The Nigeria Police Force has declared, Victoria Yemisi Imasi, CEO of Yellowpoint Group wanted for fraud and obtaining money by false pretense

The publication shows that the 46-year-old is wanted for fraud, obtaining money under false pretense, and stealing in Lagos by the assistant inspector general of the police Criminal Investigation Department, (FCID) Alagbon, Ikoyi – Lagos.

Sketchy operations: The development followed a petition by Chive GPS, a dispute resolution company that provides debt recovery solutions on issues bothering on obtaining money by false pretense and fraud against Imasi.

The debt recovery company had laid a criminal complaint, dated 16th July 2021, of a well-orchestrated theft by Imasi following an advert by her company, Yellow Point Media Enterprise, and Yellow Point FT International Ltd on social media channels.

One of the affected victims suffered a N47.73 million loss after transferring the money to different accounts operated by Imasi’s company with the intention of investing genuinely in the various investment packages in exchange for a fixed return.

The amount owed to subscribers: While the exact amount owed to all subscribers is unknown yet, reports indicate that the amount owed may sum up to billions of Naira.

On a platform, victims claim that over N10 billion was deceitfully and fraudulently collected from over 6000 Nigerians with the intention of trading forex.

The petition signed by 689 users as of press time accuses Yemisi of diverting the money to fund her lavish lifestyle and buying properties.

In a special bulletin, the police said the decision to put the 46-year old media professional on its wanted list followed a warrant of arrest issued by a Lagos State Magistrate Court.

It is, however, not clear whether there is any reward for anybody with useful information on the whereabouts of the suspect.

FIJ learnt that Imasi had been accused of defrauding over 6000 Nigerians of over N10 billion following social media adverts by Yellow Point Media Enterprise and Yellow Point FT International Ltd., the investment companies owned by her, in 2021.

According to Nairametrics, the fraudulent activities of Imasi, through her companies, led Chive GPS, a debt recovery organisation, to put up a criminal complaint dated July 16, 2021.

As of the time of filing this report, a public interest petition against Imasi had received 691 signatures.

Recounting his family’s loss to the forex investment scheme floated by Imasi, one Joseph Boniface, in a comment under the petition, claimed that his family lost over N30 million.

FIJ gathered that the investment companies are located at 17 Iyalla Street, behind Shoprite, Alausa, Ikeja.