Connect with us

    Hi, what are you looking for?

    E-Financial

    Zenith Bank Dissociates Jim Ovia From ‘Fraudulent’ A I Investment Scheme

    Zenith Bank Plc has cautioned the public against fraudulent videos circulating online falsely claiming that Group Chairman Dr. Jim Ovia endorses an investment scheme called “Wealth Bridge.”

    Zenith Bank Dissociates Jim Ovia From ‘Fraudulent’ A I Investment Scheme

    Jim Ovia

    In a disclaimer issued Tuesday by its management, the bank described the videos—circulated via the “Greece Island” Facebook handle—as entirely fake, doctored content bearing no connection to Dr. Ovia, the bank, or its affiliates.

    Read Also: Zenith Bank to Raise N290 Billion in Fresh Capital via Rights Issue and Public Offer

    The materials falsely promise up to N2 million in weekly returns for a N380,000 investment, while baselessly alleging Central Bank of Nigeria (CBN) endorsement and redirecting viewers to a sham “Arise News” webpage with a signup portal.

    “Our attention has been drawn to a doctored video and still pictures currently circulating on social media, purporting to depict the Group Chairman of Zenith Bank Plc (‘the Bank’) as endorsing an investment scheme called ‘Wealth Bridge’ on the ‘Greece Island’ Facebook handle and soliciting members of the public to engage in a business relationship with the so-called entity,” the statement read.

    “This claim is entirely false and has no connection whatsoever to the Group Chairman, the Bank or any of its affiliate companies.”

    Read Also: Zenith Bank Top Nigerian Bank Pick Ahead of GTCO, AccessCorp

    Zenith Bank stressed that Dr. Ovia and the institution have no knowledge of or partnership with “Wealth Bridge,” “delicious sitee,” “AfriQuantumX,” “Stock market analyst 1,” or related entities. The public was warned that dealing with these schemes carries full personal risk.

    Ravenewsonline urges vigilance against rising impersonation scams targeting financial institutions.

    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    Your email address will not be published.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

    News

    National Information Technology Development Agency (NITDA) has formally taken over the Nigeria Government Enterprise Architecture (NGEA) Portal, in a major step toward unifying and...

    News

    National Centre for the Control of Small Arms and Light Weapons (NCCSLAW) on Friday destroyed over 2,800 illicit firearms in its fifth arms destruction...

    News

    The world’s internet population has grown by more than 240 million people in 2025, bringing the total number of users to six billion, according...

    News

    Nigerian Content Development and Monitoring Board (NCDMB) has been named a Local Content Partner at African Energy Week (AEW) 2026, in a move that...