A popular digital investment platform CBEX collapsed on Monday, April 14, locking out thousands of investors from their funds. Following the crash, angry investors stormed CBEX offices in Lagos and Ibadan, demanding answers.
Reacting to the situation, EFCC spokesman Dele Oyewale confirmed that investigations were already underway before the collapse. Now, the anti-graft agency has joined forces with Interpol to track both local and foreign suspects involved in the massive ₦1.3 trillion fraud.
“We had our intelligence before the incident,” Oyewale said. “We will recover funds where possible and prosecute all involved.”
The EFCC has warned Nigerians to be cautious of Ponzi-like schemes, as similar platforms are still under investigation.
