The Economic and Financial Crimes Commission, EFCC,has arrested the duo of Garba Iliyasu and Umar Iliyasu who are alleged to be running a Ponzi Scheme in Kano under the name, MGB Global Market.

Their arrest was sequel to intelligence that the organisation had lured many citizens to 'invest' in the bogus scheme using irresistible promise of return on investment of up to 50 percent in two weeks as bait.

Upon receipt of the intelligence, the Commission stormed the office of MGB Global located at Sabo Bakin Zuwo Road, Opposite ConOil, Tarauni Local Government Area of Kano State and arrested Garba Iliyasu and Umar Iliyasu alongside 16 other employees of the outfit. The employees were subsequently released.

During the operation, laptops, desktops, POS machines, Tokens and other documents were recovered.

Investigation revealed that one Mohammed Garba Iliyasu who is now on the run is the Managing Director of the Company. Two of his brothers, Abubakar Garba Iliyasu and Ibrahim Garba Iliyasu who are also part of the scheme, are equally on the run.

On September 5, 2019, operatives of the Commission executed a search on the family house of the suspects in Hotoro Area of Kano State and made startling discovery of prohibited firearms, live ammunition and several other incriminating documents. .

One of the suspects is allegedly building a 6-bedroom duplex at the same Hotoro with funds which are believed to be proceeds of the Ponzi Scheme.

The Commission once again, warn the general public to desist from patronizing get rich schemes like MGB Global.

See more photos; http://gistmore.com/efccs-kano-office-arrests-ponzi-scheme-operators-recover-firearms-photos

See more photos here >> http://gistmore.com/efccs-kano-office-arrests-ponzi-scheme-operators-recover-firearms-photos

Yeye dey smell EFCC!

Why the hell did you not arrest those MMM criminals before you allowed Nigerians loose Billions?!

I still remember my 200L school fees!

How people could get scammed by northerners is a mystery to me..
As dumb as they are,if a northerner can scam you,then it means you are probably the dumbest creature on earth..

FamousMonk:
How people could get scammed by northerners is a mystery to me..
As dumb as they are,if a northerner can scam you,then it means you are probably the dumbest creature on earth..

But they've been scamming us since 1960. In fact one is still Scamming us as I speak.

Ok

Hmmmm

Mallams don dey wise up oo.

FamousMonk:
How people could get scammed by northerners is a mystery to me..
As dumb as they are,if a northerner can scam you,then it means you are probably the dumbest creature on earth..

d goro chewing bastards wont stop amazingme,incuding d dead vulture meat seller here

Shibaraba:

But they've been scamming us since 1960. In fact one is still Scamming us as I speak.

Haq Haq haq

i love that small pink glock

This one na full time ndi Ori

AbaseNigeria ngicela ususe inkohliso yakho ezweni elikude. uma ungeke ukwazi ukuhambisana nemithetho yethu yiya ezweni lakho le-boko Haram elihlukumezekile

Hausa don join for dis level sef?

Efcc again

FBI don give 'em assignment!

Shebi that governor said only southerners are criminals?

FamousMonk:
How people could get scammed by northerners is a mystery to me..
As dumb as they are,if a northerner can scam you,then it means you are probably the dumbest creature on earth..

lol
but it's easy oo
our people thinks hausa people are born with honesty hence we trust them easily
i have fallen a victim to a bedsheets seller that sold adaka in the price of enwe for me
chaiii I vex that day sha not because of the money i lost but because na abokii duped me

FamousMonk:
How people could get scammed by northerners is a mystery to me..
As dumb as they are,if a northerner can scam you,then it means you are probably the dumbest creature on earth..

You called Aboki dumb?That means you don’t know what’s up ..Na dem do the highest fraud for Nigeria but they don’t make noise unlike the southerners that makes crumps and starts shouting up and down.
All the Aza wey boys dey use for work ,who dey give them and how many of them efcc do. Arrest?
Abeg no be by bragging,As far as Nigeria is concern Carry cap for them.

Recession looms...

FamousMonk:
How people could get scammed by northerners is a mystery to me..
As dumb as they are,if a northerner can scam you,then it means you are probably the dumbest creature on earth..

Who is your president?

softwerk:


Yeye dey smell EFCC!

Why the hell did you not arrest those MMM criminals before you allowed Nigerians loose Billions?!

I still remember my 200L school fees!

My own na kopa alawee ℓ̊ take put inside mmm

See pink lady pocketi

omo see pump!!!

Good

See real LG

CuntMiner:
d goro chewing bastards wont stop amazingme,incuding d dead vulture meat seller here

What you are saying now is no different from what some South Africans think of you.

Use your brain if you have one.