Ponzi Scheme: Umuahia Investors Beg EFCC to Recover Trapped Funds From Arrested Businessman

Ponzi scheme: Umuahia investors beg EFCC to recover trapped funds from arrested businessman

Many subscribers in Abia State, who invested huge money in a “50% Return on Investment”, ROI, in Garvice Logistics Limited, Umuahia, have appealed to the Economic and Financial Crimes Commission, EFCC, to help them in recovering their money. The investors, while thanking the EFCC for arresting the promoter of the investment company, said their major concern was for the EFCC to recover their trapped money from the arrested Chief Executive Officer…

EFCC Arrests Ahamba Tochukwu For ₦2 Billion Failed Investment Scheme

The Economic and Financial Crimes Commission has arrested the Chief Executive Officer of Gavice Logistics Limited, Ahamba Tochukwu, for allegedly defrauding investors of over N2bn through a failed logistics investment scheme.In a statement on Wednesday, the EFCC said Tochukwu, through his company, lured investors with promises of a 50 per cent return on investments in haulage, courier, and e-commerce services.According to the commission’s spokes…

EFCC Arrests Gavice Logistics CEO for Alleged N2bn Investment Fraud

The Economic and Financial Crimes Commission (EFCC) has apprehended Ahamba Tochukwu, Chief Executive Officer of Gavice Logistics Limited, for allegedly orchestrating a N2 billion investment scam that defrauded over 400 investors. The arrest, announced via an EFCC statement on X, follows a months-long manhunt after Tochukwu reportedly vanished with investors’ funds in November 2024.Tochukwu is accused of luring victims with promises of up to 50% …

EFCC Arrests Gavice Logistics CEO for Alleged N2 Billion Ponzi Scheme Fraud - Thepodiummedia

The Economic and Financial Crimes Commission (EFCC) has arrested Mr. Ahamba Tochukwu, Chief Executive Officer of Gavice Logistics Limited, over allegations of defrauding hundreds of investors through a Ponzi-style logistics investment scheme worth an estimated N2 billion. According to the EFCC, Tochukwu promoted Gavice Logistics as a diversified business spanning haulage, courier, and e-commerce services. “Operatives of the Economic and Financia…

EFCC arrests Gavice Logistics CEO for alleged N2 billion Ponzi scheme fraud

The Economic and Financial Crimes Commission (EFCC) has arrested Mr. Ahamba Tochukwu, Chief Executive Officer of Gavice Logistics Limited, over allegations of defrauding hundreds of investors through a Ponzi-style logistics investment scheme worth an estimated N2 billion. According to the EFCC, Tochukwu promoted Gavice Logistics as a diversified business spanning haulage, courier, and e-commerce services. […] The post EFCC arrests Gavice Logisti…

EFCC Nabs Fleeing Ponzi Operator who Defrauded Investors of N2Bn - Newsmakers

Femi Ashekun/ The Economic and Financial Crimes Commission (EFCC) has arrested Ahamba Tochukwu, Chief Executive Officer of Gavice Logistics Limited, over an alleged N2 billion Ponzi scheme. According to a statement by the EFCC spokesperson, Dele Oyewale, Tochukwu lured unsuspecting investors with promises of 50 percent returns through investment packages spanning haulage, courier, and e-commerce […] The post EFCC Nabs Fleeing Ponzi Operator who …