Lola Tech Explained

All he bought with the money was 2 cars and one low quality house. The rest he spent it on gambling, carrying women, his wife, and he was a good guy on his street. They said he usually kiII ram/cow for them there. He also sold all of these things after he went broke. So, right now, he’s left with nothing.

So, in 2024, I was scammed after I invested 180M into a tech idea. Someone I know introduced me to a guy, we met, he looked decent, my lawyer was there. The idea made sense to me, the return was tempting too, and he showed me some things which made me believe in the idea more. Also, it was not an idea he’s starting newly, so it’s something I’m coming in to join. Gave him the money. Only for me to later start hearing stories when it was time to pay back and he kept on coming back requesting for more money to fix the mess on ground. Later on, I realized he wasn’t even the developer of the so called project. He had a developer, a childhood friend, and all money for this project was sent to him. I also got to know this same guy who I met had invested over 120M into the same project before meeting me. So, the developer guy, who goes by the name Blessing built a scheme to scam his childhood friend, emptied his bank account, sold him lies and pushed him into a lot of debts, he changed environment too, so the guy I met couldn’t really see how he was living his life. I tried to be patient about it just because I understand the law, I didn’t even go after them til this year, I just kept on hearing stories since December 2024 til April this year. So, early April, I reported to the police. They started working, they went after the guy who I met, the one I had a deal with. He explained himself, they investigated him and saw he sent all money to the childhood friend as claimed. But the childhood friend told him he was in china since 2025, meanwhile he had to move from Lagos to Ibadan just so he isn’t seen while he was living lavish there with his wife. I told the police he’s in china, what do we do? One of them said he believes he’s in Nigeria, so I was like let’s try then. At the end, they tracked him and saw he was in Ibadan. They went after him. He was picked, interrogated, investigated and found guilty. He scammed his friend, a total of over 360M Naira which my money in it was 180M, unfortunately. So, he and his family started begging. Court process started even though it’s been slow. He’s been granted bail since July, but he’s been unable to meet his bail conditions, reason he was remanded in Kirikiri. Next court day, January next year. So, he wasn’t arrested for borrowing money, but for theft/scam. Also, he’s spent all the money, he’s now empty. So, instead of me giving myself false hope that he will make 360M and pay back, it’s better he faces the law.