The Economic and Financial Crimes Commission EFCC on Thursday, May 28 2021 announced the arrest of Omotade Sparks Amos Sewanu, who is the CEO and operator of the Inks Nation Dao Foundation.
The suspect who had been at large was arrested in Sokoto State and has since made useful statements.
About Omotade Sparks AKA Universal Daddy Inks
Mr Omotade-Sparks who hails from Badagry Lagos State was declared wanted by the EFCC in November 2020 after efforts to apprehend him failed. He is alleged to be the mastermind of a huge pyramid investment scheme through which many citizens were defrauded of monies to the tune of over Thirty-Two Million Naira.
Another Tori4Town: My Regret Now Is Starting Inksnation From Nigeria; Daddy Ink
He had floated a phony online digital currency called “Pinkoin” which lured many Nigerians to invest between One Thousand Naira to One Hundred Thousand Naira with a promise of unrealistic returns and went ahead to distribute a payment card called “Pinkard” to further confuse his victims.
Mr Omotade-Sparks equally made false claims that he was in partnership with the EFCC to persuade people to invest in his devious scheme.
The scammer was not licensed to operate a financial institution. He will be arraigned in court upon the conclusion of investigations.