A student of the Federal University of Agriculture, Abeokuta (FUNAAB) has duped his colleague, professors, lecturers of six billion naira in a forex scam gone wrong.

Mr. Nwabuba Victor Ifeanyi of Vickson enterprise, runs a forex investment scheme that attracts investors to receive 20% of their money back after 2-weeks of investing.

The scheme has been running for about 3-months now and he has been paying out, but late yesterday it was discovered that he had plans of running away with investors’ money, which summed up to 6 billion Naira.

The news was gathered by adekkatv correspondence in Abeokuta, the Ogun State capital that, professors, lecturers, students and some outsiders got involved in this scheme.

To cut the story short, in Federal University of Agriculture Abeokuta, someone disguised a Ponzi scheme as a ”Forex investment business” and scammed everyone to the tune of 6 billion naira.

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