Nigeria Police Arrest 23 Foreign Nationals Over Alleged Ponzi Scheme, Visa Scam In Ogun

The Ogun State Police Command has held 23 foreign nationals over alleged involvement in a Ponzi scheme, visa scam and other immigration-related offences in Ota, Ogun State.

The suspects were arrested on August 4 by operatives of the Atan-Ota Division after the police received intelligence about suspected fraudulent activities at a residential building in the area.

According to a statement by the command’s spokesperson, DSP Oluseyi Babaseyi, the operatives arrived at the building at about 11am, secured the premises and arrested the suspects.

Babaseyi said the suspects were being investigated over alleged involvement in a Ponzi scheme, visa scam and other offences relating to immigration.

The police spokesperson said 21 of the suspects were handed over to the Nigeria Immigration Service on August 5 for further investigation and necessary action.

He said the remaining two suspects were retained by the police for possible prosecution over alleged obtaining by false pretence and other related offences.

The command said the investigation was ongoing to establish the circumstances surrounding the alleged fraudulent activities and determine whether other persons were involved.

The arrests followed intelligence received by the police concerning activities suspected to be fraudulent at the residential building in the Atan-Ota area.

Babaseyi said, “On 4th August, 2026, at about 1100hrs, acting on credible intelligence, operatives of the Atan-Ota Division raided a gated residential building within an estate off Iyana Iyesi, Onipanu-Ota, where 23 foreign nationals were arrested in connection with an alleged Ponzi scheme/visa scam and other immigration-related offences.

“The operation followed intelligence received by the police concerning suspected fraudulent activities at the location.

“Police personnel promptly mobilised, secured the premises and arrested the suspects for further investigation.”

The Nigeria Immigration Service is expected to handle the immigration-related aspects of the case involving the 21 suspects transferred to its custody, while the police continue their investigation into the allegations against the remaining two suspects.(SaharaReporters)