Crime & SecurityMoneyNewsFederal High Court Kano Convicts Ponzi Scheme Operator, Orders a N110m Refund to victims
The Federal High Court Kano has convicted one Maryam Abu Shinga on one-count amended charge of retention of proceeds of crime and ordered her to pay the sum of N110, 000,000 in restitution to victims. The convict was said to have lured her victims into a phony gold mining investment where she represented that the investor stands to earn 300% profit. She claimed that if an investor invests N500, 000, such investor could earn one...









