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Alleged $1bn Investment Fraud: EFCC Files Charge Against 2 Detained CBEX Promoters
7 Articles
7 Articles
The Commission for the Financial Market (CMF) announced that it filed a complaint with the Public Prosecutor's Office for the crimes of fraud and usurpation of name against those responsible for the use of the name and image of the President of the CMF, in order to deceive potential investors. In a statement, the CMF said that it identified an entity called “Harnett Logan Megan”, which operated via Instagram and WhatsApp, recommending buying som…
Alleged $1 Billion Investment Fraud: EFCC Files Charge Against Two Detained CBEX Promoters
The Economic and Financial Crimes Commission (EFCC) has filed a three-count charge against two of the detained promoters of Crypto Bridge Exchange (CBEX) over allegations bordering on investment fraud to the tune of over one billion dollars. The two, in the charge marked: FHC/ABJ/CR/216/2025 and filed by EFCC lawyer, Fadila Yusuf, are Avwerosuo Otorudo and Chukwuebuka Ehirim listed as 1st and 2nd defendants. The commission, in the charge filed J…
EFCC files charges against two CBEX promoters over ‘$1bn investment fraud’
The Economic and Financial Crimes Commission (EFCC) has filed a three-count charge against two of the detained promoters of the crypto bridge exchange (CBEX) over allegations of investment fraud to the tune of over $1 billion. In the charge marked FHC/ABJ/CR/216/2025 and filed by Fadila Yusuf, EFCC lawyer, the suspects are identified as Avwerosuo Otorudo and Chukwuebuka Ehirim, In the charge filed on June 10 at the federal high court, Abuja,…
Alleged $1 billion investment fraud: EFCC charges CBEX promoters
By EMMANUEL KUJE, Abuja- The Economic and Financial Crimes Commission (EFCC) has filed a three-count charge against Avwerosuo The post Alleged $1 billion investment fraud: EFCC charges CBEX promoters appeared first on National Accord Newspaper.
EFCC Slams 2 CBEX Promoters with $1bn Investment Fraud Charges
In a case that is shaping up to be Nigeria’s most high-profile crypto-related financial crime prosecution yet, the Economic and Financial Crimes Commission (EFCC) has formally filed criminal charges against two key promoters of Crypto Bridge Exchange (CBEX) for allegedly orchestrating a multi-billion-dollar investment fraud scheme. Filed on June 10 at the Federal High Court …
Investment fraud: EFCC files charge against two CBEX promoters
The Economic and Financial Crimes Commission (EFCC) has filed a three-count charge against two of the detained promoters of Crypto Bridge Exchange (CBEX) over allegations bordering on investment fraud to the tune of over one billion dollars. The two, in the charge marked: FHC/ABJ/CR/216/2025 and filed by EFCC lawyer, Fadila Yusuf, are Avwerosuo Otorudo and … The post Investment fraud: EFCC files charge against two CBEX promoters appeared first o…
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