Wonder Bank Operators Bolt With Depositors’ N25m


Unidentified operators of a wonder bank in the Ile Epo area of Agbado-Oke Odo area of Lagos State have allegedly absconded after defrauding unsuspecting depositors of over N25 million.

Distraught depositors claimed the fraudsters who disguised as investment bankers collected money from them with the promise of paying huge profits only to renege on his promises.

It was said that the victims were initially given foodstuff including bags of rice and vegetable oil after they deposited their money with the ‘bank’ tucked inside Adeleke shopping mall at Alirat Junction.

The fraudsters were said to have bolted without a trace few days to the payment of huge profits they promised their customers.

The Nation learnt that clerical assistants at the ‘wonder bank’ were almost lynched by angry depositors who stormed the firm’s office last week.

Sources told The Nation that some of the angry customers took away furniture and other items they sighted at the office of the illegal finance firm.

One of the victims, identified simply as Adewale said he was promised a mouth-watering profit on a sum of 50, 000 he deposited, only for the firm’s operators to abscond without a trace.

‘’I was approached by one of the management staff of the firm who told me that I could get as huge as N150,000 on N50,000 deposit.

‘’Initially, I was given a bag of rice and vegetable oil after I deposited N50,000. I was shocked when my account was not credited with the profit promised few weeks later.

‘’I came here today and met other complainants who told me they had been coming here for some days now to collect their money only to be told the people in charge of the company had fled while the office remained shut.’’


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