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CBEX fraud: EFCC urges victims to report at its Lagos, Ibadan offices with evidence

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The Economic and Financial Crimes Commission (EFCC) has invited victims of the fraudulent cryptocurrency platform, Crypto Bridge Exchange (CBEX), to come forward and provide evidence.

In a statement released on Friday, the EFCC’s Head of Media and Publicity, Dele Oyewale, announced that those who lost money to the scam should report to the commission’s zonal offices in Ibadan and Lagos to assist with the ongoing investigation.

Oyewale stated: “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.

“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 anti-graft agency said.

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