Wednesday, August 10, 2022


PHOTOS: Victims of ‘forex scam’ protest at EFCC headquarters

PHOTOS: Victims of ‘forex scam’ protest at EFCC headquarters
August 11
23:33 2021

Victims of an alleged forex scam, on Wednesday, staged a protest at the headquarters of the Economic and Financial Crimes Commission (EFCC), in Abuja.

The protest was against one Maxwell Odum, identified as the chief executive officer (CEO) of MBA Capital and Training Limited, over “unpaid dividends and capital”.

MBA Limited is said to have its headquarters at Port Harcourt, the Rivers capital.

Christian Agadaga, leader of the protesters, alleged that Odum absconded with over N100 billion from people all over the country.


“We are gathered today to seek the help of the EFCC chairman to help us track down Maxwell Odum and help retrieve all our money back and also for him to face the full wrath of the law. A lot of people are suffering from this unfortunate incident,” he said.

Rashidat, another victim, told TheCable that she invested N1 million to meet up with her family needs.

“I invested N1 million for myself and my children. I did that then so I could come up with their school needs and also cater for the house needs, but now I have been left with nothing and it has been difficult for me since then,” she narrated.


“A lot of families are affected with this unfortunate event, and I am still struggling to raise the money back.”

In recent years, Nigerians have been victims of various schemes of alleged fraud, ranging from MMM to Loom.

In April, Hamzat Bashar, a resident of Sokoto, was sentenced to 70 years in prison for defrauding several persons of a total of N29,865,000.

In another development, the EFCC, in May, arrested one Amos Omotade-Sparks, identified as the operator of ‘Inks Nation’, for allegedly defrauding people to the tune of N32 million.


Below are photos of victims at EFCC office in Abuja.







  1. walata
    walata August 12, 14:00

    Una no serious o.

    Reply to this comment
  2. Ekpedeme Joe Ukodim
    Ekpedeme Joe Ukodim August 12, 16:22

    Nigerians should be very careful with all forms of Ponzi schemes especially when they tell you to bring ₦100 and get ₦1000 in just a few days. Please if you want to invest seek advice from those who are knowledgeable in the given area. Protect your hard earned money from fraudsters.

    Reply to this comment
  3. Davos
    Davos August 12, 17:48


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  4. Eazy
    Eazy August 13, 00:26

    This is good. But the organizers should get everybody together. There are so many of us out there. The more protesters will make EFCC make move on MBA’s case. They are aware of what happened and they know how to get all the directors.

    Reply to this comment
  5. Xmai
    Xmai August 13, 07:58

    MBA Trading is purely a scam and one of the highest frauds of the century.

    Maxwell Odum have destroyed many people.
    I’m a victim. EFCC save us.

    Uptill now, Maxwell Odum and cohorts are just fabricating one story or the other. His second name is Deciet

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