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EFCC Invites Victims of CBEX Fraud to Aid Investigation

The Economic and Financial Crimes Commission (EFCC) has called on Nigerians who lost money to the fraudulent cryptocurrency platform, Crypto Bridge Exchange (CBEX), to report at its zonal offices in Ibadan and Lagos. According to EFCC spokesman Dele Oyewale, the platform lured investors with promises of unrealistic returns, leading to huge financial losses for many. The Commission is prosecuting three suspects — Adefowoara Abiodun Olanipekun, Otorudo Avwerosuo, and Ehirim Justice Chukwuebuka — over their alleged involvement in the scheme. Victims who invested through CBEX-linked offices in Ibadan and Idimu, Lagos, are urged to assist investigations by reporting to the EFCC Ibadan Zonal Directorate at 164, Reverend Oyebode Crescent, Iyaganku, Ibadan, or the Lagos Zonal Directorate 2 at 7A, Okotie-Eboh Street, Ikoyi. EFCC said the step was necessary to secure justice for victims and strengthen prosecution efforts.

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