Maxwell Odum, the CEO of Lagos-based forex company MBA Capital and Trading Limited, has reportedly been arrested by Interpol.
Odum was arrested recently, several months after the EFCC declared him wanted for defrauding investors out of over N213bn.
Instagram blogger Cutie Juls revealed this in a post.
“BBN’s Kim Oprah’s big god, Maxwell Odum is arrested by Interpol few months after EFCC went on his case,” the blogger wrote.
Maxwell Odum ran the MBA Capital and Trading Limited company, a very popular forex training and capital investment firm.
According to reports, the company abruptly shut down during Christmas 2020, after they closed for the holidays and never reopened.
Aggrieved customers mounted pressure on the Lagos State Police Command and Economic and Financial Crimes Commission (EFCC) until they declared Odum wanted.
In December last year, the EFCC released a missive informing the public that Odum is a wanted man.
“The general public is hereby notified that MAXWELL CHIZI ODUM, A.K.A. MBA TRADING AND CAPITAL INVESTMENT LIMITED, whose photograph appears above, is wanted by the Economic and Financial Crimes Commission (EFCC) in an alleged case of Conspiracy, Obtaining Money by False Pretence and Money Laundering to the tune of N213,000,000,000.00 (Two Hundred and Thirteen Billion Naira) only.” the missive read.
“Anybody with useful information as to his whereabouts should please contact the Commission in its Benin, Kaduna, Ibadan, Sokoto, Gombe, Maiduguri, Makurdi, Ilorin, Enugu, Kano, Lagos, Gombe, Port Harcourt and Abuja offices…or the nearest Police Station and other security agencies.” it concluded.
Odum had been on the run since but has finally been picked up.