Detectives are holding businessman who allegedly collected N7billion from 20,700 potential investors.
A document on the investigation said: “The suspect further claimed during interrogation by the EFCC operatives that he diversified into sand mining, Haulage business , transportation while hundreds of investors were still falling on themselves to part with their hard earned money as the stake on Return on Investment had been raised from 135 percent to 200 percent.
The document added: “He continued collecting money from investors until his investors rose to 20, 700. “Several investors interviewed explained that they invested between N2million to N20million in Galasy Company but were never carried along in the multimillion investments he diversified into. When the operatives confronted Dalori over the alleged fraudulent activities under his Galaxy scheme, the suspect said: “I have a mindset to be an entrepreneur and assist people and provide jobs since there are no white-collar jobs again. I started as a transporter with a tricycle at a Yarkasuwa Market Gwarimpa, Abuja and the Keke NAPEP later expanded to 50 tricycles.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Patience Jonathan: Court hears oral evidence in $8.4 million forfeiture suitEFCC had secured an interim order for forfeiture of the sums on April 20, 2018.
Source: PremiumTimesng - 🏆 3. / 78 Read more »
Shawn Mendes Says Rumours About His Sexuality Are 'Hurtful'Shawn Mendes is once again addressing the rumors about his sexuality.The 20-year-old singer recently opened up in a new interview with The Guardian You better clear the air on that to end the wrong assertion
Source: GuardianNigeria - 🏆 1. / 94 Read more »
Champions League highest goal scorers [See top 20] - Daily Post NigeriaSergio Aguero and Moussa Marega both failed to add to their goal tallies on Tuesday night, as the Champions League quarter-finals kicked off. Aguero missed
Source: DailyPostNGR - 🏆 11. / 59 Read more »
Police arrest 11 murder suspects, 20 others in C/River – Daily TrustThe police command in Cross River has arrested 11 murder suspects and 20 others for various crimes committed across the state. Mr Austin Agbolanhor, the Commissioner of Police, who paraded the suspects before journalists on Tuesday in Calabar, said the command was committed to contain all criminal elements in the state.ADVERTISEMENT He explained that the …
Source: Daily Trust - 🏆 13. / 51 Read more »
Lagos consumes 20 million eggs daily - The Nation NigeriaLagos Commissioner for Agriculture, Honourable Oluwatoyin Suarau said the state consumes 20 million eggs daily, one of the largest in the country. fried
Source: TheNationNews - 🏆 6. / 69 Read more »
20 feared killed in fresh Kaduna attackTHE BLOOD OF THESE PEOPLE BEING KILLED DAILY WILL SURELY SPEAK AGAINST AS MANY THAT ARE ENCOURAGING, SUPPORTING, INSTIGATING, FINANCING AND EXECUTING THIS EVIL ACT. THEY WILL ALL DIE PAINFUL DEATH!!! Lovely But why na What for the killings 😢🤦🏼♂️🤦🏼♂️🤦🏼♂️
Source: MobilePunch - 🏆 8. / 63 Read more »
20 Dead, Scores Injured As 'Men In Military Uniform' Invade Kaduna Community | Sahara Reporters20 Dead, Scores Injured As 'Men In Military Uniform' Invade Kaduna Community | Sahara Reporters “As they shot sporadically, some of us escaped into the bush. The attackers were in military uniforms and bullet-proof vests HQNigerianArmy AsoRock READ MORE: HQNigerianArmy AsoRock New series uploading.. HQNigerianArmy AsoRock why dis picture HQNigerianArmy AsoRock The picture is misleading... does that mean that headsmen were in minitry uniform?
Source: SaharaReporters - 🏆 9. / 63 Read more »
Breaking: Ambode inaugurates 20-man transition committeeLagos State Governor, Akinwunmi Ambode on Tuesday inaugurated a 20-man transition committee.The Secretary to the State Government, Mr. Tunji Bello...
Source: TheNationNews - 🏆 6. / 69 Read more »
Police arrest 11 murder suspects, 20 others in Cross RiverThe suspects were paraded before on Tuesday. Good job
Source: PremiumTimesng - 🏆 3. / 78 Read more »
Policemen arrested for killing 20-yr-old lady in Lagos - Vanguard NewsBarely two weeks after Kolade Johnson was reportedly murdered by Inspector Ogunyemi Olalekan at Onipetesi, Mangoro area of Lagos State, another trigger-happy policemen have shot dead a young lady, Adaobi Ojide Ifeanyi, while her boyfriend, Emmanuel Akomafuwa, is receiving treatment in an hospital from gunshot injury.
Source: vanguardngrnews - 🏆 5. / 75 Read more »
Nigerian breaks 100-year old record at Mysore varsity, bags 20 medals – Daily TrustA First Class Chemistry Graduate of the Usmanu Danfodiyo University, Sokoto, (UDUS), Stella Emelife Chinello, has broken a 100-year old record at the Mysore University,India, where she was decorated with 20 Gold Medals and five cash prize awards at the 99th Convocation Ceremony of the University. She emerged as the best graduating student, UDUS Vice … She is Igbo Biafran, stop claiming what you can't produce.
Source: Daily Trust - 🏆 13. / 51 Read more »