• Home
  • Anti-Corruption
  • Fact-Check
  • Economy
  • National
    • Government
  • Security
  • Features
  • State
  • Event
    • PR Nigeria Award
  • E-Paper
Search
  • Home
  • About
  • Adverts
  • Contact
Sign in
Welcome! Log into your account
Forgot your password? Get help
Password recovery
Recover your password
A password will be e-mailed to you.
PRNIGERIA PRNigeria News
PRNIGERIA PRNIGERIA
  • Home
  • Anti-Corruption
    • Mohammed Idris Malagi, Honorable Minister of Information and National Orientation

      FG Reaffirms Non-Interference in ICPC, EFCC Operations

      ICPC Secures Conviction of Rector for Running Unaccredited Degree Programmes

      Engr Abba Babagana Dalori

      Engr Dalori Forfeits Galaxy Hospital, Petrol Station, Properties & Cash

      Chinese nationals jailed in Lagos

      Court Jails Nine Chinese Nationals for Cybercrime in Lagos

      ASUU

      Tackle Corruption, Institutional Decay – ASUU Charges FG

  • Fact-Check
  • Economy
    • NUPENG

      NUPENG Suspends Strike After Truce With FG, Labour, Oil Stakeholders

      Customs, Defence Bureau Unveil Airboat for Smuggling War

      Customs Begins Live Operations of Automated Excise Register System

      Still on the “National Single Window” Project By Abdulsalam Mahmud

      Minister of Finance Wale Edun and the Comptroller General of Customs Bashir Adeniyi decorating OP Olaniyan

      Customs Generates N3.7trn in H1 2025 as FG Targets Enhanced Private…

  • National
    • NUPENG

      NUPENG Suspends Strike After Truce With FG, Labour, Oil Stakeholders

      Senator Shehu Umar Buba

      Northern Youth Coalition Defends Senator Buba, Condemns Smear Campaigns

      UNODC, ONSA Push Open Source Intelligence to Combat Cybercrime

      Kaduna-Abuja Railway: An Urgent Call for Improved Maintenance and Security Compliance…

      Customs Board Approves $300 Duty-Free Limit for Imports to Boost Commerce

    • Government
      • Senator Shehu Umar Buba

        Northern Youth Coalition Defends Senator Buba, Condemns Smear Campaigns

        AU, Nigeria Sign MoU to Bolster Counter-Terrorism Efforts

        Kaduna-Abuja Railway: An Urgent Call for Improved Maintenance and Security Compliance…

        ICPC, State Information Chiefs Forge New Alliance to Combat Grassroots Corruption

        Shettima Condemns Borno Attack, Assures Perpetrators Won’t Escape Justice

  • Security
    • Mohammed Idris Malagi, Honorable Minister of Information and National Orientation

      FG Says Shea Export Suspension Will Create Jobs, Spur Investment

      Nigerian Police Force

      Kwara Police Release 48 Suspects After Finding No Criminal Links

      Commandant General of the Nigeria Security and Civil Defence Corps (NSCDC), Dr. Ahmed Abubakar Audi

      NSCDC Moves to Arrest Killers of 8 Operatives in Edo, Deploys…

      UNODC, ONSA Push Open Source Intelligence to Combat Cybercrime

      Military troops

      Troops Rescue 5 Kidnap Victims, Repel Multiple Bandit Attacks in Katsina

  • Features
    • Chief of the Air Staff (CAS), Air Marshal Hasan Bala Abubakar, and delegation from the United States Institute of Security Governance led by retired Major General Miguel Castellanos,

      Nigeria, US to Expand Air-Ground Integration for Safer Counterterrorism Operations

      Kaduna-Abuja Railway: An Urgent Call for Improved Maintenance and Security Compliance…

      IPRA GWA WINNER Logo 2018

      The Human Factor: IPRA President Addresses AI’s Role in PR

      Brig Gen Mohamed Buba Marwa (rtd)

      Marwa, A Man of Uncommon Grace at 72 By Femi Babafemi

      PRNigeria logo fearured image

      Recollecting a Media Dialogue on Words and Extremism in Abuja

  • State
    • Commandant General of the Nigeria Security and Civil Defence Corps (NSCDC), Dr. Ahmed Abubakar Audi

      NSCDC Moves to Arrest Killers of 8 Operatives in Edo, Deploys…

      Military troops

      Troops Rescue 5 Kidnap Victims, Repel Multiple Bandit Attacks in Katsina

      Police Officer

      Security Forces Foil Robbery Attack on Abuja–Kaduna Highway, Enhance Patrol Along…

      CP Ajao Saka Adewale

      FCT Police Warn Residents Against Bribing Traffic Officers

      A Group of Terrorists/Bandits

      Borno Village Attack Leaves Dozens Dead, UN Condemns Violence

  • Event
    • PHOTOS: BUK Alumni Association Launches Digital Hub to Unite Global Graduates,…

      Founder Image Merchant Promotion Ltd, Yushau Shuaib, Nigeria Customs CG, CGC Bashir Adewale Adeniyi and the IPRA representative during the 2024 GWA awards in Belgrade, Serbia

      Again, ​IPRA Shortlists Nigeria Customs, IMPR for Golden World Awards, Celebrates…

      BUKAA Announces 2025 AGM at BUK New Campus: Join In-Person or…

      Vice President Kashim Shettima and President Bola Ahmed Tinubu

      Shettima at 59: Tinubu Hails VP’s Loyalty, Commitment to Service

      Erasmus Ikhide damaged Vehicle and Dangote Cement Truck

      Erasmus Ikhide Narrowly Escapes Death in Collision with Dangote Truck

    • PR Nigeria Award
  • E-Paper
Home Anti-Corruption EFCC Nabs Galaxy Boss, Sokoto Voodoist over Frauds
  • Anti-Corruption

EFCC Nabs Galaxy Boss, Sokoto Voodoist over Frauds

By
Tony Orilade
-
April 23, 2019
Engr Dalori of Galaxy Transport
Engr Dalori of Galaxy Transport

EFCC Nabs Galaxy Boss, Sokoto Voodoist over Frauds

How Galaxy Boss Pulled-off N7bn Fraud on Nigerian Investors
The Economic and Financial Crimes Commission (EFCC) has arrested the Chief Executive Officer of Galaxy Transportation and Construction Services Limited, Babagana Dalori, who defraud 27,400 Nigerians to the tune of about N7billion through fake promises of mouth-watering returns on their investment in his companies.

Dalori, who is currently undergoing interrogation in the Commission, had incorporated the firm in 2012 with one tricycle (Keke NAPEP), which through pool investments by members of the public later boasted of 50 tricycles.

The entrepreneur later diversified into other business ventures while promising mouth-watering returns to investors. The Commission’s investigators discovered that Dalori initially paid 200 percent interest on investors’ deposits in the firm and later reduced the interest to 135 percent before the scheme crashed in 2018.

To suck as many unsuspecting victims into his ponzi net, Dalori engaged in massive advertisements on radio and television, including a production of a movie by A-list Nollywood actors, which aimed at convincing members of the public to invest in his companies.

As a victim stated, “he even went to the extent of organizing Nollywood stars to produce a movie for him to further promote public investment into his company. He specifically organized some actors and actresses in Kannywood to act in a movie called “Zero Hour” to show the need for people to invest in Galaxy.

“Unfortunately, his gimmicks paid off as different people took their hard-earned savings, inheritance, pensions and other source of income and invested in Galaxy. Now, the scheme has crashed and investors can no longer get their money.

“At the moment, he has used the investors money to incorporate different entities without getting their consent. He now has Galaxy Global Energy Concept Ltd, Galaxy Miners Concept Ltd, Galaxy Global Farms, Galaxy Computers, Galaxy Block Making Factory, Galaxy Hospital and Galaxy Hotel.”

Dalori’s modus-operandi is typical of those of Nigerian wonder banks, by accepting deposits from members of the public when his company is not a licensed financial institution, the suspect and his company have committed a criminal act punishable by the Banks and Other Financial Institutions Act.

At the moment, all bank accounts belonging to Galaxy have been frozen in order to prevent further dissipation of investors’ funds, pending the conclusion of investigation.

His media aide, Cletus Onoja, however, blamed Dalori’s inability to honour his obligation to his investors on the loss of one of his companies’ largest dredgers in Jere sand mining site in Kaduna State.

Read Also:

  • NUPENG Suspends Strike After Truce With FG, Labour, Oil Stakeholders
  • FG Says Shea Export Suspension Will Create Jobs, Spur Investment
  • Nigeria, US to Expand Air-Ground Integration for Safer Counterterrorism Operations

Tony Orilade
Ag. Head, Media & Publicity
……………………………………………..

Sokoto Voodooist
Sokoto Voodooist

EFCC Docks Fraudulent Spiritualist in Sokoto

The Economic and Financial Crimes Commission, EFCC, Sokoto Zonal Office, on Tuesday, April 23, 2019 arraigned one Umaru Isma’ila before Justice Bello Duwale of the Sokoto State High court, sitting in Sokoto, on a two-count charge, bordering on obtaining money by false pretence to the tune of N668, 000 (Six Hundred and Sixty Eight Thousand Naira).

The complainant, Sani Musa alleged that sometime in 2017, he met the defendant through his friend, Mujitafa, who invited him to Sokoto to meet the defendant, whom he claimed could produce money through voodoo.

Musa disclosed that he travelled to meet Isma’ila, who told him that he will pray for him to be rich but that he had to buy some perfumes for the prayers. For that, the defendant collected several amounts of money from him on different dates.

The complainant disclosed that he later found out that the whole thing was a fraud and that all efforts for him to recover his money proved abortive.

Count one reads: “That you Umaru Ismaila sometime between the months of March, 2017, June and July, 2018 at Sokoto within the jurisdiction of this honourable court, with intent to defraud, did obtain the total sum N668,000.00 (Six Hundred and Sixty Eight Thousand Naira) from one Sani Musa, when you falsely represented yourself to him as capable of making him become rich (wealthy) by praying for him, a pretence you knew to be false and thereby committed an offence contrary to section 1 (1) (a) of the Advance Fee Fraud and Other Fraud Related Offences Act of 2006 and punishable under Section 1 (3) of the same Act”.

The defendant pleaded not guilty to the charges.

Following his plea, the prosecution counsel, Habila Jonathan, asked the court for a date for the commencement of trial and prayed the court to remand the defendant in prison custody.

However, the defense counsel, A. Anas prayed the court to grant the defendant bail, arguing that his offences were bailable.

Justice Duwale granted the defendant bail in the sum of N20, 000 (Twenty Thousand Naira) and one surety in the like sum. The surety must be the Local Government Area Councillor, representing the defendant.

The matter was adjourned to May 6, 2019 for hearing, while the defendant was remanded in prison custody pending the perfection of his bail conditions.

Tony Orilade
Ag. Head, Media & Publicity

VISIT OUR OTHER WEBSITES
PRNigeria.com EconomicConfidential.com PRNigeria.com/Hausa/
EmergencyDigest.com PoliticsDigest.ng TechDigest.ng
HealthDigest.ng SpokesPersonsdigest.com TeensDigest.ng
ArewaAgenda.com Hausa.ArewaAgenda.com YAShuaib.com
  • TAGS
  • Babagana Dalori
  • efcc
  • Galaxy Transportation
Previous articleArmy Commences Weapon Handling Exercise in Imo
Next articleFRSC Appoints 4 Deputy Corps Marshals, Promotes 30 Senior Officers
Tony Orilade
Tony Orilade
https://prnigeria.com
PRNigeria is the pioneer Press Release Distribution agency in Nigeria. A member of image Merchant Promotions limited, PRNigeria encourages individuals and organisations to be more transparent in their information management. with dedicated Editorial staffs, the PRNigeria ensures that information provided on its platforms are timely, factual and authoritative Read more at: //prnigeria.com/about/
Facebook Twitter

RELATED ARTICLESMORE FROM AUTHOR

Senator Shehu Umar Buba

Northern Youth Coalition Defends Senator Buba, Condemns Smear Campaigns

AU, Nigeria Sign MoU to Bolster Counter-Terrorism Efforts

Military troops

Niger Delta Operations: Troops Arrest 35, Recover Arms and Stolen Oil

NAF Establishes Forensic, Digital Crime Lab to Tackle Insecurity

Omoyele Sowore and President Bola Ahmed Tinubu

​DSS Demands Retraction, Apology from Sowore Over Comments on Tinubu

A Group of Terrorists/Bandits

Borno Village Attack Leaves Dozens Dead, UN Condemns Violence

PHOTOS: BUK Alumni Association Launches Digital Hub to Unite Global Graduates, Drive University Development

Founder Image Merchant Promotion Ltd, Yushau Shuaib, Nigeria Customs CG, CGC Bashir Adewale Adeniyi and the IPRA representative during the 2024 GWA awards in Belgrade, Serbia

Again, ​IPRA Shortlists Nigeria Customs, IMPR for Golden World Awards, Celebrates 70th Anniversary in Africa

Army Neutralize Notorious Bandit Leader, Others, Rescue Victims, Recover Weapons in Kogi

The road accident scene

Nigeria’s Deadly Roads and the Menace of Trailer Accidents, By Mukhtar Ya’u Madobi

Troops Neutralise Gunrunner, Armed Militia, Recover Weapons in Plateau

NAF, Ground Troops Neutralise 30 Terrorists in Joint Operation at Dar Jamel

LEAVE A REPLY Cancel reply

Log in to leave a comment

Recent Posts

  • NUPENG Suspends Strike After Truce With FG, Labour, Oil Stakeholders
  • FG Says Shea Export Suspension Will Create Jobs, Spur Investment
  • Nigeria, US to Expand Air-Ground Integration for Safer Counterterrorism Operations
  • Kwara Police Release 48 Suspects After Finding No Criminal Links
  • Northern Youth Coalition Defends Senator Buba, Condemns Smear Campaigns
  • Home
  • About
  • Adverts
  • Contact
© 2020 PRNigeria. All Rights Reserved.
Latest News
NUPENG Suspends Strike After Truce With FG, Labour, Oil StakeholdersFG Says Shea Export Suspension Will Create Jobs, Spur InvestmentNigeria, US to Expand Air-Ground Integration for Safer Counterterrorism OperationsKwara Police Release 48 Suspects After Finding No Criminal LinksNorthern Youth Coalition Defends Senator Buba, Condemns Smear CampaignsNSCDC Moves to Arrest Killers of 8 Operatives in Edo, Deploys Special SquadsUNODC, ONSA Push Open Source Intelligence to Combat CybercrimeTroops Rescue 5 Kidnap Victims, Repel Multiple Bandit Attacks in KatsinaSecurity Forces Foil Robbery Attack on Abuja–Kaduna Highway, Enhance Patrol Along Rail LineAU, Nigeria Sign MoU to Bolster Counter-Terrorism EffortsKaduna-Abuja Railway: An Urgent Call for Improved Maintenance and Security Compliance By Samuel AruwanThe Human Factor: IPRA President Addresses AI's Role in PRNigeria, African Union Sign MoU on Intelligence Sharing, CounterterrorismNiger Delta Operations: Troops Arrest 35, Recover Arms and Stolen OilMarwa, A Man of Uncommon Grace at 72 By Femi Babafemi
X whatsapp