A student of the Federal University of Agriculture Abeokuta (FUNAAB) has reportedly duped his fellow students, lecturers of 6billion naira in a forex scam.

Mr. Nwabuba Victor Ifeanyi of Vickson enterprise runs a forex investment scheme that attracts investors to receive 20% of their money back after 2weeks.

The scheme has been running for about 3months now, and he has been paying out, but late yesterday it was discovered he had plans of running away with investors’ money, which summed up to 6 billion Nigerian Naira, Daily Independent can authoritatively report.

Mouthpiece NGR gathered that not only his colleagues were involved in the scheme but lecturers and professors in the school.

A student who spoke to Mouthpiece NGR reporter said “Mr Nwabuba has not been able to pay his investors for the past 2 days which got everyone involved worried about the recent development”

It was gathered that middlemen in the scheme are currently in debt because he failed to deliver within the past few days.

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