The Kwara State Command of the Nigeria Safety and Civil Defence Corps (NSCDC), has arrested a suspect Onwucheku Odum Umeh,33, over an alleged N78.3m funding fraud.
The NSCDC disclosed that six buyers allegedly misplaced a mixed N78,360,709 to the suspected funding scheme operated during the PXES platform, which reportedly changed into inaccessible, leaving buyers not able to retrieve their price range.
The spokesperson of the state NSCDC, Ayoola Michael Shola showed the arrest of the suspected fraudster in a observation the day prior to this.
He stated Umeh was once arrested on October 15,2026 in Ikeja, Lagos State by way of operatives of the command’s Monitoring Unit following intelligence accumulating and investigations right into a grievance won on September 19, 2026.
Ayoola stated initial findings traced the account into which the buyers paid their cash to the suspect.
“Investigators additionally reportedly established a hyperlink between the PXES platform and Ragekay International Funding Restricted, with a considerable portion of the price range traced to the corporate’s account” , he added.
The command’s spokesperson stated the suspect known one Khadijat Mamma Yahaya as the one who presented him to the funding association, including that efforts have been ongoing to find her and resolve whether or not different folks have been concerned.
He instructed affected buyers to come back ahead with financial institution switch receipts, transaction data, fee confirmations and communications with the platform to help investigations and identify the overall scale of the alleged fraud.
In a separate operation, the command arrested Oluwafemi Olarewaju, 29, over a suspected cult-related conflict in Ilorin.
The command’s spokesperson stated initial findings indicated that Olarewaju allegedly went to retaliate following the conflict, whilst different suspected members reportedly fled the scene.
He stated a in the neighborhood fabricated pistol and cell phones have been recovered throughout the investigation.
The NSCDC stated investigations have been ongoing in each instances to determine the info and resolve the suitable prison motion in opposition to any person discovered culpable.
The state Commandant of the NSCDC, Abbas Ndah Mohammed, reaffirmed the command’s dedication to intelligence-led operations in opposition to legal actions and the security of lives and assets around the state.
He instructed citizens to offer well timed and credible data to safety businesses, stressing that public cooperation remained crucial to crime prevention and efficient legislation enforcement.
He additionally instructed contributors of the general public to ensure the credibility of funding operators ahead of committing their cash, in particular the place the legitimacy of a scheme may no longer be independently established.
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