21-year-old Dominic arrested for defrauding investors of N2bn

The Managing Director/Chief Executive Officer, Brisk Capital Limited, Joshua Dominic, has been arrested by operatives of the police Special Fraud Unit in Lagos State for allegedly defrauding over 500 investors of over N2bn. gathered that the 21-year-old Dominic was arrested following petitions to the unit by several investors and verified intelligence gathered on his activities, which were confirmed by banking records.

It was gathered that the 21-year-old was arrested following petitions to the unit by several investors and verified intelligence gathered on his activities, which were further confirmed by banking records.

According to the spokesman for the SFU, DSP Eyitayo Johnson, he said Dominic usually lured his victims on social media platforms such as Instagram, Facebook and Linkedin as well as via newspaper publications, claiming to be a financial investor, who manages funds for individuals and companies.

Johnson also stated that Dominic confessed to the crime, adding that the Commissioner of Police in charge of the SFU, Anderson Bankole, advised members of the public to be wary of investment/portfolio managers, who suspiciously promise them very high returns.