Chinmark Returns Two Years After Disappearing With Billions Of Investors’ Funds

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Marksman Ijeomah, the owner of the controversial Chinmark Group, has re-emerged two years after vanishing with billions of naira belonging to numerous investors.

The investment company, which became notorious in 2022 for its inability to refund thousands of investors, had remained silent since then. Many Nigerians expressed outrage and demanded their money, but no refunds were issued.

At 12:03 PM on Wednesday, the company made a surprising announcement on its Facebook page with a post titled “A New Dawn for Chinmark Group.”

“We are back, stronger and more dedicated to our mission of creating impactful solutions and empowering communities. With fresh vision and renewed commitment, we’re building a brighter future — together. Through hardships to the stars. Join us on this journey. The future awaits!” the post read.

A few hours later, Chinmark Group made two additional posts, urging Nigerians to “follow us as we build a brighter future through global investments and community empowerment.”

While the comments on these posts were locked, they attracted thousands of reactions on Facebook. The same messages appeared on the Instagram account of Marksman Chinedu Ijeomah, the Chief Executive Officer of Chinmark Group.

Notably, the UK number (+44 7897 014077) listed on the company’s Facebook page is the same as the one on Ijeomah’s Instagram account.

A screenshot reportedly from Ijeomah’s account has also been circulating online. The message reads: “Your N10m gives you N480,000 monthly in Chinmark partnership. Let me be your manager 09084442018.”

Chinmark’s Troubled Past
In March 2022, Chinmark Group faced intense backlash for failing to pay its investors.

The Securities and Exchange Commission (SEC) had already flagged Chinmark Group and its associate, FINAFRICA Investment Ltd., as illegal investment companies in December 2021. This led to the freezing of the company’s bank accounts.

By February 2022, disgruntled investors began demanding their funds. Chinmark Group assured them of payments by March 19, 2022, but failed to meet the deadline. Instead, the company released a statement claiming it had started processing payments and appealed for patience.