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EFCC invites victims of CBEX fraud

EFCC invites victims of CBEX fraud

The Economic and Financial Crimes Commission (EFCC) has invited Nigerians who lost money to the fraudulent crypto currency trading platform, Crypto Bridge Exchange (CBEX), to report at its zonal directorates in Ibadan and Lagos.

The Commission is currently prosecuting three suspects – Adefowoara Abiodun Olanipekun, Otorudo Avwerosuo, and Ehirim Justice Chukwuebuka, over their alleged involvement in the scheme.

According to EFCC spokesman, Dele Oyewale, CBEX lured investors with promises of unrealistic returns, leading to huge financial losses for many Nigerians.

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“Victims who invested through individuals linked to CBEX offices in Ibadan and Idimu, Lagos, are urged to assist on-going investigations by reporting to the Ibadan Zonal Directorate, 164, Reverend Oyebode Crescent, Iyaganku, Ibadan, Oyo State and Lagos Zonal Directorate 2: 7A, Okotie-Eboh Street, Ikoyi, Lagos,” he said.

The Commission said the step became necessary to ensure justice for the victims and strengthen its prosecution efforts.

EFCC invites victims of CBEX fraud

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