MBA Forex CEO, Maxwell Chizi Odum who reportedly defrauded billions from investors has been declared wanted by the Economic and Financial Crimes Commission(EFCC).
Odum is said to have engaged in alleged money laundering.
A tweet by Adetutu Balogun alleged Odum scammed over 70,000 investors using MBA Trading and Capital investments. The investment company promised 15% ROI for deposits starting from N350k.
Investigations showed that Maxwell Odum was declared Christ Embassy’s highest partner/donor for 2020.
In November 2020, at the Loveworld Pastors and Partner’s Conference of Christ Embassy Church, CEO of Capital Forex and Investment Trading Limited, Maxwell Odum was awarded ‘top partner of the year’ for the second year running.
The award is much coveted by senior pastors and members of Christ Embassy because it celebrates individuals who had donated the most money into church projects. Such donors are referred to as ‘Loveworld Partners’.
Maxwell Odum had reportedly donated N1Billion.
Read full statement below:
The General Public is hereby notified that MAXWELL CHIZI ODUM, A.K.A. MBA TRADING AND CAPITAL INVESTMENT LIMITED, whose photograph appears above, is wanted by the Economic and Financial Crimes Commission (EFCC) in an alleged case of Conspiracy, Obtaining Money by False Pretence and Money Laundering to the tune of N213,000,000,000.00 (Two Hundred and Thirteen Billion Naira) only.
Odum is a native of Ikwerre in Obio-Akpor Local Government Area, Rivers State. His last known address is at 7, Odum Street, Elekahia, Port Harcourt, Rivers State.
Anybody with useful information as to his whereabouts should please contact the Commission in its Benin, Kaduna, Ibadan, Sokoto, Gombe, Maiduguri, Makurdi, llorin, Enugu, Kano, Lagos, Gombe, Port Harcourt and Abuja offices or
through these numbers 09-9044751-3, 08093322644, 08183322644, 070-
26350721-3, 070-6350724-5; its e-mail address:
firstname.lastname@example.org or the
nearest Police Station and other security agencies.