A forex trading and cryptocurrency trading company, Headway Trade Patterns Limited has defrauded unsuspecting Nigerians of billions of naira invested for financial returns.
A staff member of the company, Mr Babatunde Akinkurolere, disclosed this to SaharaReporters on Monday.
He said four management members of staff have disappeared into thin air, locking their offices and leaving investors in shock.
They said they are a Forex Trading and Cryptocurrency Trading investment registered company.
They said they have been existing for over 13 years with their Head Office at Ladipo Street, Mushin, Lagos State, he said.
"It's an investment company and we financial advisors are going to bring in clients with a minimum investment of N50,000 to N999,999 to get 15% interest rate on their investment after ten working days, N1,000,000 to N9,999,999 to get 17.5% interest rate on their investment after ten working days, and if it's N10,000,000 and above, 20% on their investment but the capital stays with us for 3 months.
"The Police, the Department of State Services (DSS), and the Economic and Financial Crimes Commission (EFCC) are already on the case."
He said that four management staff have absconded with billions of naira of investors and staff funds.
"Mr Olawoyin Hakeem told us in a staff meeting some time ago that he would travel out of the country for his master's."
Speaking with SaharaReporters, one of the defrauded clients, said all the workers in the company, including Akinkurolere were responsible for swindling him.
All of them in that company are fraudsters. He is going to pay me every penny I lost to this company because he is the one that markets the product to me, he said.
"What Mr Babatunde said is true. "I have invested like four times and got returns until when I invested N1.3 million.
