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.

    Loading

    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    Your email address will not be published.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

    Sports

    FIFA has confirmed that a website checkout error resulted in dozens of fans receiving World Cup 2026 tickets without being charged. Football’s governing body...

    News

    About 85 global medical professionals, scientists and policymakers participating in the “Science of Defeating Malaria”, leadership development course and initiative from Harvard University, USA,...

    Sports

    Negotiations between Chelsea and Manchester City over the potential appointment of Enzo Maresca as the successor to Pep Guardiola have stalled amid a dispute...

    News

    Nigerian Communications Commission (NCC) has appointed Princess Oforitsenere Emiko as Interim Chairman of the Governing Board of the Digital Bridge Institute (DBI). The appointment...