November 27,2022

The police authorities in Nigeria have declared Victora Yemisi Imasi, the millionaire chief executive officer of Yellow Point Media, wanted for offences bordering on fraud, obtaining by false and stealing.

In a special bulletin, the police said the decision to put the 46-year old media professional on its wanted list followed a warrant of arrest issued by a Lagos State Magistrate Court.

It is, however, not clear whether there is any reward for anybody with useful information on the whereabouts of the suspect

FIJ learnt that Imasi had been accused of defrauding over 6000 Nigerians of over N10 billion following social media adverts by Yellow Point Media Enterprise and Yellow Point FT International Ltd., the investment companies owned by her, in 2021.

According to Nairametrics, the fraudulent activities of Imasi, through her companies, led Chive GPS, a debt recovery organisation, to put up a criminal complaint dated July 16, 2021.

As of the time of filing this report, a public interest petition against Imasi had received 691 signatures.

Recounting his family’s loss to the forex investment scheme floated by Imasi, one Joseph Boniface, in a comment under the petition, claimed that his family lost over N30 million.

FIJ gathered that the investment companies are located at 17 Iyalla Street, behind Shoprite, Alausa, Ikeja.