- Sympathy for Victims: The Federal Government has expressed sympathy for victims of the collapsed digital investment platform CBEX.
- Collective Responsibility: The Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, emphasized the need for collective action against Ponzi schemes.
- Investor Education: Oyedele urged Nigerians to educate themselves on investments to avoid falling prey to fraudulent schemes.
Oyedele stressed that investment opportunities promising unusually high returns should be treated with skepticism. He encouraged Nigerians to verify investment opportunities and seek advice before committing their money.
The Economic and Financial Crimes Commission (EFCC) and the Securities and Exchange Commission (SEC) are working to combat Ponzi schemes and protect investors. The EFCC has assured investors that they will work to recover their losses.
