Tension in Osogbo as vendor who sells 'cheap' food items disappears with customers’ money

Police step in as Osun residents lose money to food scheme

Osun residents have lost millions to a cheap food scheme called Global Food Initiative after its operators disappeared from their Osogbo office.

Osogbo residents lost millions of Naira in food Ponzi scheme

By Shina Abubakar, Osogbo There was panic in Osogbo, Osun State, on Monday after a food outlet allegedly operating an investment scheme shut its premises, leaving hundreds of customers worried about funds they had paid for food supplies. The outlet, Global Food Initiative, reportedly began operations in early August around the Odi-Olowo area of the […]

Tension in Osogbo as vendor who sells 'cheap' food items disappears with customers’ money

The business, located in the Odi-Olowo area of the Osun State capital, attracted residents with its low prices for food items including rice, cooking oil, spaghetti and semovita.

Tension In Osogbo As Food Scheme Operators Disappear After Collecting Millions

Tension gripped Osogbo, Osun State, on Monday after operators of a cheap food initiative, Global Food Initiative, reportedly disappeared, leaving residents who had paid...

Tension Mounts in Osogbo as Cheap Food Scheme Operators Disappear

Tension gripped Osogbo, the Osun State capital, on Monday after operators of a cheap food scheme known as Global Food Initiative reportedly disappeared, leaving residents who had paid various amounts for discounted food items worried about their money. Several customers were seen around the organisation’s office in Odi-Olowo, Osogbo, waiting for the operators to open […]

Osogbo Traders Protest After Heros Capital Food Ponzi Scheme Scam

Customers and traders gathered in shock at Odi Olowo in Osogbo this morning as the foodstuff store opposite the NEPA office stood empty after owners took pre-order cash for bargains. The Osogbo food store scam left hundreds demanding police recover their funds from the missing operators. Panic filled the air outside the locked building. People […] Source