Full List: EFCC Warns Public About 58 Illegal Ponzi Scheme Operators


 In its ongoing efforts to cleanse Nigeria’s financial sector and protect the public from fraudulent investment schemes, the Economic and Financial Crimes Commission (EFCC) has issued a warning about 58 companies operating illegally as investment entities. 


These companies are accused of defrauding unsuspecting Nigerians of their hard-earned money through Ponzi schemes.


The EFCC revealed that none of the listed companies are registered with the Central Bank of Nigeria (CBN) or the Securities and Exchange Commission (SEC). Both regulatory bodies, in separate communications with the EFCC, confirmed that these entities are not authorized to operate in Nigeria.


The Commission has already taken legal action against many of these companies. So far, five have been convicted, another five have pleaded guilty and are awaiting review of facts, while the remaining cases are pending arraignment.


Below is the full list of the 58 illegal operators:


1. Wales Kingdom Capital  

2. Bethseida Group of Companies  

3. AQM Capital Limited  

4. Titan Multibusiness Investment Limited  

5. Brickwall Global Investment Limited  

6. Farmforte Limited & Agro Partnership Tech  

7. Green Eagles Agricbusiness Solution Limited  

8. Richfield Multiconcepts Limited  

9. Forte Asset Management Limited  

10. Biss Networks Nigeria Limited  

11. S Mobile Netzone Limited  

12. Pristine Mobile Network  

13. Letsfarm Integrated Services  

14. Bara Finance & Investment Limited  

15. Vicampro Farms Limited  

16. Brooks Network Limited  

17. Gas Station Supply Services Limited  

18. Brass & Books Limited  

19. Annexation Biz Concept  

20. Maitanbuwal Global Ventures  

21. Crowdyvest Limited  

22. Jadek Agro Connect Limited  

23. Adeeva Capital Limited  

24. Oxford International Group  

25. Oxford Gold Integrated  

26. Skapomah Global Limited  

27. MBA Trading & Capital Investment Limited  

28. TRJ Company Limited  

29. Farm4Me Agriculture Limited  

30. Quintessential Investment Company  

31. Adeprinz Global Enterprises  

32. Rockstar Establishment Limited  

33. SU.Global Investment  

34. Citi Trust Funding PLC  

35. Farm Buddy  

36. Eatrich 369 Farms & Food  

37. Globertrot Farmsponsors Nigeria Limited  

38. Farm Sponsors Limited  

39. Cititrust Credit Limited  

40. Farmfunded Agroservices Limited  

41. Adamakin Investment & Works Limited  

42. Cititrust Holding PLC  

43. Green Eagles Agribusiness Solutions Limited  

44. Chinmark Homes & Shelters Limited  

45. Emerald Farms & Consultant Limited  

46. Ovaioza Farm Produce Storage Limited  

47. Farm 360 & Agriculture Company  

48. Requid Technologies Limited  

49. West Agro Agriculture & Food Processing Limited  

50. NISL Ventures Limited & Estate of Laolu Martins  

51. XY Connect Investment Limited  

52. River Branch Unique Investment Limited  

53. Hallmark Capital Limited  

54. CJC Markets Limited  

55. Crowd One Investment  

56. Farmkart Foods Limited  

57. KD Likemind Stakeholders Limited  

58. Holibiz Finance Limited  

59. Ifeanyi Okpe Oil & Gas Services  

60. Servapps Nigeria Limited  

61. Barrick Gold Mining Company  

62. 360 Agric Partners Limited  


The EFCC has reiterated its commitment to vigilance and proactive monitoring of all entities operating within Nigeria’s economic space. The Commission aims to protect the public from predatory and fraudulent operators while leveraging its anti-corruption mandate to foster economic growth and stability.


The public is urged to exercise caution and verify the legitimacy of any investment opportunity before committing funds.