Adeosun Oluwaseyi, a Lagos-based banker, has accused Black Wall Street, ‘a Pan African Centre of Commerce’, of refusing to return the one million naira he invested on its investment platform in 2020.
Adeosun told SWP Online Source from ojoojoo.com search engine that he invested the sum in May 2020 after he was promised a monthly Return On Investment (ROI) of N45,500.
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“It was Williams Nwachi, my friend that introduced me to the company. He was a marketer at the so called Black Wall Street during the period. As a result of the trust I had in him, I decided to invest my money in the company, based on his recommendation,” Adeosun said.
Charles Lambert
“It turned out that investing my hard-earned one million naira was the greatest mistake of my life.”
The Banker said he purchased five investment slots at the rate of N200,000 each from the company. He also said Nwachi made the payment on his behalf. “My friend was owing me N20,000. So, after sending him N980,000, he added the amount he was owing me to it and assisted me in buying five slots. I later sent him another N10,000 for ‘activation of investment’,” he said.
Adeosun said an official at Black Wall Street would later reach out to him to say that it would take six months for his returns to mature.
“They said I would be able to make withdrawals after six months,” the banker said.
However, after waiting for six months, Adeosun received no return.
“I made the investment in May 2020 and waited patiently until the end of the promised six months. In the end, all I got was another message, telling me to wait for another six months,” the banker said.
Charles Lambert
Adeosun also said that all his complaints regarding the promised returns were received with rude responses from the company.
“Their responses were always placing emphasis on my impatience,” Adeosun said.
“Now, I don’t even know if I will ever be able to get my one million naira back any more.”
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An investigation by SWP Online Source from ojoojoo.com search engine however showed that Black Wall Street is owned by a Charles Lambert who lives in Kampala, Uganda.
Charles Lambert
On its site, Lambert claims to be working on several business projects such as building a ground-breaking software applications that will be monetized.
Through this Lambert is able to solicit monetary commitments from interested investors, with a promise that they would reap bountiful profits in return, once the project is completed.
SWP Online Source from ojoojoo.com search engine sent an email to Black Wall Street for comments on the complaint made by Adeosun, but, no response had been received at press time.
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