A new wave of fraud perpetuated by criminal elements has hit the nation as we enter the end of the year with market women and traders losing millions to fraudulent “finance house”
Disguised as loans and fiance houses, Ekiti state was the first victims where Atlas Initiative Scheme according to Pegasus Reporters investigation duped by unsuspecting trader and borrowers of over 5million. Our correspondent reports found that petty traders and market women were hoodwinked into believing that they would be charged 10% of whatever amount loaned. The illustration video shows the agony of the duped traders as they visited the office of the Atlas Initiative Scheme only to find the place under lock and key on the day they were asked to come for their payment.
In a related incident, seemingly connected with the Ekiti saga a Lagos group Damsoul Finance Empowerment, suspected to be the same group that defrauded in Ekiti State today, Wednesday 16th of December, reportedly duped traders and market women of about N10million in similar circumstances.
According to one of the traders identified as “Iron Lady” who lost N60,000 to the dupes, “they asked us to form cooperatives and pool our finances together. In my group we were able to raise about N2million and when we met them on Tuesday, they informed us that payment will commence on Friday. We were surprised when one of our members raised the alarm this morning that the office has been deserted. When we got there, we met other groups who had already forcibly opened the door to when the discovered that only chairs and tables were left” She said weeping.
Another woman who also spoke on condition of anonymity told our correspondent that she loaned a sum of N100,000 to top the N350,000 she lost to the fraudsters.
“Abeg, una go help me for this matter ooo, please” she cried out to no one in particular.
“How I go borrow money to borrow another money and dem go do us like this? Government supposed to find these people arrest dem to get us our money because dem go still go another state go do am oo”
A check on the office of Damsoul Finance Empowerment in Iju-Ishaga by Pegasus Reporters discovered that the office was attacked by angry traders even as the land lord of the premises was said to be unavailable to speak with us
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