NEWS
EFCC declares four wanted over CBEX fraud

The Economic and Financial Crimes Commission, EFCC has declared four individuals wanted for their alleged involvement in a fraudulent scheme linked to an online trading platform known as Crypto Bridge Exchange, popularly known as CBEX.
In a public notice issued by the Commission on Friday, the suspects include Seyi Oloyede, Emmanuel Uko, Adefowora Oluwanisola, and Adefowora Abiodun Olaonipekun.
In the notice signed by the Head of Media & Publicity for the Commission, Dele Oyewale, the EFCC reaffirmed its commitment to tackling financial crimes, especially in the increasingly exploited crypto space.
They are accused of defrauding unsuspecting investors through the crypto platform.
According to the EFCC, Oloyede and Uko were last traced to No. 166, Idimu Egbeda Road, Lagos State.
Meanwhile, Oluwanisola and Olaonipekun were last known to reside at 13, Jimoh Odutola, Ogungpa, Ibadan, Oyo State.
The commission has urged members of the public with any useful information regarding the whereabouts of the suspects to reach out to the EFCC through its offices in Ibadan, Enugu, Kano, Lagos, Gombe, Port Harcourt, or Abuja.
ASIWAJU MEDIA reports on Thursday that the Federal High Court in Abuja granted the EFCC the authority to arrest and detain six individuals allegedly linked to CBEX fraud involving over $1 billion.
Justice Emeka Nwite issued the order on Thursday following an ex parte application brought by the EFCC and argued by its counsel, Fadila Yusuf.
Those named in the court motion include Adefowora Olanipekun, Adefowora Oluwanisola, Emmanuel Uko, Seyi Oloyede, Avwerosuo Otorudo, and Chukwuebuka Ehirim.
Discover more from Naijanewstoday
Subscribe to get the latest posts sent to your email.
-
POLITICS5 days ago
C-Sagas UK Chapter Meets Founder in London, Reaffirms Humanitarian Vision
-
TECH7 days ago
OpenAI CEO Sam Altman Warns ChatGPT Conversations Aren’t Legally Confidential
-
NEWS5 days ago
Ikwo Noyo Clan Releases Official Timetable for 2025 Nnesweoha Festival
-
ENTERTAINMENT4 days ago
VeryDarkMan Breaks Down in Tears as He Announces Death of Popular Fish Seller
-
NEWS5 days ago
Nigerian Youth Advocate Calls Out Facebook’s Monetisation Policies
-
CAMPUS REPORTS6 days ago
VC Inaugurates Two New Residential Flats Built by AE-FUNAI Parents’ Forum
-
CAMPUS REPORTS5 days ago
Experts Urge Responsible AI And Data Use at AE-FUNAI Law Conference
-
POLITICS4 days ago
2027 Elections: We’re the Only Viable Alternative to APC, PDP Slams ADC
-
CAMPUS REPORTS6 days ago
AE-FUNAI Hosts ACSPN, Highlights Role of Artificial Intelligence in Media and Security
-
SPORTS7 days ago
Asisat Oshoala Shuts Down Retirement Rumors After WAFCON Triumph
-
SPORTS4 days ago
Morocco Challenges Referee Call After Super Falcons’ WAFCON Triumph
-
NEWS6 days ago
David Umahi’s Daughter Kimberly Graduates With First Class