on Friday, July 19, 2024, arraigned one Rufus John Isip, a self-acclaimed forex broker, before Justice C. S. Onah of the Federal High Court sitting in Uyo, Akwa Ibom State.
Count one of the charge read: “That you, Rufus John Isip, while being the Director of ITM-IT Resources Limited and ITM-IT Resources Limited, sometime in December 2020 and May 2021 in Uyo, Akwa Ibom State, within the jurisdiction of the Federal High Court of Nigeria, with intent to defraud, obtained the sum of Four Hundred and Thirty-One Million, Three Hundred and Thirty-One Thousand, One Hundred and Seventy-Two Kobo from one Michael Okon, the Director of N-Rex Resources Limited, under the false...
Isip was arrested based on a petition from one Michael George, alleging that he lured him to invest in his online trading platform called Vandora.io.