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ReQuid

18.03.2022 Featured ReQuid Tech Ltd Shuts Office After Taking N3m From Investor

Published 18th Mar, 2022

By Yakubu Mohammed

ReQuid Technologies Ltd., an agro-investment platform, closed down its office after scamming over N3 million from Ojomo Oluwafisayo, but keeps operating online. 

After trusting the platform, Oluwafisayo started investing in phases with the hope of recouping his investments.

READ MORE: FIJ Published Over 40 Investment Scam Stories in 2021. Here Are the Top Five

On September 29, 2020, he invested N600,000 in ReQuid’s rice farm. By December 30, 2020, the investment had grown and payments were made, but with N480,000 outstanding, according to a document made available to FIJ by Festus Ogun, Oluwafisayo’s lawyer.

Still in the same company, Oluwafisayo invested N810,000 under a poultry scheme called Poultry 23. He made the investment on March 09, 2021, and as of June 22, it had matured and N105,300 interest had accrued. The following day, he invested another N900,000 in the same scheme. The interest was N117,000.  

On March 30, 2021, a total sum of N600,000 was invested in the same company, but under ‘Soyabean’ scheme. The expected interest was N90,000 as of August 30, 2021.  

Hitherto, a sum of N8,914, the expected return on the Poultry 23 investment, cannot be accounted for.

READ ALSO: 76-Year-Old Nigerian Woman Convicted of Advance-Fee Scam in the US

All the above investments were in vain as investment capital and returns have not been paid. 

FIJ placed several calls to the contact available on reQuid website, but they were not answered. As of press time, an enquiry sent to the company has not been responded to.

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Published 18th Mar, 2022

By Yakubu Mohammed

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