It seems the Instagram account of Dubia-based Nigerian Instagram millionaire, Ismaila Mustapha popularly known as Mompha has disappeared.
When Nigeriatunes carried out series of routine check on the verified Instagram account, it was no longer available.
Mompha basically used the Instagram account to display his wealth and luxurious lifestyle just like his fellow Dubai-based friend, Hushpuppi.
Nigeriatunes reported that EFCC arrested Mompha on Friday 18, October 2019 on his way to Dubai from Nigeria. The agency arrested him for alleged involvement in internet-related fraud and money laundering.
EFCC said Mompha allegedly perpetrates his fraudulent activities under the guise of being a Bureau de Change operator.
According to the agency, investigations have revealed that Mompha is only using the BDC business, he jointly owned with his siblings, as a decoy to launder his proceeds of crime.
The ongoing investigation has led to the arrest of Mompha’s alleged Lebanese accomplice, Hamza Koudeih. Reports have it that EFCC arrested Hamza in his N1.8 billionaire Lagos home alongside two other suspects.
Before his arrest, the alleged fraudster used his Instagram account to flaunt his luxurious lifestyle.
He used to share pictures of himself wearing designer clothes, wristwatches, necklaces and flying first class around the world on the account.
At the time of publishing this report, no official statement from Mompha, EFCC nor Instagram officials on the reason behind the sudden disappearance of the account.