Defrauded Ponzi scheme investors seek refund from fintech banks

In this follow-up investigation, IMOLEAYO OYEDEYI examines the stalled refund efforts of some of the over 4,000 Nigerians who lost their hard-earned money to the collapsed EMAAR Ponzi scheme. With nearly N3bn believed to have gone down the drain, the report interrogates how Ponzi operators continue to exploit weak regulatory...