Senate Warns Fraudulent Investors: ₦20m Fine, 10-Year Jail
By Ayomide Otitoju The Senate has issued a stern warning to promoters and operators of fraudulent investment schemes, stating that violators will face a fine of at least ₦20 million, a 10-year prison sentence, or both. Speaking in Abuja on Wednesday, Chairman of the Senate Committee on Capital Market, Senator Osita Izunaso, emphasized that the…