Interpol joins EFCC in crackdown on N1.3tn CBEX fraud
Written by Editor on April 16, 2025
The Economic and Financial Crimes Commission has launched an investigation into the alleged N1.3tn frauds perpetrated through a digital investment platform, CryptoBank Exchange.
CBEX, operated by a group of foreign nationals in collaboration with their Nigerian partners, reportedly collapsed on Monday, leaving thousands of investors stranded and unable to access their funds.
Speaking on the development, the EFCC spokesman, Dele Oyewale assured that the commission would collaborate with the International Criminal Police Organisation to investigate the incident.
