The $1 Billion Nigerian Company That Doesn't Exist

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The $1 Billion Nigerian Company That Doesn't Exist


Dive into the astonishing story of Nigerian billionaire Dozy Mmobuosi and his company Tingo Mobile. Once poised to acquire Sheffield United for £90 million, Mmobuosi’s empire crumbled under SEC accusations of massive securities fraud. Discover how Tingo, initially celebrated for its revolutionary impact on Nigeria’s agriculture and fintech…

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35 Comments

  1. In my opinion these guys are doing the same thing that Elon is doing, white paper business their problem is when they are given money instead of going to do the business that he planned they are good in buying luxury cars and houses themselves. The likes of Harshpuppy

    At least NIKOLA motor company still existing 😂😂😂

  2. You wonder how ordinary people can fall for the Nigerian prince email frauds, when international multi million Dollar investors and worldwide active auditor companies like Deloitte can be fooled by some fake emails and photoshop bank statements?

  3. africa is so vast, that such frauds are possible. yet they are so behind tech, that checkups are hard to do. those, who has a bit more understanding of that, can use the system to make billion dollar companies are walk away with fortune.

  4. when will you folks learn investing and stocks/bonds are nothing but a scam benefiting only the brokers who sell this bs to the scummmy company CEO who think they have it all when the only have a half assed idea

  5. Wallstreet Millennial is unfair to this creative and useful man and his industrial group.
    If he would only involute the convolution he would see that the entire operation is superbly cromfaluted.
    And vice versa.
    Big Four auditor sign here: X.

  6. Am a Nigerian, and this is the first time I am hearing about this scammer. You mean no one cared to even use google to research this guy and his fake companies? What a brazen fraud! Guy should be in prison