The Digest:
The EFCC has called on Nigerians who fell victim to the fraudulent Crypto Bridge Exchange (CBEX) platform to assist in ongoing investigations. The scam, which caused significant financial losses, has prompted the agency to act decisively.
Key Points:
- EFCC invites victims of the CBEX scam to report at its Ibadan and Lagos zonal offices.
- The investigation targets three suspects: Adefowora Olanipekun, Otorudo Avwerosuo, and Ehirim Chukwuebuka.
- CBEX promised unrealistic returns, causing over N1 billion in losses.
- Victims are urged to help with the investigation to ensure justice.
- The scam collapsed in April 2025, leaving numerous individuals financially impacted.
- The EFCC’s media spokesperson, Dele Oyewale, confirmed the call for victim assistance.
- CBEX's deceptive practices are a part of a broader trend of digital trading fraud in Nigeria.
As the EFCC pursues justice for the victims of CBEX, the agency is seeking more information to help track down and prosecute the culprits. The success of the investigation depends on the victim's cooperation.
Sources: Channels TV
