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CBEX Scam: EFCC Declares Four Wanted

The Economic and Financial Crimes Commission EFCC has declared four persons wanted in connection with the Cryptobank Exchange (CBEX) Scam.

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The Economic and Financial Crimes Commission EFCC has declared four persons wanted in connection with the Cryptobank Exchange (CBEX) Scam.

The suspects include; Seyi Oloyede, Emmanuel Uko, Adefowora Oluwanisola and Adefowora Abiodun Olanipekun.

CBEX is one of Nigeria’s worst digital financial fraud with investors losing an estimated N1.3 trillion. The platform promised 100% returns but collapsed in April with investors denied access to their funds.

The platform advised investors to pay $100 to access $1000 and $200 to unlock $2000 and above.

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