Entertainment

Video of Amanda Chisom being arrested over alleged participation in N50bn Ponzi scheme surfaces

Blogger and media personality, Amanda Chisom has been arrested over her alleged participation in a N50bn Ponzi scheme.

A Ponzi scheme is an investment scam that involves the payment of purported returns to existing investors from funds contributed by new investors.

According to reports making rounds, the Chinmark group influencer is currently in FCID custody.

A video which went viral showed the moment she arrived the office of FCID in Abuja.

The alleged Ponzi scheme was carried out by Marksman Chinedu Ijeoma a.k.a Chinmark together with her.

Chukwudi Iwuchukwu, who disclosed the news revealed that she was picked up on Tuesday morning from her residence by a team of crack detectives after her arrival from her Ponzi sponsored foreign vacation trip.

He claimed that the bigger would be detailed for a long time based on court order.

He further revealed that Amanda had opened up on what she knew about the 50 billion stolen by Chinmark and herself from innocent retail investors.

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