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Another Ponzi scheme scams Ibadan investors of $200,000 months after CBEX collapse

Less than a year after the CBEX Ponzi scheme wiped out N1.3 trillion in Oyo State, another fraudulent investment scheme has reportedly defrauded over 950 investors in Ibadan, resulting in combined losses exceeding $200,000. The platform, operating under the names Agape Trade and Agape Thrift, has been linked to the deaths of two investors, while […]
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Business Hallmark broke the news in on Thursday, January 8, 2026.
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