placing bets? They use your own money against you.

Once you start hearing invest and get 50% return on your investment within two weeks, you are the job.

The desperation is strong.

If you have money and you need returns, approach Igbo businessmen or market women who want to scale up. Give them money and tell them to return the capital with 5% interest. Reinvest the capital and interest in their business and ask for your 5%. That is how you help them and yourself. Many of them need this.

Please show his picture
We just want to identify him incase he bribes his way out of EFCC.
Yahaya Bello is still walking around freely despite all the wanted hoot from EFCC

How most Nigerians keep falling for all these scams really amazes me l swear. Legit experienced hustlers like me will be here looking for a serious lnvestor with like 3 Mili to invest in a very legit lucrative physical business idea, that will steadily grow with time, but the ones with that kind capital will always run to those scammers, who promise them fake quick returns on investment. Let them continue.

Finally them do clamp Gavice logistics ceo (Tochukwu) . After the flamboyant wedding I knew it would all come crashing down. For a business man he was too lavish especially at a time his business was beginning to fail.
Him even gift him wife new car on wedding day, I hope Enviable is learning cos it was Gavice trying so hard to compete with enviable that caused this problem. Enviable buy trucks for haulage Gavice run go buy trucks too.

But did Tochukwu really abscond. He was still using the criminal police force for security to dissuade unlucky investors fr harassing him

''Tochukwu absconded with the money in November 2024 before being tracked down and arrested''

Why should you run away, why?

Kingdavid579:
Nigerians get mind Sha, person no fit scam scam for money wey I hustle for o.

ask people wey don see Money, nobody is truely safe no matter how careful you think you are you can still be scammed, just pray you will be lucky, no beat Ur chest say e no go ever happen

Hol' am well! Heartless people dispossessing the hardworking innocent and naive people of their money.

What is this country turning into.
May God almighty continue to help us