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The Track News Nigeria > Blog > Top Story > Investors burst into tears as unregistered firm disappears with depositors’ funds
Investors burst into tears as unregistered firm disappears with depositors' funds
Top Story

Investors burst into tears as unregistered firm disappears with depositors’ funds

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Last updated: December 11, 2025 9:32 pm
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Published: December 11, 2025
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Dozens of distressed Nigerians gathered outside the locked office of Amby Savings and Loan in Ikeja, the Lagos State capital after the unlicensed savings platform abruptly shut down.

The platform had allegedly disappeared with millions of naira belonging to investors just weeks before the holiday season.

READ ALSO: NELFUND Opens Student Loan Portal for Nigerian Students

A video from the scene shows a crowd of aggrieved customers.

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In a video circulating online, a woman is heard crying out for help in Yoruba as she films the deserted premises of the company.

A group of People cr!es out after an unregistered loan company known as “Amby Savings and Loan” allegedly disappeared with investors’ money😭💔🙆🏼‍♂️ pic.twitter.com/f33qZyoAqL

— Oyindamola🙄 (@dammiedammie35) December 11, 2025
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