- Suspects: Four individuals declared wanted for alleged fraud linked to Crypto Bridge Exchange (CBEX)
- Names: Adefowora Olanipekun, Adefowora Oluwanisola, Emmanuel Uko, and Seyi Oloyede
- Alleged Fraud: Linked to CBEX’s collapse, which wiped out over ₦1.3 trillion from investors’ wallets
- Court Order: EFCC granted permission to arrest and detain six CBEX promoters over alleged $1 billion investment fraud
- Investigation: EFCC urges anyone with information on the suspects’ whereabouts to contact them .
The Economic and Financial Crimes Commission (EFCC) has declared four individuals wanted for alleged fraud linked to Crypto Bridge Exchange (CBEX), a digital asset trading platform. The suspects are Adefowora Olanipekun, Adefowora Oluwanisola, Emmanuel Uko, and Seyi Oloyede.
The EFCC’s action follows a court order granting the agency permission to arrest and detain six CBEX promoters over alleged investment fraud exceeding $1 billion. The platform’s collapse wiped out over ₦1.3 trillion from investors’ wallets, leaving many Nigerians devastated.
The commission urges anyone with information on the suspects’ whereabouts to contact them through their offices in various cities. The collapse of CBEX has sparked renewed debate about Nigerians’ susceptibility to fraudulent investment schemes and raised concerns about regulatory oversight.
