Many Abia State subscribers who made large investments in Garvice Logistics Limited, Umuahia, with a “50% Return on Investment,” or ROI, have requested assistance from the Economic and Financial Crimes Commission, or EFCC, in order to get their money back.
While expressing gratitude to the EFCC for apprehending the investment company’s promoter, the investors stated that their top priority was for the agency to retrieve their money that had been trapped by the tochukwu allegedly offered his subscribers a fifty percent return on their investment when he introduced investment opportunities in haulage, courier, and e-commerce services through Garvice Logistics Limited. This offer reportedly drew in a lot of investors, especially young people and students.
He allegedly made over N2 billion from roughly 400 investors in the final quarter of 2024, but he vanished with the money before the EFCC arrested him.
Some Abia residents responded to the development by pleading with the EFCC to go beyond simply arresting the company’s CEO and retrieve their money from him, claiming that they had not received their substantial capital or the promised interest.
company’s arrested CEO, Mr. Ahamba Tochukwu.
On Wednesday, the EFCC announced that Mr. Ahamba had been arrested for allegedly defrauding multiple investors out of N2,000,000,000 (two billion Naira only) through his logistics investment schemes.
Tochukwu allegedly offered his subscribers a fifty percent return on their investment when he introduced investment opportunities in haulage, courier, and e-commerce services through Garvice Logistics Limited. This offer reportedly drew in a lot of investors, especially young people and students.
He allegedly made over N2 billion from roughly 400 investors in the final quarter of 2024, but he vanished with the money before the EFCC arrested him.
Some Abia residents responded to the development by pleading with the EFCC to go beyond simply arresting the company’s CEO and retrieve their money from him, claiming that they had not received their substantial capital or the promised interest.
Mhiz Favy, Samy Tech, Ndubuisi Agbakoma Tobias, and Harrison Limo were among the locals who demanded an immediate recovery and return of the investors’ money.
“His arrest is fine, but right now I need my hard-earned money,” Tobias said.
According to BASEMEDIA, many Nigerians have persisted in using various private business offers in spite of repeated warnings from the Central Bank of Nigeria and other pertinent financial authorities, often losing their money in the process.
About The Author
