The Economic and Financial Crimes Commission (EFCC) has joined forces with the Interpol to investigate the recent crash of an online digital trading platform, CBEX. Dele Oyewale, the EFCC Spokesman, disclosed this in a statement, saying efforts were on to arrest both the local and international operators of the Ponzi scheme. “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.
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. We urge the public to verify any investment opportunity with the CBN and SEC before engaging.
“The EFCC remains committed to safeguarding the public from predatory operators and ensuring a corruption-free economic environment,” the EFCC said. The CBEX platform, which crashed last weekend, is alleged to be withholding deposits of Nigerians amounting to over N1.3 trillion.
The scheme was operated by some foreigners and Nigerians and had offices in Abuja, Lagos, Ibadan and other parts of the country.
