The Sokoto Zonal Office of the Economic and Financial
Crimes Commission has arrested Omotade-Sparks Amos
Sewanu, operator of the Inks Nation Ponzi Scheme.
Authorities at the antigraft agency say the suspect who
had been at large was finally arrested on Thursday, May
27, 2021, and has made a useful statement.
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 had floated a phony online digital currency called
“Pinkoin” which lured many Nigerians to invest between
One Thousand Naira to One Hundred Thousand Naira with
a promise of unrealistic 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.