The upcoming BRIPAN 2023 International Conference, scheduled for September 28th and 29th, will bring together experts and stakeholders to delve into a pressing issue in Nigeria’s financial landscape—Ponzi schemes, fraud, and the challenges of recovering assets from fraudulent investment schemes.

This topic has gained significant importance due to the proliferation of unlicensed and unregulated collective investment schemes, often promising substantial returns to unsuspecting investors. With the rise of Ponzi schemes operating on social media platforms, where promoters often remain anonymous, the need to address this issue is more critical than ever.

Key Discussion Points:

During the conference, participants will explore various aspects of this issue, including:

  1. Ponzi Schemes on Social Media: The prevalence of Ponzi schemes on social media platforms, their deceptive tactics, and the challenges in prosecuting anonymous promoters.
  2. Asset Tracing and Recovery: The discussion will focus on the available criminal and civil toolkits in Nigeria for tracing and recovering assets from fraudulent investment schemes.

Expert Speaker:

Mr. Amala Umeike, a partner at Stren & Blan and a seasoned Insolvency Practitioner, will lead the discussion on asset tracing and recovery. With his extensive experience and expertise in this field, Mr. Umeike will shed light on the strategies and legal mechanisms to track down and reclaim assets from fraudulent schemes.

Registration Information:

If you haven’t already, don’t miss the opportunity to participate in this crucial conversation. Register now for the BRIPAN 2023 International Conference at conference.2023bripan.org.ng to join the discussion on Ponzi schemes, fraud, and assets recovery.

As the threat of fraudulent investment schemes continues to grow, this conference promises to provide valuable insights and solutions to safeguard investors and combat financial fraud.

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