The Federal Capital Territory, Abuja Command of the Nigerian Police has charged Ponzi scheme operator, Ovaioza Yunusa to a high court sitting in Abuja for fraud.
Ovaioza was charged with a 28-count charge bordering on fraud, illegal financial dealings, obtaining by false pretence and other related investment scams.
The police accused her of defrauding the public to the tune of N10 billion.
Mrs Yunusa, the founder of Ovaioza Farm Produce Storage Business (OFPSB) was arrested with her husband, David on the 18th of April and taken to the Lugbe Police Station.
She was later transferred to the criminal investigation department of the police after victims of the scheme surrounded the Lugbe police station.
Police feared that the mob may attempt to lynch her. She has been in detention since then.
There is no date set yet for her first court appearance.
