The Canadian government are on the look out for one Nigerian Adebayo Samuel for defrauding Hundreds of Nigerians in Canada for over N2 billion in Forex Trading.
His customer woke up to the realisation that they have been scammed on an eCommerce website, OBA Global.
The website crashed in the morning of Wednesday as users could not access the website or their funds.
OBA Global is not a money doubling platform like MMM and others similar to it, OBA Global comes off as believable because users are designated to carry out tasks on a daily basis.
The WhatsApp administrators of the scam quickly left WhatsApp groups where they were stationed to convince people that the scam was real. The inundated the groups with evidence of making money and how their lives have changed.
Investors are expected to publish products from e-sellers on multiple platforms starting with Tokopedia in Level One and Amazon in Level Four.
To sign up on the OBA platform, you need a referral code and a minimum of $500. In level one, you will be given 20 tasks a day, and based on each task you will be paid as little at 90 CAD cents.
If you can grow your revenue to between $2,000-$10,000 (CAD) and have at least three persons to sign up using your referral code, then you climb up to level 2.
To attain Level 3, users were required to have at least 10 invitees and between $5,000-$20,000 while to reach the highest level, which is four, you are required to have 20 invitees and a minimum balance of $20,000.
The tasks for the levels also differed. Level 1 users had 20 tasks to complete on a daily basis while Level 2, 3 and 4 had 25, 30 and 40 tasks to complete on daily basis.
OBA Global communicated with new users via a designated WhatsApp group. Each WhatsApp group was labeled Global E-Commerce V. As at the time of swindling its users, OBA Global had at least five WhatsApp group with over 4,000 members that have registered, it was gathered.
A certain Samuel Adebayo, a Nigerian has been identified as the mastermind of the scam. He targeted citizens from his country and convinced them that he had been earning money off the platform for many years.
Reports had it Samuel Adebayo who is the Chief Executive Officer (CEO) of Oba Forex Global Trading, a foreign currency and investment company, has been involved in business of defrauding investors over years .
Samuel once launched an investment company in March 2019, with the goal of delivering quantifiable results to his clients based on a sound methodology and a solid experience.
He promised its investors a 25 percent returns, stating that integrity and transparency were his watchwords.
However, two years later, he has abandoned his sobering investors and no longer answers their calls. He was based in Jos, Plateau State then. He later sold off his properties and left the country.