A former employee of Zenith Bank and CEO of Imagine Global Solutions LTD, Bamise Samson Ajetunmobi has been accused of absconding with N22bn belonging to investors.

According to social media reports by the victims, Bamise and his wife, Elizabeth Ajetunmobi who run the investment and lending firm reportedly went into hiding after squadering investors’ money.

The company, set up in 2017 by Bamise claimed to be running a micro lending service to small and medium businesses. The company also claimed to offer 22 per cent as interest on loans received and 10 per cent returns to investors.

His first customers were his former colleagues, he was able to convince his colleagues in the bank to trust him with their funds in lieu of a 10% monthly ROI payment.

According to Facebook User, Omo Eko Pataki, Bamise’s “first investors saw their money paid promptly on time, those investors helped the young alleged scammer to spread the word that there is a new king in town who is trustworthy and a breath of fresh air.”

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Pataki who mentioned knowing the alleged Ponzi scheme boss disclosed that after achieving an amount of success, Bamise began embezling his investors funds.

“As the investor’s money with him grew, to an excess of $50 million dollars at the last count, the young man knew he had to change his lifestyle to reflect his new status.

“He (Ajetunmobi) bought a duplex at Ned Okonkwo’s Victoria crest project in Lekki Lagos and paid cash up front, he is now a big boy so money is not a problem.The only problem is how to spend it.

“He also bought a house in UK and Dubai, to reflect his new status as a billionaire. To also reflect his status as a man of means, a man of Timbre and calibre, Bamise also bought a citizenship passport of Antigua and Barbuda for his wife, himself and his two kids.He paid over $50,000 to be able to do this.”

According to some reports, Piggyvest and The Elevation Church were among victims of the IGS LTD. However, both have denied such reports.

In a statement signed by the lead pastor of the Elevation Church, Godman Alabi said, “Our attention has been drawn to some online posts about an alleged investment by The Elevation Church (TEC) in Imagine Global Solutions’ (Imagine Lenders) investment scheme.

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“This information is totally false. The Elevation Church has no such investment, whatsoever.”

Piggyvest also issued a statement assuring its customers that they will never compromise their funds and they should disregard any unverified information.

“Our attention has been drawn to some rumours making rounds about Piggyvest. Please note that Piggyvest will never compromise the funds of any user in any way.

“All Piggyvest user funds remain safe and secure as always. No user fund has experienced any loss of any kind, nor will they experience anything of the kind,” they said.

Many of the victims who said that for months, they haven’t been able to reach both Ajetunmobis lamented on social media how they lost between low five figures to as high as N500 million.

Currently, a WhatsApp group has been created for those affected by the fraudulent scheme to pony resources towards recovering their investments. A Nairaland forum was also created by the investors.

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Moves are also underway to involve the EFCC and Interpol in locating the fraudulent couple.

They are alleged to own property in Dubai and the UK, as well as citizenship to Antigua and Barbuda alongside their two kids.

The couple have reportedly fled to London, where a branch of Imagine Global was incorporated in August 2019.

It is also alleged that Bamise and Elizabeth Ajetunmobi are on the run with the billions of Naira in investors’ funds, while efforts are being made by some persons to track them down in the United Kingdom where they are believed to be hiding.

According to a whistleblower, Elizabeth Ajetunmobi is allegedly one of the clique members of Naija brand chic and she runs a domestic staffing platform for hiring help.

“For the past couple of months, investors have neither seen their money nor heard from them,” the whistleblower stated.



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