Zenith Debunks AI Video of Jim Ovia On Fake Investment Scheme

Zenith Bank has dissociated itself and its Group Chairman, Jim Ovia, from a video making rounds on social media promoting an investment scheme called Wealth Bridge.

The bank, in a social media post on Tuesday, said its attention had been drawn to a doctored video and still pictures depicting its group chairman endorsing the scheme on the Facebook page of Greece Island.

The video had been soliciting members of the public to engage in a business relationship with the so-called entity, claiming weekly returns of up to N2 million. Zenith in the disclaimer said “this claim is entirely false and has no connection whatsoever to the Group Chairman, the Bank or any of its affiliate companies.

“This video makes a fake promise of up to N2 million in weekly returns on a contribution of N380, 000 investment in the aforementioned project via a Facebook group.

The video goes on to allege that the Central Bank of Nigeria (CBN) approves/endorses this said project.

“The video redirects unsuspecting members of the public to an alleged “Arise News” webpage with details of this “scheme” and an embedded registration portal for signups. This claim is also entirely false and has no connection whatsoever to the Bank or its Group Chairman.

“For the avoidance of doubt, all the videos and promotional materials referenced above are FAKE and have nothing to do with Zenith Bank Plc or Dr Jim Ovia.

“The group chairman of Zenith Bank and the Bank have no knowledge of the said investment scheme and have not entered into any partnership with the companies, individuals, or platforms behind these schemes.

“The general public is hereby advised to disregard these fraudulent communications. Anyone who engages with the “Greece Island” handle, “Wealth Bridge”, “delicious site”, “AfriQuantumX”, “Stock market analyst 1” or any other entity on the basis of these fake videos and images published by impostors does so strictly at his or her own risk.”