EFCC Urges Victims Of CBEX Scam To Report In Ibadan And Lagos

EFCC has called on victims of the fraudulent cryptocurrency trading platform, Crypto Bridge Exchange (CBEX), to report at its zonal offices in Ibadan and Lagos for further investigation.

This was disclosed in a statement issued on Friday by the commission’s Head of Media and Publicity, Dele Oyewale, in Ibadan.

Oyewale confirmed that three suspects — Adefowora Olanipekun, Otorudo Avwerosuo, and Ehirim Chukwuebuka — are already facing prosecution over their alleged involvement in the scam.

According to the EFCC, CBEX lured unsuspecting Nigerians to invest with promises of unrealistic returns, leading to heavy financial losses for many.

The statement added: “In view of the foregoing and the need to assist the commission in its ongoing investigation, the EFCC is inviting victims who invested through individuals linked to the CBEX offices in Ibadan and Idimu, Lagos, to report to its Ibadan Zonal Directorate and Lagos Zonal Directorate 2.”