The victims of the cryptocurrency fraud by Crypto Bridge Exchange have been invited by the Economic and Financial Crimes Commission (EFCC) to report to the commission’s Lagos and Ibadan Zonal Directorates offices, respectively, to help in the ongoing investigations.
Dele Oyewale, Head of the Commission’s Media and Publicity unit, made this disclosure in a statement at Ibadan, the Oyo State capital.
Oyewale said, “The EFCC is currently prosecuting three suspects, namely Adefowora Olanipekun, Otorudo Avwerosuo, and Ehirim Chukwuebuka, over their alleged involvement in the scam.”
The Commission explained that CBEX lured unsuspecting Nigerians into investing their funds with the promise of unrealistic returns, resulting in serious financial losses for many, reports Saturday Independent.
“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 statement added.
It would be recalled that several 600,000 Nigerians lost huge sums of funds to CBEX after its so-called collapse, totalling N1.3 trillion. The owners just vanished from the Nigerian scene, leaving sorrow, tears and blood in their wake.
CBEX had operated without a licence from the Securities and Exchange Commission, despite aggressively soliciting public funds and promising outrageous returns of 100 per cent in 30 days.
The CBEX fiasco is not an isolated event. It is just the latest in a long list of elaborate Ponzi schemes and scams set up to fleece the gullible and the greedy.
