He said: “With the recent increase in investment channels arising from innovative products, there has been an increase in illegal fund managers who have been using different platforms soliciting public to invest their funds with them, promising excessive returns on such investments.
“In order to protect unsuspecting depositors, it has become necessary for the Nigeria Deposit Insurance Corporation to continue sensitizing the public on the high risk associated with investing funds with illegal funds managers.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: