Investors in a new Ponzi Scheme called “MONDELEX” got the shock of their lives on Thursday when they returned to the office to collect return on their investments, and found no one in the apartment.
The MONDELEX office around the Eliozu Flyover Axis of Portharcourt was found under lock and key when they arrived there.The telephone numbers of all the management team of the company also suddenly became unavailable.
THE WHISTLER gathered that MONDELEX had promised their investors 50% returns on their capital within two days of the investment.
The company was barely a week old in Portharcourt, Rivers State, but it had already gathered over two hundred investors, many of who invested more than two million naira each.
The company only received cash payments from investors, stressing that electronic transactions were restricted.
THE WHISTLER was told that most investors invested as high as 2.4 million naira while some were said to have put in about eight million naira.
Some of the aggrieved investors narrated their ordeal to THE WHISTLER. Jerry Noble said he invested N200,000 and was expecting to come and receive N300,000 when he found out he had been duped.
“On getting here yesterday, I observed everywhere was crowded, I assumed maybe it’s because of the crowd that’s why they locked their office. I tried calling one of their staff I paid my money to, but his lines were off.
“I returned here today to see that the landlord of the place is even evacuating things. When I approached him he told me that the people he gave his property on lease happen to be scammers.”
The landlord of the apartment, one Mr. Benjamin, who responded to journalists questions, said: “I am deeply worried as angry investors have waited here for hours since Wednesday without any staff showing up. Most of the angry and aggrieved investors broke into the office and carted away some of the office equipment.
“Myself, wife and daughter also lost N300k to the scheme as I was deceived by the company when they came to rent my facility.
“When the man came, he said they were running a promotion for a company in town. They brought pictures of refrigerators, fans and generators that people will win. I was highly convinced. I started getting worried when crowd started coming here.
“When the company’s official lines were sent to DSS and tracked, they discovered that the MD and his team were already in Kogi State”.