Traders at Lafenwa market in Abeokuta Ogun State are crying for help after a Ponzi scheme company allegedly disappeared with their money.
According to the victims, a company called Perennial Global Services Limited allegedly approached them on the pretext of helping them manage and doubling their funds if traders invested in them.
One of the victims said: “They came to us posing as a finance company and promised to give us a loan to expand our business. We were asked to form groups with at least 10 people in each group. We were asked to donate N26,000 each.
Before we gave them our money, we visited their office to verify and ascertain if they were sc@mmers or not. We saw that they had a standard office and we proceeded with the contributions.