The Economic and Financial Crimes Commission (EFCC) has declared a foreign national, identified as Bitar, wanted in connection with a fraudulent investment scheme operated through the Crypto Bridge Exchange (CBEX) platform.
As reported by The Punch, Bitar, 41, is accused of orchestrating a Ponzi scheme that defrauded numerous investors.
The EFCC urges the public to provide any information that could lead to his apprehension, emphasizing the commission’s commitment to combating financial crimes.
The CBEX case underscores the growing challenges posed by digital financial platforms and the need for robust regulatory frameworks to protect investors from fraudulent schemes.
