Treasureline Interlink Limited stormed by soldiers and policemen

Treasureline Interlink Limited is one of the “wonder banks” in Nigeria, promising unusually high returns on investments. Apparently, not only civilians invest in these HYIP schemes, but soldiers and police men/women alike. According to a story by TheNews, some soldiers insensed by the fact that their “investments” had disappeared into thing air, stormed the offices of Treasureline Interlink Ltd:

More than 50 Soldiers and mobile policemen yesterday stormed the office of another wonder bank, Treasureline Interlink Limited, situated at Divine Favour Complex, another miracle bank, Adamasingba, Ibadan, Oyo State, to collect their money while a director of one of the miracle banks has been arrested.

On arrival, the soldiers found out that the management and staff of the company had ran away as they met the offices locked. The offices looked as if they had been deserted for a long period.

The soldiers, who came in a truck from 2nd Mechanized Division, Ibadan, were seen singing war songs, asking to be paid their money.

The bubble is bursting and the MD of TreasureLine Interlink has been arrested by the Police.

The Oyo State Police Command Public Relations Officer, Miss Okunwobi Olabisi, disclosed that the command was trying to rescue people from these fraudsters, stressing that the Managing Director of one of the wonder banks, Mr. Ileura Peter O. has been arrested in connection with the incident.

Indeed, Treasureline Interlink Ltd is one of the companies listed by Nigeria’s Security and Exchanges Commision (SEC), as being an illegal fund manager.

One thing I am sure of is this, the worst is yet to come.

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Oluniyi D. Ajao
Oluniyi D. Ajao is an Internet Entrepreneur and Tech Enthusiast based in South Africa. Follow him on twitter @niyyie for more tech updates.

3 Comments

  1. A lot of people (including me) made money from these wonder banks during the time the joy ride lasted but i have since moved to online MLMs and made approximately $13,000 under 23days in one of my favorites schemes and hopefully expecting $10,000 in 2 or 3 weeks time. About 50 members of my team have made between $2,250 and $13,000.

    Your earnings in MLM is proportional to the effort you put into it and you’ll also learn team work and marketing skills, anyone interested in knowing more can contact me via “obadaj1 @ gmail.com”, i spaced my email address to prevent spamming.

  2. I saw a comment on online forex trading in one of the threads here and decided to add this; Forex trading can make and break you but if you are serious about it and take your time to study/train youself (books, demo trading, classes), you will definately make a lot of money from it.

    My journey into the world of forex started early this year; I started live trading after 2 months intensive training and now make approximately between $500 and $700 per trading day though stopped recently and started online MLM (check my post on this above) because of my busy office schedule. I hope to go back to forex when on vac.

    Pls check http://www.dipotepede.com/2007/05/09/forex-everyone-is-talking-about-it/ for my write up on forex trading, almost everything i know about forex is there and several pple that used my method to successfully trade and make money online left about 200 comments below the write up.

    Happy trading.

    Email: “obadaj1 @ gmail.com”

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