EFCC declares four wanted over CBEX crypto fraud

 

The Economic and Financial Crimes Commission has declared four individuals wanted for their alleged involvement in a fraudulent scheme linked to an online trading platform known as Crypto Bridge Exchange, popularly known as CBEX.

In a public notice issued by the Commission on Friday, the suspects include Seyi Oloyede, Emmanuel Uko, Adefowora Oluwanisola, and Adefowora Abiodun Olaonipekun.

In the notice signed by the Head of Media & Publicity for the Commission, Dele Oyewale, the EFCC reaffirmed its commitment to tackling financial crimes, especially in the increasingly exploited crypto space.

They are accused of defrauding unsuspecting investors through the crypto platform.

According to the EFCC, Oloyede and Uko were last traced to No. 166, Idimu Egbeda Road, Lagos State.

Meanwhile, Oluwanisola and Olaonipekun were last known to reside at 13, Jimoh Odutola, Ogungpa, Ibadan, Oyo State.

The commission has urged members of the public with any useful information regarding the whereabouts of the suspects to reach out to the EFCC through its offices in Ibadan, Enugu, Kano, Lagos, Gombe, Port Harcourt, or Abuja.

 

On Thursday
that the Federal High Court in Abuja granted the EFCC the authority to arrest and detain six individuals allegedly linked to CBEX fraud involving over $1 billion.

Justice Emeka Nwite issued the order on Thursday following an ex parte application brought by the EFCC and argued by its counsel, Fadila Yusuf.

Those named in the court motion include Adefowora Olanipekun, Adefowora Oluwanisola, Emmanuel Uko, Seyi Oloyede, Avwerosuo Otorudo, and Chukwuebuka Ehirim.

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