The Uyo zonal office of the Economic and Financial Crimes Commission, (EFCC) has arraigned an alleged notorious ponzi scheme operator, Umanah Umanah.
Umanah was arraigned on Friday, October 16, 2020 on a two-count charge bordering on forgery, obtaining by false pretence, fraud and issuance of dud cheque before Justice Agatha Okeke of the Federal High Court sitting in Uyo, Akwa Ibom State.
The accused, a 62-year-old serial fraudster, who specialized in luring people to investing in his company, “No Burn Global Limited” with a false assurance of a bogus 50% weekly interest, was arrested by operatives of the Commissions on July 1, 2020, at a hotel located in Osongoma area of Uyo.
