EFCC Declares 24-Yr-Old Wales Capital Investment Boss Wanted Over N936M Investment Scam

The Economic and Financial Crimes Commission (EFCC) has declared one Adewale Daniel Jayeoba wanted over an alleged investment scam.

The EFCC said Jayeoba, a native of Ori-Ade Local Government in Osun State, used to live at Suit 1004, Providence Centre, MKO Abiola Way, by NNPC Mega Station, Abeokuta, Ogun State.

“The public is hereby notified that Adewale Daniel Jayeoba of Wales Kingdom Capital is wanted by the Economic and Financial Crimes Commission (EFCC) in the alleged case of an investment scam,” said by the EFCC official instagram page.

EFCC had in June arrested Jayeoba’s parents, Emmanuel and Victoria Jayeoba for allegedly defrauding people in a sum of N935million Ponzi scheme.

At the time, Uwujaren (The Head of Media and Publicity) said the couple, in complicity with their son (who's still at large), “operated the scheme in the guise of forex trading.” The couple was said to have been arrested at their residence in Ibadan, the Oyo State capital.

The father, Emmanuel, was described as a Director in Wales Kingdom Capital; operating about five bank accounts with which he had allegedly received N18,397,913 before he was arrested.

The mother, Victoria, had six bank accounts through which she reportedly received up to N916,607,715.

The EFCC urged anybody with useful information about the wanted man’s whereabouts to contact any of its offices across the nation.