NEWS: Activist Scott Iguma Alleges PWAN Land Scam on Instagram, Calls for EFCC Probe

 Between May and June 2025, social media activist Scott Iguma took to his Instagram account to accuse Property World Africa Network (PWAN) Group of operating a land-scam scheme. In a series of video reels and posts, Iguma claimed that PWAN was selling “receipts” to customers rather than allocating them actual parcels of land, and urged authorities to investigate the firm’s business practices .


In his initial post on May 7, Iguma referenced an earlier Securities and Exchange Commission (SEC) warning, asserting that PWAN’s buy-back model bore “all the hallmarks of a Ponzi scheme.” He went on to describe instances where clients who paid in full as far back as 2020 were yet to receive titles or site allocations. According to Iguma, multiple subscribers had been left in limbo with no recourse for withdrawals or refunds .


Iguma’s Instagram reel posted three days ago garnered over 3,600 likes and more than 200 comments, reflecting widespread public interest and concern. In that post, he urged dissatisfied clients to present evidence of their PWAN transactions and threatened to escalate the matter to the Economic and Financial Crimes Commission (EFCC) if PTAN failed to respond swiftly .


On May 16, Iguma announced that he had accompanied several aggrieved PWAN subscribers to lodge formal complaints with the EFCC. While some rival firms refunded their clients, he said PWAN had refused to settle any of the alleged “debts,” prompting him to maintain daily exposés until every outstanding issue was resolved .


As of late June, Iguma continues to document subscriber testimonies and unreturned payments on his Instagram feed, pressing both PWAN and regulatory agencies for transparency. He has called on the EFCC to “act quickly” to protect consumers and has encouraged other victims to share their experiences publicly under the hashtag #LandForLand .

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