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Too Good to Be True
In just 6 months, Dominic Joshua of Brisk Capital had diverted over $4m (two billion naira) from over 500 investors to whom he promised up to 60% return on investments plus a guarantee of the invested principal. According to reports, Dominic had represented his business as a hedge fund dealing in cryptocurrency, real estate, forex trading, and as a licensee to a global designer brand.
Dominic’s story is yet another strand in the never ending story of such schemes, but things aren’t always as they seem.
A Stupid Plan
Many years ago, I promised a stranger 20% return per month on a real estate investment I put together. She didn’t make that investment because she considered it too good to be true. In hindsight, I am grateful that she didn’t. Seeing pictures of Dominic Joshua plastered all over the internet holding a board on which his crimes are written in permanent ink, it wasn’t hard to imagine what would have happened to me had that woman made that investment. Declining to give me her money saved me from many other bad decisions in the future.
The year was 2010. I had just returned to Lagos from a 2-week, televised expedition in the heart of the Sahara…
