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EFCC arrests company official over alleged N11.5 million investment fraud
A petitioner told EFCC that she paid N11million into the suspect’s company account, after he convinced her that she would get 10 per cent interest on any amount invested after a period of three months.
The Economic and Financial Crimes Commission (EFCC) has arrested Stacy-Dan Ekpenyong, the managing director of Stewardship Rural Investment Limited, for allegedly obtaining the sum of N11.5million by false pretence.
A statement by EFCC’s spokesperson, Wilson Uwujaren, Monday, said that Mr Ekpenyong, also known as Daniel Ekpenyong, was arrested by operatives of the Uyo Zonal Office of the commission on Friday.