As many investors' money parted with them without coming back due to the packaged Ponzi scheme by Chinmark group, a lady has summoned the CEO of Chinmark investment company, Chinedu Ijiomah before an Aguleri shrine for allegedly eloping with her N4m.
Chinmark who is popularly known as “Red King” is alleged to have eloped with over N10bn from over 4,000 investors who invested in his different investment platforms
The man who has become a trending topic on Facebook had claimed that he’s been unable to pay investors their money because the SEC froze his account, but this has been countered by many who alleged that what’s in the account can’t pay his top three investors and there are steps to be taken for the account to be unfrozen.
The lady who summoned Chinedu to the shrine is demanding her money.
A man was heard saying in the background that if Chinmark fails to appear before the shrine, whatever the lady proclaims will come upon the investment company’s CEO and his family
Meanwhile, one of the staff of the failed investment group has said the money seized by the financial regulator in the country cannot pay the top three investors in the scheme, and the group has been using the flagged account to appease her teeming investors. With this revelation, it is now evident that Chinmark wouldn't be able to pay her investors, and it is all Ponzi.
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