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How fake forex platform landed 27-yr-old student in prison

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John Akpan Ode

How fake forex platform landed 27-yr-old student in prison

27-year-old John Akpan Ode is a native of Ogoja in Cross River State. After his secondary education, John relocated to Lagos in search of a better life since his poor parents could not afford his quest for further education.

Within a few years, John mastered the art of fixing tiles, roofing and forex trading and used the proceeds from both side hustles to see himself through school at the Lagos State Polytechnic.  John was doing well for himself and looking forward to a bright future until he stumbled on a fake forex platform, He started getting good returns on his investment and helped others to join. When the platform crashed a few months later and John lost all his investment, instead of being a victim, he became a prime suspect. In this edition, John tells Encounter how he spent months in Kirikiri prison over an alleged N6 million forex fraud he knew nothing about.

Background

My name is Akpan John Ode. I am from Yala Local Government Area of Cross River State. I attended Obachime Community Primary School and St. Francis Meridian College in Yala Local Government Area. I am from a polygamous family. My father married four wives and my mother is his last wife. My father had 19 children and taking care of them was a big challenge for him. Only a few of my siblings attended primary school and we were always fighting amongst ourselves in the family. Immediately I managed to finish my secondary school and got my West African Examination Council, WAEC Certificate in 2015, I decided to relocate to Lagos and do something useful with my life. I stayed with one man from my village and learnt how to fix tiles and roofs. I was also helping the company to market their products. From the little money I made from the company, I enrolled into Lagos State Polytechnic to study marketing.

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Side hustle

While studying for my OND in LASPOTECH, a friend introduced me to forex trading. I took a little training on the business and over time, I mastered the secrets and started making money from it. I joined quite a few platforms and made some good returns.

Trouble

I was doing well until I started introducing others to the business. The first set of people I introduced on the platforms I use, did very well and made good money from their investments. For a long time, I didn’t have any problem with anyone until I decided to invest in a new platform last year.  My investment on the platform grew from $300 to about $5,700 and I was doing bi-weekly withdrawal of $200 to take care of my personal needs. One day, a sister introduced a lady based in Abuja to me. The lady said she was interested in forex so I introduced her to the new platform I was using. She had just $360 so I assisted her with an additional $300 to start off. I only offered assistance but she was doing the trading herself. The lady made $5,000 over time but chose to reinvest the profit instead of withdrawing it. We were all shocked one day when the site froze and we could not trade again. It was later that it dawned on us that we had been scammed. The lady called me and insisted that I must refund her $5,000 but I explained to her that I am also a victim. She made a lot of trouble until I stopped hearing from her.

Arrest

I had forgotten everything until July when I returned from my village  where I had gone to visit my parents. My tiles and roofing work was not coming regularly so I tried to do other things to survive. In August, I got a call from a strange person who I later discovered was a police officer. Before that call, they had already arrested one of my brothers and his wife. They also arrested one of my sisters in Lekki who eventually led them to my house. The police officers initially told me that my arrest was in respect of a phone but when they took me to their office in Ikeja, they began to ask me a different question.

Bogus allegation

When we got to the Lagos State Police Command in Ikeja, the police officers asked me if I knew anyone called Ugochi. I replied that I knew her and told them how I introduced her into the forex trading platform which eventually crashed. They insisted that I was lying and threatened to beat the hell out of me if I continued lying. They showed me a petition that Ugochi had written alleging that she invested N6 million through me. When I maintained that I never defrauded the complainant, I was locked up in a cell for 11 days. My family didn’t know my whereabouts for those 11 days as my phone was seized. I was taken to the office of the Commissioner of Police where they took my statement. I showed them my WhatsApp conversations with the complainant and the $360 she sent to me for the investment.

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Police insists on refund

Despite all my explanations, the police said I should refund the N6million. I told them that I didn’t have any money and that I also lost my all investments. When they realised that I didn’t have any money, they decided to file a charge against me before a Magistrate court.

Journey to Kirikiri

I was arraigned for fraud before an Ogba Magistrate Court. I pleaded not guilty to the charges and was granted bail. Unfortunately, I didn’t have anyone to stand surety for me so I was taken to Kirikiri prison pending when I could sort out my bail. The matter was adjourned to two subsequent dates but I still didn’t have anyone to stand as surety for me.

Ordeal in prison

The day I got into the prison, I was seriously beaten and punished inside the welcome cell where I spent two days. An inmate I met in court had explained to me the rules and regulations in the prison so I was a bit ready for the beating and punishment. I really suffered in the first few days of my arrival in the prison but after a while, I began to adapt to the environment. The prison environment was a strange world to me because of the different kinds of people I saw there. From murderers to kidnappers, rapists, yahoo yahoo boys, armed robbers and many other terrible criminals. The kind of people you find there are not normal.  I found it strange that I was among these kinds of people for what I didn’t do. The food was terrible. I tried not to eat my meal portion but it was very difficult. Once in a while, one of my sisters brings me food and money so I tried to survive on that. Some churches also bring us food occasionally. At some point, I had a serious health issue after I was infected by the environment.

Warders’ role in prolonged incarceration

I believe that warders are partly responsible for some inmates’ prolonged stay in prison. I spent just six months in prison but I was shocked to discover that some inmates had spent years for similar allegations simply because warders failed to disclose the date of their trial. Sometimes when we go to court and the magistrate fails to sit; it is only the warders that approach the registrar for the adjourned date. For those of us without lawyers, we are always at the mercy of the warders. If they don’t tell you the adjourned date for your matter, you will simply rot in prison.

Botched trial, NGO intervention

After my arraignment, I appeared in court twice without a lawyer and on those two occasions, the magistrate did not sit.  When I returned to the prison, an inmate told me about a non-governmental organisation, Anchor Heritage and how they have been assisting innocent inmates to regain their freedom. I waited until the day the NGO came and I presented my case to them. The head of the organisation, Mr. Bidemi Oladipupo assured me that they would look into my matter.

 On the next adjourned date, I was surprised when a lawyer from the organisation took over my case. Throughout the trial, the complainant who was resident in Abuja never showed up in court. Only one man who claimed to be her uncle appeared. The matter was adjourned four times until the magistrate decided to strike out the case. I guess it became clear to the police that the complainant lied to them and was unwilling to go ahead with the matter so they decided to withdraw the matter. I was happy that the case was withdrawn but the thought that I had to spend six months in prison for a lie made me feel bad.

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Motivated by prison ordeal

Nigerian prison is not a good place to be but my six months in Kirkiri prison was an eye opener. Looking back, I would say the prison prepared me to face life with a motivated mindset. I have a different mindset now about helping people because of my experience. Before going to prison, I wasn’t close to God but that place became a blessing in a way for me. I experienced God’s mercy in prison and since I got out, I have been closer to God more than ever before. The help I also got from Anchor Heritage has also motivated me to aspire to establish a charity organisation to help people in need.

Why I fell victim

Forex is good when someone has funds and knows the intrigues of the business. I have used some platforms that were good. The truth, however, is that there is no guaranteed way of knowing a fake platform. If you join a platform early, even if it is fake, you would have made some significant gain on your investment if you cash out early. Unfortunately, I didn’t cash out early enough before this particular one that got me into trouble. The reason I got into that business was because I needed funds to pursue my education. What happened to me was a temporary setback which I believe has also strengthened me.

Appeal for assistance

Since I got out of prison, things have been difficult. I still want to return to school but the fund is not available. The tiles and roofing business is also not coming as regularly as it used to be. I am appealing for support from well-meaning Nigerians. I want a job so that I can further my education and become useful to myself and my country.

How fake forex platform landed 27-yr-old student in prison

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Enugu Police Kill Two Kidnappers, Recover AK-47 Rifle, Beretta Pistol in Separate Raids

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Enugu Police Kill Two Kidnappers, Recover AK-47 Rifle, Beretta Pistol in Separate Raids
The weapons recovered from the two operations

Enugu Police Kill Two Kidnappers, Recover AK-47 Rifle, Beretta Pistol in Separate Raids

Police operatives of Enugu Police Command have foiled a kidnapping attempt, killed two suspected kidnappers and recovered weapons in two separate operations in Enugu State. The operatives recovered three firearms, including an AK-47 rifle, a Beretta pistol, and locally fabricated double-barreled pistols, two magazines loaded with thirty rounds of 7.62mm calibre ammunition, one live cartridge, phones, and other incriminating exhibits during the operations, SP Daniel Ndukwe, the spokesperson for Enugu Police Command, said in a statement on Tuesday.

The command said the operations, carried out on May 30, 2026, were part of its sustained offensive against violent crimes and criminal elements operating within the state. In one of the operations, Ndukwe said police operatives on May 30, 2026, received intelligence that a gang of about five armed men were attempting to kidnap an individual along the Nowas–Abakpa Road axis of Enugu. The first operation occurred at about 8:30 p.m.

He added that police operatives attached to the Command’s Trans-Ekulu Division working with members of the Neighbourhood Watch Group, swiftly responded and encountered the suspects, who opened fire on them. “The operatives responded with precision and fatally immobilised one of the suspects, while others escaped with varying degrees of gunshot injuries. The suspect was immediately taken to a hospital, where he was confirmed dead by the attending doctor. One AK-47 rifle, two magazines loaded with thirty rounds of live 7.62mm ammunition, and two mobile phones were recovered from the neutralised suspect,” he said.

The spokesperson said further intelligence-led operations by operatives of the Anti-Kidnapping Sub-Unit of the Command’s Violent Crime Response Unit (VCRU) led to the recovery of a Beretta pistol connected to the criminal gang. Ndukwe added that on the same date at about 9:19 p.m., information was received that a gang of armed robbers had invaded the residence of a man in Owo CommunityNkanu East Local Government Area, and were robbing him of his personal belongings.

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“Police operatives attached to the Amechi-Idodo Division, in conjunction with members of the Neighbourhood Watch Group, immediately mobilised to the scene and engaged the suspects. Upon sighting the operatives, the criminal suspects opened fire on the team. The operatives responded and neutralised one of the suspects, while others fled with varying degrees of gunshot injuries. One locally made double-barreled pistol loaded with one live cartridge was recovered from the neutralised suspect,” Ndukwe said.

Ndukwe said operational efforts have been intensified to arrest the fleeing suspects and recover additional exhibits, while investigations into both incidents are ongoing. “The Commissioner of Police, Enugu State Command, CP Mamman Bitrus Giwa has commended the operatives and members of the Neighbourhood Watch Group for their bravery, professionalism, and prompt response. He reiterated the Command’s firm resolve to protecting lives and property and urged citizens to continue providing credible and timely information to security agencies to enhance public safety,” the spokesperson said.

CP Mamman Bitrus Giwa has also emphasised the importance of sustained collaboration among security agencies as a critical requirement for effective security and public safety. While recently receiving the new Comptroller of the Nigeria Immigration Service (NIS), Enugu State Command, the police commissioner stressed that intelligence sharing, operational collaboration, and mutual support among sister security agencies remain paramount to combating crime and sustaining peace and security in Enugu State.

The Commissioner of Police has also called on operatives of the command to “police with human face and respect for human rights” during an interactive town hall meeting with security stakeholders and citizens. He urged his personnel to operate with utmost professionalism and firmness, adding that police operatives on stop-and-search duties are not permitted to intimidate, harass or search the phones of citizens without investigative justification.

Meanwhile, the Enugu State Government has dismissed as false and misleading reports circulating on social media platforms alleging that innocent citizens were attacked in Awgu, Awgu Council Area of the state. The state Commissioner for Information and Communication, Dr Malachy Agbo, disclosed in a statement on Monday that no such incident occurred anywhere in Awgu or any other part of the state, describing the report as a fabrication deliberately concocted by individuals seeking to misinform the public and create unnecessary panic. Agbo urged members of the public to disregard the misinformation and refrain from spreading unverified claims capable of causing fear and confusion among citizens. He reaffirmed the government’s unwavering commitment to the protection of lives and property, emphasising that the safety and well-being of Enugu people remained central to Gov. Peter Mbah’s transformational development agenda.

The successful operations have been widely praised by residents and security analysts, who note that the combination of intelligence-led policing, collaboration with local Neighbourhood Watch Groups, and sustained pressure on criminal networks is yielding positive results in the fight against kidnapping and armed robbery in Enugu State. The police command has urged citizens to continue providing credible and timely information to security agencies to enhance public safety across the state.

Enugu Police Kill Two Kidnappers, Recover AK-47 Rifle, Beretta Pistol in Separate Raids

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He Has Lost His Mind — Oyo Govt Slams Fayose Over School Kidnapping Claims

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“He Has Lost His Mind” — Oyo Govt Slams Fayose Over School Kidnapping Claims
Former Ekiti State Governor Ayo Fayose and Oyo State Governor Seyi Makinde

“He Has Lost His Mind” — Oyo Govt Slams Fayose Over School Kidnapping Claims

The Oyo State Government has responded strongly to allegations made by former Ekiti State Governor, Ayodele Fayose, over the recent abduction of pupils and teachers in the state, describing his comments as reckless, harmful, and capable of endangering lives.

Governor Seyi Makinde, through the state’s Commissioner for Information, Prince Dotun Oyelade, said Fayose’s remarks were unfortunate at a time when security agencies were working tirelessly to secure the release of those still in captivity. According to Oyelade, the former governor’s comments have shocked many Nigerians and amounted to an attempt to politicise a deeply sensitive security issue.

In a statement issued on Tuesday, Oyelade accused Fayose of displaying a troubling level of bitterness and hostility, adding that his remarks could undermine ongoing efforts by security operatives handling the kidnapping case. The statement read in part: “Nigerians are shocked by Fayose’s comment. He needs prayers. For a former governor to be so consumed by the politics of vindictiveness, vileness, deceit and hate, that he would further endanger the lives of those in captivity and distract security agents from handling this delicate job, smacks of one who has lost his mind.”

“Governor Makinde is too preoccupied with finding a solution to the challenges posed by the kidnappers of children and teachers in the state to engage someone whose lifestyle and comportment have been suspect over a long time,” the commissioner added. The Oyo State Government maintained that its attention remains focused on addressing the security situation and ensuring the safe return of all victims. It urged residents to remain calm and continue supporting the efforts of security agencies. Oyelade also recalled previous comments allegedly made by Fayose against the Oyo governor, suggesting that the former Ekiti governor had repeatedly sought to drag Governor Makinde into political controversies.

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The latest exchange follows comments made by Fayose during an interview on Channels Television’s Politics Today programme on Monday. During the interview, the former governor criticised Governor Makinde’s handling of the kidnapping incident and suggested that the abduction may have been politically motivated. Fayose further alleged, without presenting evidence, that the incident could have been orchestrated to embarrass President Bola Tinubu, a claim that has since generated reactions from political observers and government officials. “I sometimes believe that the abduction at Oyo School was orchestrated by the Oyo State Government to blackmail President Tinubu,” Fayose was quoted as saying. He also accused Governor Makinde of failing to respond promptly to the incident, claiming that the governor prioritised political activities over the crisis. “The governor of Oyo State had his nomination and that of his candidates in the face of this abduction. He did not take any action, no steps were taken. It was after those nominations that he went to the families to visit them,” Fayose said.

The abduction of pupils and teachers in Oriire Local Government Area has sparked concern across Oyo State, with many residents calling for stronger security measures to tackle the growing threat of kidnappings. The attack, which occurred on May 15, 2026, saw armed men raid Community Grammar SchoolBaptist Nursery and Primary School, and L.A. Primary School in a coordinated operation that sent shockwaves across the state. Approximately 46 pupils and teachers were abducted, including a two-year-old pupil and a school principal. Tragically, there have been reports that one of the abducted teachers was killed in captivity.

In response to the crisis, President Bola Tinubu has approved the immediate recruitment of 1,000 forest guards in collaboration with the Oyo State Government and deployed a specialised rescue team to the affected communities. The President also dispatched a high-powered delegation led by Chief of Staff Femi Gbajabiamila, which included the National Security Adviser Mallam Nuhu RibaduInspector-General of Police Tunji Disu, and Chief of Defence Staff General Christopher Musa. Addressing residents of the affected Esiele and Yawota communities, Gbajabiamila assured them that the President was “deeply troubled” by the incident and that the rescue operation would be “intelligence-led,” deploying both kinetic and non-kinetic measures to secure the safe return of the victims. The delegation also promised to forward a request for a military base in the area to the President for consideration.

Governor Makinde has also appealed to Nigerians to stop apportioning blame over the abduction, urging instead that citizens support government efforts to ensure the safe and speedy release of the victims. Addressing protesters comprising members of the National Association of Nigeria Students (NANS) , the National Union of Teachers (NUT) , and the Nigeria Labour Congress (NLC) in Ibadan, the governor disclosed that federal security operatives had been in the state for the past two weeks and that he meets with them at least three times daily to review rescue efforts. “This is not the time to trade blames,” Makinde said. “It is time to unite, to confront the challenges that we have and to bring back those children and their teachers.” The abduction has now entered its third week, with the whereabouts of the victims still unknown, leaving families trapped between hope and uncertainty as security agencies race to secure their freedom.

The exchange between Makinde and Fayose has generated heated debates on social media, with Nigerians divided over the former governor’s allegations. Some have questioned the timing of the abduction, which coincided with heightened political activity in the state, while others have dismissed Fayose’s claims as politically motivated and lacking evidence. Meanwhile, the Oyo State Government insists that efforts are ongoing to secure the release of the victims and restore confidence in the state’s security architecture.

“He Has Lost His Mind” — Oyo Govt Slams Fayose Over School Kidnapping Claims

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Fayose Links Wike to Oyo School Kidnapping Crisis, Faces Rebuttal from Aide

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Fayose Links Wike to Oyo School Kidnapping Crisis, Faces Rebuttal from Aide

Fayose Links Wike to Oyo School Kidnapping Crisis, Faces Rebuttal from Aide

Isaac Fayose, a prominent businessman and political commentator, has ignited a fresh firestorm by calling for an immediate investigation into comments allegedly made by the Minister of the Federal Capital Territory (FCT), Nyesom Wike, following the recent kidnapping of schoolchildren and teachers in Oyo State.

In a video that has since gone viral on social media, Fayose accused Wike of making a disturbing threat against Oyo State months before the abduction. He urged Nigeria’s security agencies – including the police and the Department of State Services (DSS) – to question the former Rivers State governor and clear public doubts.

Fayose recalled a previous political disagreement between Wike and Oyo State Governor Seyi Makinde, during which the FCT minister allegedly declared: “I will put fire in Gov Seyi Makinde’s Oyo State.” According to Fayose, the timing of the kidnapping – which occurred the same week Makinde was reportedly set to announce his presidential ambitions – is deeply suspicious.

“The incident happened around a period of heightened political activity, including discussions about Governor Makinde’s succession plans. Wike’s remarks and the timing of this abduction should not be ignored,” Fayose said in the video. He further claimed that after the kidnapping, Wike allegedly made additional comments mocking Governor Makinde, a development Fayose described as “disturbing.”

While stopping short of presenting any direct evidence linking Wike to the crime, Fayose insisted that the circumstantial case is strong enough for security intervention. “If our institutions are functioning effectively, the police and DSS would have invited Wike for questioning. The public deserves reassurance,” he argued.

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Fayose also dismissed counter-allegations from some political quarters suggesting that Governor Makinde could have orchestrated the kidnapping. He called such claims “unreasonable and insensitive,” given the gravity of the incident – which involved dozens of young pupils and teachers. He additionally referenced security challenges that plagued Rivers State during Wike’s tenure as governor, urging Nigerians to pay closer attention to statements made by influential public office holders.

The allegations have drawn a fierce response from Lere Olayinka, Senior Special Assistant to Wike on Public Communication and New Media. Olayinka dismissed Isaac Fayose’s claims with a personal attack, describing Fayose as a “weed smoker” and “drug abuser.” He advised the commentator to focus on his health and warned him to be mindful of the National Drug Law Enforcement Agency (NDLEA).

In a separate statement addressing the broader Oyo security crisis, Olayinka charged Southwest governors – not Wike – with responsibility for regional insecurity. He cited former Ekiti Governor Ayo Fayose (Isaac’s brother) as having taken proactive security measures, contrasting this with current leaders whom he accused of “playing politics of emotion and sentiments.” Notably, neither Wike nor his official spokespersons have directly addressed the specific allegation that he threatened to “put fire” in Oyo State.

The Oyo school kidnapping occurred on May 15, 2026, when armed men raided Community Grammar SchoolBaptist Nursery and Primary School, and L.A. Primary School – all located in Oriire Local Government Area of Oyo State. Scores of pupils and teachers were abducted in the coordinated attack.

In response to the crisis, President Bola Tinubu has approved the recruitment of 1,000 forest guards for Oyo State, ordered the deployment of a specialised rescue team, and sent a high-powered delegation led by Chief of Staff Femi Gbajabiamila to the affected communities on May 30, 2026. Gbajabiamila assured residents that the President is “deeply troubled” and committed to securing the safe return of all victims. The delegation also promised to forward a request for a military base in the area to the President for consideration. The rescue operation, according to Gbajabiamila, will be “intelligence-led” and deploy “both kinetic and non-kinetic measures.”

The clash between Isaac Fayose and Wike’s camp has generated heated online debates, with supporters and critics of both politicians flooding social media platforms. Some users have called for a transparent investigation into the alleged threat, while others have dismissed Fayose’s claims as politically motivated.

Fayose Links Wike to Oyo School Kidnapping Crisis, Faces Rebuttal from Aide

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