CBEX: EFCC Partners With INTERPOL, Launches Manhunt For Operators

• The EFCC has revealed plans made to arrest operators of popular ponzi scheme, CBEX.

• This comes after the crash of the platform, which caused rant and tears among Nigerians.

• The platform reportedly made away with over one trillion naira of investors funds.

The Economic and Financial Crimes Commission, EFCC has partnered with the International Police, INTERPOL, as they crack down on a recent ponzi scheme crash.

Daily Report Nigeria recalls a group of Nigerians both online and offline crying and wailing, following the collapse of a trading platform known as CBEX.

In series of videos and posts making rounds online, a lot of people could be seen crying and calling on the Nigerian police, after reportedly losing thousands of naira, and dollars to the pyramid scheme.

A recent video making rounds online is that of a group of angry mob looting the CBEX office in ibadan.

In the video, people could be seen leaving the building with television and other office equipments.

In recent news, the EFCC has reacted, as they revealed an investigation had been launched into the platform and it’s operators even before the crash.

Confirming this latest developments, the spokesperson of the anti-graft agency, Adele Oyewale said it is currently working with interpol after following the company’s crash and disappearance with over N1.3 million belonging to investors who are mostly Nigerians.

“We are actively working to handle the CBEX situation. We will collaborate with other regulatory agencies to ensure that Nigerians are protected from this kind of scheme. Nigerian cultural tours

We will do our job—where recovery is possible, we will recover; where prosecution is possible, we will prosecute.

“Overall, we will do our best. Additionally, there are similar frauds across the country that people are unaware of, and we are working to uncover them. We are on the local collaborators while we are partnering with INTERPOL to trace the foreign operators,”

He also urged citizens to always verify these companies’ authenticity with the regulatory bodies before committing their funds.

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