This is to call the attention of the general public to fraudulent activities of an alleged fraudulent company (PENUEL MANAGEMENT) at 156, Ojo Igbede Road, llaje B/stop, Ajangbadi, Ojo Lagos.

This company hide under the guise of doing forex trading and have swindled unsuspected Nigerians of their hard earned money.

They introduce themselves as forex trader wooing people to invest in forex business by attracting them with mouthwatering offers of 125% of return of investment. However, they are "rubbing Peter to pay Paul".

A friend of mine is a victim.

When she introduce the of package of the company to me about six months ago, I resisted joining due to the mouthwatering offer and for the fact that you will have to get down line investors of sort similar to ponzi schemes.

Not until she called me last weekend that their Office is currently under lock and keys. Hence, she was afraid that they might have eloped.

Upon my personal investigation, I discovered that there website www.penuelmgt.com is not genuine as there is no office address or phone number on their "CONTACT US" link or any other place on the website.

Also, the account details (Acc name: Penuel Man, Acct No:0421184719, Gtbank) they give to unsuspected investors to pay into is an individual savings account and not a corporate/company account as they were meant to believe. But, the name on the account has been coined to be similar to the name of the company.

Note that up till now, no one have been able to reach any member of staff of the company and no information is yet to be passed across to their stranded investors.

Kindly help to give this the widest publicity it deserve in other to get to the law enforcement agency for onward investigation.

This company has allegedly swindled millions of Naira...

My God!!! I actually know their office and have made inquiry on behalf of someone who wanted to work with them based on their advertised job vacancy.

Pass the info to the victims.