August 4, 2025

unlawful collection of money

General

Lagos Court Convicts Two Firms for Illegally Collecting N80 Million from Investors

A Lagos court has recently convicted two companies for unlawfully collecting the sum of N80 million from unsuspecting investors within the state. The judgment follows an investigation that revealed these firms engaged in fraudulent schemes, misleading investors with false promises and operating without the necessary regulatory approvals. The court’s decision sends a strong message against

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