The convener, Saminu Waziri, said in a news release on Wednesday that the group has received several pleas and grievances from investors, numbering in the dozens.
Despite receiving numerous requests over the years, the activist questioned why the anti-graft agency had not yet taken decisive action against the Abuja-based real estate corporation.
According to Waziri, the inability of pertinent government agencies to carry out their duties in a proactive manner and to guarantee justice will only "create an environment where anything goes."
Law police and local residents are aware of this issue. The EFCC's Land Fraud Unit was established in part because of a land promoter who was charged with fraud in 2003 by then FCT Minister Nasir El-Rufai, he said.
Regretfully, the promoters continue to hunt with the help of FCT officials and other agencies. We are aware that they are hiring a business to place billboards advertising Promiseland Estate in some of Abuja's most prominent areas, such as Kugbo District.
"A part of the land that the Federal Capital Development Authority (FCDA) had controversially given to Sunrise Estate Development Ltd. more than 20 years ago was given to Praco Nigeria International Ltd. during the previous leadership of the FCT Ministry."
"The land in question was reverted to its legitimate owner after the former FCT Minister left office. The fact that all of these things are taking place notwithstanding a court injunction against the firm is odd.
"We now request that the EFCC thoroughly investigate the petitions concerning Promiseland Estate and its owners in order to protect innocent and unwary persons from additional losses.
"We also urge all complainants, whether in Abuja or elsewhere in the nation, to come into EFCC offices as soon as they can and provide documentation that will help detectives conduct a comprehensive inquiry.
The statement further said, "The Fraud Awareness Coalition calls on potential land purchasers to exercise due diligence by conducting a thorough background investigation on businesses before giving up their hard-earned money."