Interpol Declares HO Corn Founder, Harrison Osemwengie Wanted Over Multibillion-naira Investment Fraud | Sahara Reporters

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Osemwengie duped investors with the promise of 50 per cent in return for their investments, Peoples Gazette reports.

The founder of HO Corn, Harrison Osemwengie has been declared wanted by Interpol over multi-billion-naira investment fraud.“A warrant of arrest has been issued by the chief magistrate court Lagos. He is wanted by the police for the offence of obtaining money under false pretence and investment fraud and threat to life,” the special police bulletin said.

Mr Osemwengie, during a media campaign in February 2020, promised that his firm would offer a 50 per cent return on investment after six months to anyone willing to take advantage of it. Subsequently, many people bought into it but there was no return on investment as promised by Osemwengie.Foundation for Investigative Journalism spoke with an investor who said Mr Osemwengie would be able to afford the outrageous returns.“I remember the presenter asking Osemwengie if he was sure his company would be able to pay the agreed 50 per cent ROI and tell the public that the business was well insured in the event of a disaster,” the investor said.

 

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