Connect with us

    Hi, what are you looking for?

    News

    CBEX Fraud: EFCC Seeks Testimonies from Victims

    Economic and Financial Crimes Commission (EFCC) has invited Nigerians who fell victim to the fraudulent cryptocurrency platform, Crypto Bridge Exchange (CBEX), to report at its zonal offices in Ibadan and Lagos to support ongoing investigations.

    The agency extended the invitation in a statement issued by its Head of Media and Publicity, Dele Oyewale, in Ibadan, Oyo State, on Friday, August 23.

    “The EFCC is currently prosecuting three suspects namely Adefowora Olanipekun, Otorudo Avwerosuo, and Ehirim Chukwuebuka over their alleged involvement in the scam.”

    According to the anti-graft agency, CBEX lured unsuspecting investors with promises of unrealistic returns, causing significant financial losses to many individuals.

    The commission urged victims to come forward, saying, “In view of the foregoing and the need to assist the commission in its ongoing investigation, the EFCC is inviting victims who invested their funds through individuals linked to the CBEX offices in Ibadan and Idimu, Lagos, to report to its Ibadan Zonal Directorate and Lagos Zonal Directorate 2.”

    The digital trading platform collapsed in April this year with its victims losing over N1 billion in investment.

    Spread the love
    Click to comment

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    ad

    You May Also Like

    News

    Let’s face it: life gets busy, and juggling work, wellness, beauty, and errands can feel like a never-ending to-do list. Enter Meta AI- your...

    Tech

    Federal Government has commended  Moniepoint Inc for its transformative role in Nigeria’s agricultural sector, particularly in showcasing the resilience of the Northeast’s agricultural value...

    Entertainment

    Big Brother Naija Season 10 is now in its fourth week, and it’s already been a rollercoaster, packed with unexpected twists, bold new strategies,...

    Tech

    T2, Nigeria’s leading digital lifestyle partner, proudly announces the launch of its revolutionary electronic Know Your Customer (eKYC) SIM Registration Web App—a first-of-its-kind solution...