# The Downfall of Dozy Mmobuosi

An episode of [Patrick Boyle On Finance](https://invisiblenetwork.ai/podcast/1547740313), 29 Dec 2023, 26 min.

Audio: https://anchor.fm/s/fc0914e0/podcast/play/92761849/https%3A%2F%2Fd3ctxlq1ktw2nl.cloudfront.net%2Fstaging%2F2024-9-8%2F387759607-44100-1-0927f2d92656358d.mp3

Send us a textDozy Mmobuosi, the founder and CEO of Tingo Mobile has been accused by US Regulators of running a "staggering fraud."Tingo Mobile claimed to provide mobile phones to rural farmers in Nigeria and build a fintech super app. It quickly grew into a multibillion-dollar empire with a listing on New York’s Nasdaq stock exchange.Dr Dozy, the London-based tycoon attempted to buy the Premier League football team Sheffield United but struggled to prove his financial resources.It turns out ...

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