crime

EFCC Arrest Gavice Logistics CEO over N2bn Fraud Scandal

Published

1 year ago

September 3, 2025

EFCC arrest Gavice Logistics CEO, Ahamba Tochukwu, for defrauding investors of N2bn through fake logistics investment schemes

The EFCC arrest Gavice Logistics CEO, Ahamba Tochukwu, has sent shockwaves through Nigeria’s business community after investigators linked him to a massive N2 billion investment fraud.

Also read: EFCC Arrests 38 Suspected Internet Fraudsters in Lagos

Tochukwu, Chief Executive Officer of Gavice Logistics Limited, allegedly lured investors with promises of a staggering 50% Return on Investment (ROI) across haulage, courier, and e-commerce services.

According to the Economic and Financial Crimes Commission, more than 400 investors fell victim to the scheme.

Since November 2024, many were unable to access their capital or promised returns as Tochukwu allegedly vanished with their funds.

The EFCC confirmed that the suspect was tracked down and is currently being interrogated by operatives over what authorities described as a “fraudulent Ponzi scheme.”

Officials cautioned the public against falling prey to unverified investment schemes disguised as logistics or technology ventures, noting that fraudulent promoters often promise unrealistic returns to lure unsuspecting investors.

This arrest is being celebrated as a significant win in Nigeria’s ongoing fight against financial crimes, but it also serves as a stark reminder that greed-driven investment traps remain a major threat.

With N2 billion gone and hundreds of victims left devastated, financial watchdogs insist due diligence is the first line of defense.

Also read: Ogun Internet Fraudsters Arrest: EFCC Recovers Guns, Cars

The EFCC reiterated its commitment to protect citizens from fraudsters, urging Nigerians to remain vigilant and report suspicious investment opportunities.

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crime

Police Arrest Convicted Drug Dealer, Rescue 14-Year-Old Boy in Bauchi

Published

18 hours ago

October 27, 2026

Peculiar Adirika

Bauchi drug dealer arrest leads to the rescue of a 14-year-old boy allegedly used as a drug courier and the recovery of suspected illicit substances

The Bauchi State Police Command has arrested a 22-year-old convicted drug dealer and rescued a 14-year-old boy who was allegedly being used to deliver illicit drugs in the state.

Also read: NRS Assures Taxpayers VAT Remains at 7.5% Amid Tax Reform Concerns

The command said operatives of its Violent Crimes Response Unit intercepted the teenager during a routine patrol and recovered a granular whitish substance suspected to be methamphetamine.

The Police Public Relations Officer, SP Nafiu Habib, disclosed this in a statement issued on Tuesday.

According to Habib, the operatives, led by the unit’s officer-in-charge, intercepted the minor, identified as Samuel Nkemakolan Kosi, at about 11 am on October 26, 2026, while he was allegedly on his way to deliver the suspected drug, also known as Ice, to a customer.

The statement said the teenager told investigators that he had been sent by Samuel Ogochukwu, a 22-year-old convicted drug dealer, to make the delivery.

“Upon interrogation, the minor confessed that he was sent by one Samuel Ogochukwu, 22 years old, a convicted drug dealer, to make the delivery,” Habib said.

Following the information, detectives traced Ogochukwu to his location and arrested him.

A search of the suspect’s shop and residence reportedly led to the recovery of 3.5 grammes of a substance suspected to be methamphetamine, 17 sachets of 100mg tramadol capsules, five sachets of 300mg pregabalin capsules and seven sachets of diazepam.

The police also recovered 12 Exol tablets, two wraps of a substance known as Yellow Boys and one sachet of Shine Shine Leather.

Habib said the principal suspect told investigators that he received supplies of illicit drugs through waybills from Onitsha, Anambra State.

The police spokesman added that the 14-year-old had been handled in accordance with juvenile best practices and would be reunited with his family after counselling.

“The 14-year-old minor has been handled in line with juvenile best practices and will be reunited with his family after counselling, while the principal suspect will be charged to court upon completion of investigation,” the statement said.

The Commissioner of Police in Bauchi State, Sani-Omolori Aliyu, commended the operatives for their work and urged the public to remain alert to criminal activity.

According to Habib, the commissioner said four major drug busts and subsequent convictions recorded within 10 days demonstrated the command’s continued efforts to combat drug trafficking.