Policemen in Calabar, Cross River State, have early this week arrested a female Swiss Gold Ponzi scheme operator, believed to be in possession of more than N1 billion, collected from blind investor, as she attempted to cross into neighbouring Cameroun in the hope of absconding, www.calitown.com can reveal.
The lady, Lizzy Efa, who operated her Ponzi scheme under the name, Golden Achievers, www.calitown.com gathered, has before attempting to flee, been under serious pressure to pay back investors funds after it became clear that she could not meet up with the payment agreement.
“When it became clear that they were payment issues, we went to her house to confront her. Shortly after that, she withdrew her children from school here in Calabar and relocated them to Abuja, preparatory to taking her family out of the country. Using the police at Zone 6, Calabar, she was arrested more than a month ago but was released after we had reached an agreement before the Assistant Inspector General of Police, AIG, in charge of the zone”, David Nsemo, one investor told www.calitown.com.
Continuing, Nsemo maintains that, “we even went to her father, who is the Dean of Graduate School, University of Calabar, appealing to him that he should tell his daughter to give us back our money but that too did not work, so we had to work at monitoring her on our own.”
Unknown to Efah that she was under a 24-hour watch, she made her getaway move late into the night but was trailed to Ikang, a Nigerian border town and apprehended around 1am, as she attempted to cross to Cameroun.
Her arrest is causing a stir in Calabar as several depositors have besieged the Zone 6 headquarters of the Nigeria Police, pleading that the lady be denied bail as she has glaringly made an attempt to flee the country with investor funds.
Lizzy Efah’s scam is coming hot on the heels of Michael Eke’s Micheno scam which gulped several billions of naira from unsuspecting and greedy Ponzi scheme investors. At press time, Efah was still in police custody awaiting prosecution.