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Mayowa Olukehinde Of Breach Menders Unreachable After Collecting ₦50 Million - Business - Nairaland 54523

Mayowa Olukehinde Of Breach Menders Unreachable After Collecting ₦50 Million (48671 Views)

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Adebeeyi: 8:10am On Nov 14, 2021
Tobiloba (not real name) and three of his co-workers invested over N1 million in Breach Menders Investment in January. But it became an investment gone bad shortly.

Mayowa Olukehinde, the Chief Executive Officer (CEO) of Breach Menders, had promised one of Tobiloba’s colleagues a future of financial abundance if they invested in his forex trading firm and benefited from its 20 percent returns.

After keying into the scheme, a colleague of Tobiloba informed him and three others who would invest a sum of N950,000. Tobiloba also invested N100,000.

In February, he expected his first payment of N20,000 but did not get anything.

“Olukehinde told us that we would get a 20 percent commission on our capital at the end of every month, but it shocked me when I did not get my money in February and March. He told us he had changed his mind on the monthly payment and would only pay at the end of the third month,” Tobiloba said.

PATIENCE, AND THEN FRUSTRATION



Tobiloba still chose to be patient after Olukehinde assured him he would be paid in April, but again, his patience did not bring him any good luck.
In July, Tobiloba’s patience ran out and he refused to listen to Olukehinde’s well-orchestrated lies. By perusing through the WhatsApp group he and other investors belonged in, he found that he had been fleeced.

“Most people in the group were also complaining. When I noticed this, I followed the group closely and saw that he had not paid anyone. But he would always claim he had paid some people and block anyone who used strong words,” Tobiloba told FIJ.

“At this point, I was determined to get my money back. But Olukehinde began to plead for more time. He said the money had gone with the wind as the forex market crashed. And even though he presented himself as the trader when we decided to invest, he told me he was not the main trader, but I didn’t care.”

Tobiloba and his colleagues tried their best to get Olukehinde to refund their money, but he would not. At some point he said his corporate was frozen by the Central Bank of Nigeria (CBN), and at another time he claimed to have sold his personal belongings to pay some investors.

Now, he is unreachable. “If you call him, he will hardly answer his call,” Tobiloba told FIJ. “And if you call him several times, he’d block you. His office at Agege is closed too.”

FIJ made several calls to Olukehinde, but his line was switched off. A text message sent to him was also not responded to.

Investors said Breach Menders swindled them out of N50 million. On his LinkedIn , Olukehinde says his law firm is Breach Menders Legal Practitioners.

https://fij.ng/article/mayowa-olukehinde-of-breach-menders-collected-n50m-from-investors-now-hes-unreachable/

3 Likes

Nackzy: 8:19am On Nov 14, 2021
This people should be sent to jail to chill forever

100 Likes 9 Shares

temitope27(m): 9:14am On Nov 14, 2021
But when you see this people on the street, you won't know they are Yahoo boys too

226 Likes 6 Shares

RichDad1(m): 9:14am On Nov 14, 2021
Another millions go down the drains. undecided undecided

43 Likes 3 Shares

Orlaoluwayimika(m): 9:14am On Nov 14, 2021
Una no go eva learn.

204 Likes 6 Shares

ipobarecriminals: 9:15am On Nov 14, 2021
sad I that year of MMM.I visited one Naval officer family in Lagos Mainland sad.I hardly Sidon Wen the wife they market MMM to me make I sad :I strongly rejected her sermon and thankfully,MMM crashed 1 month later.Gambling in whatever form is bad

15 Likes

Kobicove(m): 9:16am On Nov 14, 2021
The punishment for swindling people in Nigeria should be changed to death by firing squad!!!

36 Likes 2 Shares

Boogyman557: 9:16am On Nov 14, 2021
Holly Gram cool WTF MAN

5 Likes 1 Share

ledgelessons(m): 9:16am On Nov 14, 2021
Hmmm
franchasng: 9:16am On Nov 14, 2021
Nigeria is a fertile soil for Ponzi business. Maybe its time I launch mine and cash out like others before it becomes obsolete, and before my Burundi visa expires wink

126 Likes 5 Shares

sisisioge: 9:16am On Nov 14, 2021
I honestly dont know how they are able to convince their investors....hian!

24 Likes 2 Shares

DropsMic(m): 9:16am On Nov 14, 2021
....

Nigerians are so bleeping dumb, they'll believe anything. That's why crooks make it easily in this country of ours.
..

67 Likes 1 Share

NairalandAngel(m): 9:17am On Nov 14, 2021
That's the same way that bastard Azeez with Nairaland moniker, Mel... and Foods360 disappeared after collecting 8 million from investors in 2019 for financing a business transaction of Mel... Global Ventures. angry

For the attention of the general public the individual referenced above has gone on to form another company (360 Foods NG) and is going about soliciting for investment funds from unsuspecting of the public

55 Likes 6 Shares

houseontherock: 9:17am On Nov 14, 2021
Nackzy:
This people should be sent to jail to chill forever

Yes, along with the "investors"undecided

25 Likes

greenie77: 9:17am On Nov 14, 2021
Gone with the wind.

3 Likes

Lisaint(m): 9:17am On Nov 14, 2021
Lobatan

1 Like

wunmi590(m): 9:17am On Nov 14, 2021
tongue

These days, even to invest dey fear person

1 Like

lomprico(m): 9:18am On Nov 14, 2021
e be like sat na to start my own investment scheme. Nigerians are just too greedy n gullible.

32 Likes 2 Shares

DanseMacabre(m): 9:18am On Nov 14, 2021
Hmmm.


The point is that Nigerians are the most gullible set of people on earth.



If you wan hoodwink dem patapata just add 'Pastor Reverend Doctor Bishop Imam Sheikh Deacon Apostle' to your name; na dem go dey chase you with their money follow.

65 Likes 4 Shares

Golan007: 9:18am On Nov 14, 2021
grin

MMM 2.0.

5 Likes

Steve0979(m): 9:18am On Nov 14, 2021
Now tell btwn bet9ja n dis which one sure

2 Likes 1 Share

omoadeleye(m): 9:18am On Nov 14, 2021
Same format they all have...

And for the owner of Whales Kingdom Capital,

I pray that where he is right now, he will either be killed by a stray bullet or by a hit and run driver.

And his parents shall be in pains and sorrow, they shall no know peace.

Cause, they participated in the scheme, he used his parents to launder the money.

I wish guns were legally permitted to be used in Nigeria, if not, that Daniel Tobiloba would have been an history.


But all the same, i wish him nothing but bad luck in his endeavours.

31 Likes 5 Shares

wink2015(m): 9:19am On Nov 14, 2021
MMM that scam millions of Nigerian

Some Nigerian have still not learnt any lesson with ponzi scheme.

19 Likes 1 Share

Ofunaofu: 9:19am On Nov 14, 2021
It's a dog eat dog society we got here


Every one is all out to swindle

14 Likes

Trumann: 9:19am On Nov 14, 2021
Na wa
kayClt(f): 9:19am On Nov 14, 2021
When will piple learn not to trust people who wear glasses, speak plenty Grammer and wear senator outfits.

53 Likes 5 Shares

ssogundele(m): 9:19am On Nov 14, 2021
Nigerian with this quick ROI syndrome! 20% ROI on a monthly basis is a red flag to intelligent guys!

39 Likes 4 Shares

obumsway(m): 9:19am On Nov 14, 2021
Na so beningnant forte investment dey clear their so called investors eyes now ... Lool

9 Likes 1 Share

Think9ja(m): 9:19am On Nov 14, 2021
Following
okaforlazarus90(m): 9:19am On Nov 14, 2021
I give up on Nigerians

1 Like

john87(m): 9:20am On Nov 14, 2021
Who will deliver Nigeria

2 Likes

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