A recent report indicates that the Economic and Financial Crimes Commission (EFCC) has initiated an investigation into CBEX, a once-popular investment platform that recently went under. The platform’s sudden crash has sparked widespread controversy on social media, with allegations surfacing that users’ funds were funneled into a particular account.
Amid the uproar, well-known blogger Innocent Tino claimed via a Facebook post that both the EFCC and the International Criminal Police Organization (Interpol) have begun a joint probe into the alleged diversion of ₦1.3 trillion. In his post, Tino stated:
“Boom💥. This is exactly what I’ve been talking about.”
“EFCC and Interpol have launched an investigation into a ₦1.3 trillion fraud carried out through the digital investment platform, CBEX.”
“CBEX, which was allegedly run by a group of foreign nationals in partnership with Nigerian collaborators, reportedly collapsed on Monday.”
More details below…
