Possibility Specialists Ponzi Scheme Boss, Abraham In Police Net For Swindling Customer N39m

Posted on September 10, 2021

MICHAEL AKINOLA

The fears expressed by some investors that any ponzi scheme like company may be another scam waiting to happen, may have been confirmed following the arrest of the Chief Executive Officer, Possibility Specialist Global Resources, Egona Abraham, popularly known as Father Abraham, for allegedly swindling a woman, Eneanza Amala, to the tune of N39m under the scheme. 

P.M.EXPRESS reports that Police operatives at State Intelligence Bureau (SIB) have arrested Father Abraham, alongside his personal assistant, Violet Buzuabe, for fraud. 

The duo reportedly conspired and obtained the money from the victim under the false pretence of investing in the company with an undisclosed profit accurring to her.

However, it turned out to be a scam at the end of the day, after she waited to have returns on her invested money to no avail.

She then requested for the intitial money so that she can move on with her life and at that point, they started dribbling her and failed to give her the money.

The matter was reported to the Police, who investigated Father Abraham and his assistant, Violet and found them culpable for the alleged fraud.

They were subsequently charged before the Ogba Magistrates Court for conspiracy, obtaining under false pretence and stealing. 

The Police alleged that Father Abraham had obtained the money through his two bank accounts at GTBANK and Union Bank and defrauded the victim, an offence which attracts several years of imprisonment if he is tried and found guilty before the Court.

They pleaded not guilty.

The prosecutor, Inspector Lucky Ihiehie, asked the Court to give a date for hearing to enable the Police to prove that the defendants actually committed the alleged offence since they pleaded not guilty before Court.

The Presiding Magistrate, Mrs. O.A. Layinka, granted them bail in the sum of N5m each with two sureties in like sum. The Court ordered that the sureties must show evidence of means of livelihood and proof of payment of taxes.

They were remanded in custody pending when they will perfect their bail conditions while the matter was adjourned till 20th December, 2021, for mention.

8 responses to “Possibility Specialists Ponzi Scheme Boss, Abraham In Police Net For Swindling Customer N39m”

  1. Christy says:

    All this information of Psl defrauding this lady are all lies,rather this same lady has gained alot from this platform but as they say,when man plans fails,his real enemy surfaces…

  2. king byron says:

    Rev Fr Abraham Egona has not paid so many people their dividend since 2020. .why? I made payment since 8th February 2020 till date I have not been refunded the capital nor paid dividend as promised my him ( Fr Abraham.). Who ever knows him should tell him to refund my money…

  3. Oresho says:

    They are now paying their clients gradually. PSL is not dead and not fraudsters. It’s due to the issues they are having but still yet some clients are getting back their capitals gradually. Best of the day.

  4. Falana says:

    I also fall into the victim of father Abraham . Since 15th February 2021 l entered the ponzi scheme only paid once . Pls ooo l need my money

  5. David says:

    Am also a victim of possibility specialist scam. All the promised they made to refund donors/ investors money fell flat.

  6. Adebobo says:

    Father Abraham is a scam and thief. Using Gods name to defraud people. Please stay away from such company.They deleted me when i called them a scam and made away with my money.

  7. Faith Adams says:

    PSL is a scam and nothing more. I invested 3.5million and after a month of being paid 10% interest, I was told something was wrong with the company account. It is 3yrs now and PSL are not paying back my 3.5m. I got in touch and the man threatened to block me from the platform. And he said, to get my money back, I should investment another money for a ROI of 25% monthly basis for 5months and that’s when my refund could be considered.

  8. Faith Adams says:

    If you a victim, pls add me on whatsapp and we really need to stop this man from operating. He is still into this business and still scamming people. 08162626070

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