What happened to Intelligence Prime Capital? Is it coming back?
By Gerald Louw · Last verified: July 2026 · How we verify
Collapsed Ponzi (March 2022) — any "relaunch" is a scam
Intelligence Prime Capital was a "forex trading" Ponzi that collapsed in March 2022, wiping out Nigerian investors at a scale later compared to MMM and CBEX. It is not coming back, there is no official recovery programme, and everyone offering IPC fund recovery or an IPC relaunch is running the follow-up scam.
Who you actually contract with
- ▸Never licensed by any regulator. Investigations (Punch Nigeria; NoGoFallMaga) found the platform was under a year old at collapse, had copied website content from a real broker, and operated from virtual offices.
- ▸The "trading bot" returns were fabricated — payouts came from new deposits, the definition of a Ponzi.
Verified findings — with sources
- Collapsed March 2022; losses reported in the billions of naira across victim groups (no official audit exists).
- Its collapse pattern was later repeated almost exactly by CBEX (2025) — the same playbook keeps finding new names.
- Persistent "IPC recovery" and "IPC relaunch" pitches circulate on WhatsApp/Telegram — these target the original victims a second time.
We publish only findings we verified against regulators' own releases, registers, or the broker's own disclosures — and we name the source. Unverified claims circulating online are excluded.
Before any money moves
- There is NO official IPC recovery process — anyone charging a fee to recover IPC funds is scamming you again
- The next IPC already exists under a new name: guaranteed weekly returns + recruitment bonuses = same scheme
Frequently asked questions
Can I get my money back from Intelligence Prime Capital?
Realistically, no — the scheme collapsed in 2022 with no licensed entity, no client-fund segregation and no official administration. Report to the EFCC if you haven’t, and treat every paid "recovery agent" as a second scam.
Is IPC coming back?
No. "Relaunch" messages are a standard follow-up fraud that reuses the victim lists. The operators of schemes like this resurface under new names, not old ones.
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