Justice Chukwuejekwu Aneke, remanded the Ponzi Scheme Operator, after he pleaded not guilty to 12 counts charge made against him by the men of Force Criminal Investigation Department Force CID Alagbon-Ikoyi, Lagos.A Federal High Court sitting in Lagos State has ordered the remand of Bamishe Ajetunmobi, a Ponzi Scheme Operator, who has been on the run since 2021, over alleged N7.5 billion fraud.
Animashaun told the court that the defendant and his wife had lured the fraud victims with 10 percent returns on investment , to commit the offences. He also told the court that the offences are contrary to section 383 of the Criminal Code Cap C38 Laws of the Federation of Nigeria 2004 and punishable under Section 390 of the same.
Animashaun, by oral application, urged the court to strike out the name of the defendant's wife from the charge, so that the defendant arraignment can go on.
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