The Economic and Financial Crimes Commission (EFCC) has declared four individuals wanted over the alleged investment fraud perpetrated on Crypto Bridge Exchange (CBEX) trading platform.
This is coming in the wake of the warrant of arrest and order granted the EFCC by a Federal High Court in Abuja on Thursday for six suspects.
Justice Emeka Nwite gave the order following an ex parte application filed by the EFCC through its counsel, Fadila Yusuf.
The suspects declared wanted were Adefowora Olanipekun, Adefowora Oluwanisola, Emmanuel Uko, and Seyi Oloyede.
Spokesperson of the EFCC, Dele Oyewole, made the announcement in a post on Friday.
In the affidavit in support of the motion, EFCC said preliminary investigation into the intel revealed that the defendants “using their company ST Technologies International Limited, promoted another company Crypto Bridge Exchange (CBEX) by making adverts and lured unsuspecting members of the public to invest crypto cryptocurrencies on the CBEX investment platform”.
The EFCC said the defendants promised an unrealistic return on investment of up to 100 per cent.
Recall that Nigerians who invested in the platform have been thrown I tod despair after the crash of the business recently.
About N1.3trillion was reportedly wiped out from the investors’ account after the digital trading platform boasted of giving investors 100 per cent Return On Investment(ROI) in 30 days.
