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Business | Frauds & Scandals

Ponzi: Court Sets March 16 2023 for Trial of Vektr Capital & 2 Others

Feb 14, 2023   •   by   •   Source: SEC Nigeria   •   eye-icon 224 views

Justice Zainab Abubakar of the Federal High Court, Court 4, Abuja has set March 16, 2023 for the commencement of trial of Vektr Capital Global Group along with two staff of the company, Mr. Solomon Edet Solomon and Mr. Zakari Haruna for allegedly operating as fund managers without registration by the Securities and Exchange Commission among others.


The SEC had in March 2022 sealed up the Wuse Zone 5 office of Vektr Capital on suspicions of illegally collecting money from the investing public to the tune of N891,000,000 while not registered with the Commission.

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