Comedian, Oluwadolarz arrested over links to fraudulent Ponzi scheme

Lagos State Police have arrested an Instagram comedian and skit-maker, Ogunleye Babatunde, popularly known as Oluwadolarz, for endorsing and advertising a Ponzi Scheme company, RackSterli, which has allegedly defrauded Nigerians.

Oluwadolarz was invited by the Area J Police Command in the Ajah area of Lagos State on Thursday and was released after interrogation.

The comedian has publicly influenced and endorsed RackSterli, owned by one Chidi known as Blackgold.

In a video made at the police station, the comedian was exchanging words with a policemen while trying to explain that he would have to see his lawyer on the matter

I will consult my lawyer and I’ll cross-check the record. Let me talk now,” Oluwadolarz said.

But one of the policemen in the station retorted; “Are you shouting on me? Are you crazy You said I’m shouting on you. Are you mad?”

It was gathered that clients who invested in the scheme without getting returns since last year made complaints to the police.

On Thursday, before his arrest, Oluwadolarz made a video running and lamenting on a Lagos highway that the policemen tried to stop and arrest him.

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