Busted! EFCC Arrests Ponzi Scheme Operator Who ‘Defrauded Nigerians Of N7 Billion’

According to a report by TheCable, the Economic and Financial Crimes Commission (EFCC) has arrested Babagana Dalori, chief executive officer of Galaxy Transportation and Construction Services Limited, for allegedly defrauding Nigerians through a ponzi scheme. The commission said 27,400 Nigerians lost N7 billion through fake promises of high returns on their investment in Dalori’s companies. […]

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