By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
NewsunplugNewsunplugNewsunplug
  • Home
  • News
  • Politics
  • Metro
  • Entertainment
  • Sports
  • Lifestyle
  • Journal
Reading: EFCC invites CBEX victims to assist with investigations
Share
Notification Show More
Font ResizerAa
Font ResizerAa
NewsunplugNewsunplug
  • Home
  • News
  • Politics
  • Metro
  • Entertainment
  • Sports
  • Lifestyle
  • Journal
Search
  • Home
  • News
  • Politics
  • Metro
  • Entertainment
  • Sports
  • Lifestyle
  • Journal
Have an existing account? Sign In
Follow US
Newsunplug > Blog > News > EFCC invites CBEX victims to assist with investigations
News

EFCC invites CBEX victims to assist with investigations

Godson
Last updated: August 24, 2025 7:20 am
Godson
Published: August 24, 2025
Share
SHARE

The Economic and Financial Crimes Commission (EFCC) has invited Nigerians who fell victim to the fraudulent cryptocurrency platform, Crypto Bridge Exchange (CBEX), to report at its zonal offices in Ibadan and Lagos to support ongoing investigations.

The agency extended the invitation in a statement issued by its Head of Media and Publicity, Dele Oyewale, in Ibadan, Oyo State, on Friday, August 23.

“The EFCC is currently prosecuting three suspects namely Adefowora Olanipekun, Otorudo Avwerosuo, and Ehirim Chukwuebuka over their alleged involvement in the scam.”

According to the anti-graft agency, CBEX lured unsuspecting investors with promises of unrealistic returns, causing significant financial losses to many individuals.

The commission urged victims to come forward, saying,

“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 digital trading platform collapsed in April this year with its victims losing over N1 billion in investment.

 

You Might Also Like

Doctors In Diaspora Petition National Assembly Over Anti-Migration Bill
African presidents traveling to meet Putin to ask for withdrawal of Russian troops from Ukraine, new report claims
Israel-Hamas War: I’m disappointed in myself’ – US president Joe Biden apologizes to group of Muslim Americans after dismissing Gaza death toll
Donald Trump thanks former British Prime Minister Boris Johnson for denouncing his convictions
Borno Assembly member-elect, Nuhu Clark dies in India

Quick Link

  • My Bookmark
  • Interests
  • Contact Us
  • Blog Index
Share This Article
Facebook Twitter Email Print
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0

Recent Posts

  • Troops k!ll terrorists buying food in Sokoto market
  • Police arrest six for transformer theft in Niger State
  • #BBNaija 10: Why I can’t kiss on national TV – Mide
  • #BBNaija 10: Kulture touches me inappropriately at night – Tracy alleges
  • I haven’t moved on from the trauma – Nigerian man discovers he’s not the biological son of the man he thought was his father after DNA test

Recent Comments

No comments to show.

Categories

  • ES Money
  • U.K News
  • The Escapist
  • Insider
  • Science
  • Technology
  • LifeStyle
  • Marketing

About US

We influence 20 million users and is the number one business and technology news network on the planet.
Quick Link
  • My Bookmark
  • Interests
  • Contact Us
  • Blog Index
Top Categories
  • My Bookmark
  • Interests
  • Contact Us
  • Blog Index

Subscribe US

Subscribe to our newsletter to get our newest articles instantly!

[mc4wp_form]

Top Categories

  • Entertainment

Categories

  • ES Money
  • U.K News
  • The Escapist
  • Insider
  • Science
  • Technology
  • LifeStyle
  • Marketing

About US

We influence 20 million users and is the number one business and technology news network on the planet.
Quick Link
  • My Bookmark
  • Interests
  • Contact Us
  • Blog Index
Top Categories
  • My Bookmark
  • Interests
  • Contact Us
  • Blog Index

Subscribe US

Subscribe to our newsletter to get our newest articles instantly!

[mc4wp_form]
© 2023 Newsunplug | All Rights Reserved.
adbanner
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?