The authorities of the Economic and Financial Crime Commission have finally apprehended the founder of Inksnation Pyramid scheme, Omotade-Sparks Amos Sewanu on Thursday, May 17, 2021, and has disclosed some useful information.
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Omotade-Sparks who hails from Badagry Lagos State was declared wanted by the EFCC in November 2020 after efforts to apprehend him failed. He is the alleged mastermind of a huge pyramid investment scheme through which many citizens were defrauded of monies to the tune of over Thirty-Two Million Naira.
He initiated an online digital currency called “Pinkoin” which lured many Nigerians to invest between One Thousand Naira to One Hundred Thousand Naira with a too good to be true returns and went ahead to distribute a payment card called “Pink Card” to further confuse his victims.
Omotade-Sparks equally made false claims that he was in partnership with the EFCC to persuade people to invest in his devious scheme.
The scammer was not licensed to operate a financial institution. He will be arraigned in court at the conclusion of the investigation.
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