The Economic and Financial Crimes Commission (EFCC), Port Harcourt Zonal Directorate, has arraigned Precious Williams, a director of Glossolalia Nigeria Ltd and Pelegend Nigeria Ltd, over an alleged N13.8 billion Ponzi scheme fraud.
The arraignment took place before Justice S.I. Mark of the Federal High Court in Port Harcourt, Rivers State.
Williams is facing a 14-count charge bordering on conspiracy, obtaining money under false pretence, advance fee fraud, and money laundering.