• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Thursday, October 23, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

EFCC Declares 4 CBEX Scam Promoters Wanted

by Ejike Ejike
6 months ago
in News
cbex
Share on WhatsAppShare on FacebookShare on XTelegram

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.

Advertisement

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.

Advertisement

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”.

RELATED NEWS

Arts And Humanities Students Need Maths Too

What Does Ted Cruz Want?

FG Seeks Fresh $10bn Credit To Address Humanitarian Challenges

We Can’t Afford To Muzzle You, Shettima Tells Journalists

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.

Join Our WhatsApp Channel

Breaking News: Nigerians at home and abroad can now earn in USD by acquiring ultra-premium domains from $3,000 and profiting up to $36,000. Perfect for professionals. Click here.

SendShareTweetShare

OTHER NEWS UPDATES

Arts And Humanities Students Need Maths Too
News

Arts And Humanities Students Need Maths Too

5 hours ago
What Does Ted Cruz Want?
Backpage

What Does Ted Cruz Want?

5 hours ago
Minister Apologises To Nigerians Over Economic Pains
News

FG Seeks Fresh $10bn Credit To Address Humanitarian Challenges

5 hours ago
Advertisement
Leadership join WhatsApp

LATEST UPDATE

Arts And Humanities Students Need Maths Too

5 hours ago

What Does Ted Cruz Want?

5 hours ago

Ex-Council Chairmanship Candidate Arraigned For Allegedly Raping Teenager

5 hours ago

FG Seeks Fresh $10bn Credit To Address Humanitarian Challenges

5 hours ago

We Can’t Afford To Muzzle You, Shettima Tells Journalists

5 hours ago
Load More

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.