The Economic and Financial Crimes Commission (EFCC) in Uyo has arrested the director of Stewardship Rural Investment Limited, Stacy-Dan Ekpenyong, otherwise known as Daniel Ekpenyong for allegedly obtaining the sum of ₦11.5m by false pretence.
In a press statement obtained by TOS News from the agency’s website, the arrest was made on Friday, May 14, 2021.
Ekpenyong was arrested at Keystone Bank, University of Uyo branch, Akwa Ibom State, following a petition by one Titilayo Bolos Malgwi who alleged that the 36-year-old suspect tricked her into investing in his Micro Finance Company.
She claimed that she paid the sum of ₦11m into the suspect’s company account, after he convinced her that, she will get 10% interest on any amount invested after a period of three months.
When it was time for her to start reaping from her investment, the suspect severed communication with her and efforts made to get her money back has been futile.
The Commission said it had been on the trail of the suspect since December 18, 2020, when it first received a petition against him from one Amasi Ignatus whom the suspect allegedly defrauded of the sum of ₦500, 000.00, through the same scheme.
EFCC added that Ekpenyong has made useful statements and will be charged to court as soon as investigation is concluded.