A massive investment fraud has devastated Nigeria, and the people who profited from it are still walking free.

OmegaPro, a Dubai-based Ponzi scheme, pulled roughly $120 million from Nigerian investors before it collapsed in late 2022. The money came from widows, retirees, wealthy business owners, and young people trying to build their futures. All of it vanished.

Now victims are naming names. Dr. Ope Banwo, representing the OmegaPro Action Nigeria Class, has identified the top recruiters who pushed the scheme across Nigeria: Tomiwa Orunnipin, Samuel Ajibare, Leo Bonaventure, and Daniel Onoja. Below them sits a second tier of promoters: Grace Udenwa Udoye, Wuraola Fadairo Orunupin, Olasebikan Oladapo, Maryann Ilorah, Chinwe Ikpe, Ajibare Olushola Ebunoluwa, Dotun Fatoyinbo, Dr Afoma Nwolisa, and Matthew Ogunmodede.

While victims lost their savings, these recruiters got rich. Daniel Onoja recently bought a multi-million-dollar house in Canada. Leo Bonaventure threw a lavish housewarming party for his multi-billion naira estate in Lagos and posted videos celebrating it. To add insult to injury, Bonaventure obtained a micro-banking license, raising questions about how Nigerian regulators are handing banking credentials to people connected to one of the country's biggest investment frauds.

BusinessPost called OmegaPro "one of the biggest investment tragedies in Nigeria's history." Yet Nigerian authorities have done nothing publicly to hold any of the recruiters accountable.

OmegaPro started in 2019, co-founded by Dilawar Singh from Germany, Andreas Szakacs from Sweden, and Michael Shannon Sims from the United States. The pitch was simple and seductive: a 200% return on investment paid out over 16 months. Investors believed it. They invested heavily. It was a lie.

The scheme collapsed as all Ponzi schemes eventually do. When it went under, investors got nothing back. The U.S. Commodity Futures Trading Commission has pursued Mike Sims for laundering money through another Ponzi scheme, but nobody has been formally charged in the OmegaPro fraud itself.

The contrast is stark. International regulators are moving against the scheme's founders. Nigerian regulators are silent. The recruiters who made millions funneling money into the scam remain free, buying property and securing banking licenses while their victims try to rebuild their lives.

🤖 Quick Answer

What was OmegaPro and how much money did it defraud from Nigerian investors?
OmegaPro was a Dubai-based Ponzi scheme that collapsed in late 2022 after extracting approximately $120 million from Nigerian investors. The scheme affected diverse victim groups including widows, retirees, business owners, and young individuals seeking financial growth.

Who are the primary recruiters identified in the OmegaPro fraud case?
Dr. Ope Banwo, representing the OmegaPro Action Nigeria Class, identified four major recruiters: Tomiwa Orunnipin, Samuel Ajibare, Leo Bonaventure, and Daniel Onoja, along with a secondary tier including Grace Udenwa Udoye, Wuraola Fadairo Orunupin, and others.

**What is the current status of accountability for

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