The Economic and Financial Crimes Commission (EFCC) in Tuesday assured some Nigerian investors that it was working with INTERPOL to fish out the operators of the crashed digital trading platform, CBEX.
Adele Oyewale, the spokesperson of the commission in a statement said the EFCC has already launched a probe into the activities of the company that crashed and disappeared with over N1.3 million belonging to investors who are mostly Nigerians.
Since its reported crash, several Nigerians have taken to social media to lament the loss of their money, invested with CBEX.
Some other citizens have also visited the company‘s office in Lagos to loot properties deserted by the operators and their staff.
However, Oyewale said the EFCC began an investigation into the activities of CBEX even before its crash.
According to him, there are efforts by the commission to arrest both CBEX’s local and international operators.
“We are actively working to handle the CBEX situation. We will collaborate with other regulatory agencies to ensure that Nigerians are protected from this kind of scheme.
“We will do our job—where recovery is possible, we will recover; where prosecution is possible, we will prosecute.
“Overall, we will do our best. Additionally, there are similar frauds across the country that people are unaware of, and we are working to uncover them. We are on the local collaborators while we are partnering with INTERPOL to trace the foreign operators,” Oyewale said.
Further warning Nigerians against committing funds to financial companies without carrying out the due diligence, Oyewale said regulatory bodies like the Central Bank of Nigeria, and the Security and Exchange Commission are always there to guide the people.
He urged citizens to always verify these companies’ authenticity with the regulatory bodies before committing their funds.
