EFCC declares four wanted over involvement in CBEX Ponzi scheme
The Economic and Financial Crimes Commission (EFCC), on Friday, declared four persons wanted over the CBEX Ponzi scheme that swindled thousands of Nigerians out of their money.
With their photographs published, the anti-graft agency declared Seyi Oloyede, Emmanuel Uko, Adefowora Oluwanisola, and Adefowora Abiodun Olaonipekun wanted in a post via its official X handle on Friday.
“The public is hereby notified that the persons whose photographs appear above are wanted by the Economic and Financial Crimes Commission (EFCC) for fraud allegedly perpetrated on an online trading platform called Crypto Bridge Exchange (CBEX),” the anti-graft agency declared.
It added, “Anybody with useful information as to their whereabouts should please contact the Commission in its Ibadan, Enugu, Kano, Lagos, Gombe, Port Harcourt.”
This followed the crash of the CBEX Ponzi scheme, which saw thousands of Nigerians lose their money.
On Thursday, the Abuja Division of the Federal High Court gave the EFCC the go-ahead to arrest and detain six promoters of Crypto Bridge Exchange (CBEX) over alleged investment fraud to the tune of over one billion dollars.
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette
Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices
Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”
Politics
Nasarawa senator Ogoshi Onawo dumps ADC for APM
Mr Onawo said his resignation from the ADC took effect from June 15, after careful reflection and extensive consultations.
Health
Ogun assembly passes safe pregnancy termination bill for second reading
Mr Elemide said the legislation was intended to reduce preventable maternal deaths while promoting safe motherhood and reproductive health rights.
Economy
Investors gain N1.86 trillion as stock market extends rally
Market capitalisation rose by 1.24 per cent, or N1.864 trillion, to close at N152.135 trillion, up from N150.271 trillion.
Abuja
Court adjourns trial of six alleged coup suspects until July 20
The case could not proceed after repeated disputes over the interpretation of the sixth defendant’s testimony.
States
NDLEA arrests 42 suspects, destroys three cannabis farms in Edo
The commander said the agency also secured the conviction of 10 drug offenders.
Heading 4
Tinubu inaugurates presidential committee on national policing bill
“The constitution amendment bill establishes the framework for dual policing, but it does not operationalise it. That work is left to the national policing bill,” he said.
