Ogunleye Babatunde, also known as Oluwadolarz, an Instagram comic and skit maker, has been arrested for endorsing and advertising a Ponzi Scheme enterprise called RackSterli, which has allegedly duped Nigerians.


On Thursday, Oluwadolarz was summoned by the Region J Police Command in the Ajah area of Lagos State and freed after questioning.


The comedian has publicly influenced and endorsed RackSterli, owned by one Chidi known as Blackgold.

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In a video made at the police station, the comedian was exchanging words with a policemen while trying to explain that he would have to see his lawyer on the matter.

“I will consult my lawyer and I’ll cross-check the record. Let me talk now,” Oluwadolarz said.

But one of the policemen in the station retorted; “Are you shouting on me? Are you crazy? You said I’m shouting on you. Are you mad?”

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It was gathered that clients who invested in the scheme without getting returns since last year made complaints to the police.

On Thursday, before his arrest, Oluwadolarz made a video running and lamenting on a Lagos highway that the policemen tried to stop and arrest him.

In the video, he accused the policemen of trying to harass him as he ran beside a busy road, panting.

Watch Video below: