By John Umeh
The Economic and Financial Crimes Commission (EFCC) has declared four individuals wanted for their alleged involvement in a fraudulent investment scheme tied to an online trading platform known as Crypto Bridge Exchange (CBEX).
In a public notice issued on Friday, the anti-graft agency identified the suspects as Seyi Oloyede, Emmanuel Uko, Adefowora Oluwanisola, and Adefowora Abiodun Olaonipekun. The notice, signed by the EFCC’s Head of Media and Publicity, Dele Oyewale, emphasized the Commission’s continued resolve to clamp down on financial crimes, particularly within the fast-evolving cryptocurrency space.
According to the EFCC, the suspects are accused of defrauding unsuspecting investors through CBEX, which promised high returns on digital currency trades. Oloyede and Uko were last traced to No. 166, Idimu-Egbeda Road, Lagos State, while Oluwanisola and Olaonipekun were last known to reside at 13 Jimoh Odutola, Ogungpa, Ibadan, Oyo State.
The Commission is appealing to members of the public with relevant information on the whereabouts of the suspects to report to any of its zonal offices in Ibadan, Enugu, Kano, Lagos, Gombe, Port Harcourt, or the headquarters in Abuja.
This development follows a ruling by the Federal High Court in Abuja on Thursday, where Justice Emeka Nwite granted the EFCC permission to arrest and detain six individuals allegedly linked to the CBEX scam, which authorities say may have defrauded investors of over $1 billion.
The court order, issued following an ex parte motion filed by the EFCC and presented by counsel Fadila Yusuf, includes the names of the four wanted individuals alongside Avwerosuo Otorudo and Chukwuebuka Ehirim.
As investigations deepen, the EFCC reiterates its warning to the public to exercise caution when engaging with online investment platforms, particularly those promising unrealistic returns.
