Chinmark Investment Scheme Crashes: Investors Loses Over N10b

Great Loss For Investors!!!!

Investors Loses over N10b As Chinmark Investment Scheme Crashes woefully.
The CEO of Chinmark, Marksman Ijiomah has Absconded To Dubai.

The grieving Investors in Chinmark Group have called for the immediate arrest of the founder, Marksman Chinedu Ijiomah, the brand ambassador Amanda Chisom who influenced and lured a huge number of investors into the scheme and other principal officers of the failed investment firm.

The drama started on December 2021, when the company was unable to pay a Return On Investment (ROI) to their large number of investors, prompting calls for the arrest of the operators.

According to financial experts, investors stand to lose over N10 billion in the purported investment, which they describe as a ponzi scheme just like MMM.

Moreover, Ijiomah is alleged to have restructured ownership of physical assets belonging to the company, removing both his name and that of his wife as directors.

For instance, a CAC check of Chinmark’s groups, revealed that Mr Ijiomah had changed the name of the hotel in Enugu from Chinmark Suites to Bridge Suites.

He went further to remove his name and his wife’s from the hotel’s board of directors and replaced them with different persons.

A lawyer, Collins Ogonnaya Arikor, emphasised that, because of the restructuring, investors will be unable to attack the hotel in order to recover their investment if they do not receive payment, because the current fact presupposes that Marksman Ijiomah does not own the hotel.

“So while people are busy thinking there is an asset on ground – the hotel, there’s basically nothing.

The big question here is
Will Nigerians ever learn.

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