The Nigeria Safety and Civil Defence Corps, NSCDC, Kwara State Command, has arrested two individuals considering other offences of alleged N78.4 million PXES funding fraud and a cult-related case.
ASC Ayoola Michael Shola, Command’s Public Members of the family Officer, Kwara State Command, mentioned operatives additionally recovered a in the community fabricated pistol and cell phones in one of the most arrests.
Consistent with the remark, a suspected fraudster, 33-year-old Onwucheku Odum Umeh, used to be considering alleged funding fraud involving the PXES funding platform.
It mentioned the suspect used to be apprehended at about 12 midday at the fifteenth of October 2026 in Ikeja, Lagos State, via operatives of the Command’s Monitoring Unit following investigative and intelligence-gathering efforts.
“The grievance bordered on alleged dishonest, fraudulent actions and acquiring cash beneath false pretences,” it mentioned.
Initial investigations point out that six traders reportedly dedicated a blended sum of N78,360,709 (Seventy-8 Million, 3 Hundred and Sixty Thousand, Seven Hundred and 9 Naira) to the platform.
Additional investigative findings reportedly traced the account into which the traders paid their budget to the suspect. The investigation additionally established a reported hyperlink between the PXES platform and Ragekay International Funding Restricted, with a considerable portion of the traders’ budget reportedly traced to the corporate’s account.
The Command advised participants of the general public who invested in PXES and consider they have got suffered monetary losses to return ahead with related documentary proof, together with financial institution switch receipts, transaction information, fee confirmations and communications with the platform. Such knowledge will lend a hand investigators in corroborating proceedings, figuring out affected individuals and advancing the continuing investigation.
In a separate operation, the Command apprehended Oluwafemi Olarewaju, 29, in reference to a suspected cult-related conflict in Ilorin, Kwara State.
Initial findings point out that the suspect allegedly went to retaliate following the conflict, whilst different individuals suspected of involvement reportedly fled the scene.
A in the community fabricated pistol and cell phones had been recovered for the duration of the investigation.
The Kwara State Commandant of the NSCDC, Abbas Ndah Mohammed, reaffirmed the Command’s get to the bottom of to maintain proactive, intelligence-led operations towards felony actions and enhance efforts to safeguard citizens around the state.
He advised participants of the general public to make stronger safety operations via offering well timed, credible and actionable knowledge, stressing that public cooperation stays crucial to crime prevention and efficient regulation enforcement.
The Commandant confident the general public that investigations into each instances are ongoing and that suitable felony motion will practice because the investigations development.