EFCC operatives have arrested three suspects for running a fraudulent university and offering fake Bachelor of Science ...

The Economic and Financial Crimes Commission stated that it may not be possible to recover the stolen funds associated with ...

Investigation by the EFCC indicates that CBEX is not a registered digital platform by virtue of which the scam ran through at ...

Operatives of the Ondo State Police Command have busted a Ponzi scheme syndicate in the state weeks after a cryptocurrency ...

The fraud that affected more than 600,000 Nigerian investors, is back in operation to restore investor confidence.

I was abroad when the CBEX scandal broke: somehow, I tend to be out of town when Nigerians get into very serious trouble but ...

Proceeds from the failed CBEX crypto bridge exchange scheme has been traced to four countries by the Economic and Financial ...

The Economic and Financial Crimes Commission (EFCC) has traced funds from the collapsed CBEX crypto trading platform to at least four countries, but acknowledges that full restitution to victims may ...

This follows the collapse of another fraudulent cryptocurrency investment scheme known as “CBEX,” which defrauded Nigerians of an estimated N1.3 trillion in investor funds. The SEC had earlier ...