News

EFCC Declares Founder of InksNation Wanted

The Economic and Financial Crimes Commission (EFCC) has declared Omotade-Sparks Amos Sewanu of InksNation wanted for an alleged fraud worth N32 million while floating a digital currency called “Pinkoin”.

The EFCC, in an advertorial published by The Nation newspaper on Wednesday, also accused Sewanu of obtaining money under false pretence and name-dropping.

Sewanu has been claiming he would eradicate poverty in Nigeria in six months by paying every citizen N120,000 per month on the InksNation project that started in 2019.

In a letter he wrote to EFCC, he stated that even newborn babies who were born every day could earn as much as N120,000 daily if his idea was allowed to stand.

He went further in a tweet by the official account of InksNation to claim that if his mission failed in less than a year, he should be sentenced for life imprisonment.

The Stakeholders in Blockchain Technology Association of Nigeria (SIBAN) in June labelled InksNation’s purported crypto coin, Pinkoin, a scam.

SIBAN warned that “members of the blockchain community and the general public should beware of the InksNation project.

“We have labelled it a scam because it has a Ponzi scheme model, whether the promoters and followers concede to this reality or not.

“Sooner or later, the promoters and their followers will come to realise this, if they do not already do,” the association said.

A report by BusinessDay estimated that “nearly 200,000 Nigerians – with over 5,000 people active, daily – still claim membership of a Telegram group created by InksNation.”

No part of this publication may be reproduced, distributed or transmitted in any form or by any means without proper attribution to HumAngle, generally including the author's name, a link to the publication and a line of acknowledgement.

Related Articles

20 Comments

  1. Nigerians are under attack by different styles of scammers. INKSNATION is something that needs to investigate roughly to prevent Nigerians been a victims. God bless EFCC nigeria.

  2. It’s a fake news and those behind this evil alleged should be very careful bcos they’re writing to the Lord angry. Inksnation founder is a purely and genuine person.

  3. Our leaders are 100% scammers. Are the participants complaining to you SIBAN?
    There are some persons out there that never want citizens of this nation to live a nice life. Having financial freedom is their enemy. Why it is that SIBAN does not tag Forsage or Fortron and others as a scam? Because they came from a white man right. No wonder the government of Nigeria does not patronize Innoson.

  4. And how does he scam people of 32million Naira? Cause am not seei g any break down or analysis of how he scammed people of 32million.

    Inksnation has been a source of income to me as a student. People are using their coin to buy goods in different states and yet it’s a scam.

    If inksnation founder is a scammer, what about the EFCC former chairman?
    EFCC gan na scam

  5. UniversalDaddyInk:
    THEY SAID WE ARE WANTED

    FOR WHAT EXACTLY?

    ARE WE WANTED FOR GIVING THE DOWNTRODDEN HOPE?

    OR WANTED FOR PROVIDING JOBS FOR MORE THAN 200,000 NIGERIANS ?

    ARE WE WANTED FOR SHOWING NIGERIA A PART TO GO?

    OR FOR PUTTING FOOD ON THE TABLE OF MANY?

    OR GIVING NIGERIA THE CHANCE TO BECOME THE GIANT OF THE WORLD WITH OUR BLOCKCHAIN?

    OR ARE WE WANTED FOR PUTTING SMILES ON PEOPLES FACES?

    MANY OF YOU DON’T KNOW WHAT WE HAVE BEEN GOING THROUGH JUST TO MAKE YOU HAVE A BETTER LIFE. YOU COME IN HERE WHINE AND WHINE.

    DO YOU KNOW THAT MY ACCOUNT AND UMIs AND IBSMARTIFY ACCOUNT HAS BEEN BLOCKED SINCE JULY UP TILL DATE. THIS IS THE FIRST TIME I WILL OFFICIALLY ANNOUNCE IT BECAUSE NO MATTER WHAT THERE IS NO EXCUSE FOR OUR PROJECT NOT TO SUCCEED. WE DIDN’T GIVE EXCUSE BECAUSE OF THAT BECAUSE WHETHER WE LIKE IT OR NOT INKSNATION MUST SUCCEED. WHETHER YOU LIKE IT OR NOT.

    SO AS YOU ARE PAYING MONEY INTO IT WE CAN’T DO ANYTHING.
    BUT GOD DIDN’T SHAME US IN AUGUST NEITHER WILL HE SHAME US IN NOVEMBER.

    JUST KNOW THAT IF I DIE TODAY SELF I KNOW I HAD ACHIEVED GREAT THINGS UNIMAGINED.

    IMPATIENCE AND UNBEARABILITY AT TIMES CAUSES ALOT OF ISSUES FROM MEMBERS

    JUST KNOW THAT

    THIS TOO SHALL PASS SURELY.

    UDI

    percyigwe (SPAIN):
    DADDY THEY HAVE FAILED,
    WE ARE GLOBAL ALREADY I MEAN INKSNATION DAO FOUNDATION IS ALREADY SALING GLOBALLY ,
    SO THE GOVERNMENT OF SO CALLED EFCC HAS NOTHING TO DO TO YOU ,
    WE MOVEEEEE WE MOVEEEEE

    igwegodfirst (Rivers State):
    WE are wanted because we dared to eradicate poverty in one of the poorest countries in the world, when the government itself is hauling palliatives from its people.

    The same people will laud and worship the politicians while mocking those who truly want the best for them.

    May we focus on generations to come.
    What i do i do for the unborn generations, for the current generation is at the mercy of God.

    God bless inksnation. God bless UDI. God bless all his Universal children.

    For we shall rise above all our challenges and our enemies shall watch in despair

  6. God punish ALL THE EFCC liars that are CRIMINALS, even the chairman. You are scammers and you want to catch someone who takes priority in seeing Nigerians smile.

    The only thing that you EFCC knows is to catch people, when you yourself are thief’s…

    Other countries that have good leaders have accepted INSKNATION FULLY.
    I don’t blame you fools, is it not stupid uneducated Mallams that are controlling you fools…

    INSKNATION IS A SUCCESS WHETHER YOU FOOLS ACCEPT IT OR NOT…

    Before you declare OMOTADE SPARK wanted, who came out openly without hiding. 1st go and fish out your corrupt leaders who are WHOREMONGERS.

    YOU EFCC ARE NOT QUALIFIED TO MAKE HIM WANTED. YOU ALL ARE THIEFS

  7. Government are not giving a helping hand to alleviate the suffering of her citizens. Please he should be given the benefit of doubt first of else government is trying to trigger another unrest.

  8. Inksnation is not scam Nigerian government don’t just want to see it’s citizens out of the shackles of poverty

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button
Translate »