Senate Probes Ponzi Scheme Surge After ₦1.3tr CBEX Collapse

Senate probes Ponzi scheme surge after ₦1.3tr CBEX collapse

Roswell man seeks probe into brokerage company

Police are investigating an alleged fraud after a 39-year-old Roswell man reported falling victim to an investment scheme June 24 facilitated through the social media app Telegram.

CRYPTO CRIME | EFCC Nigeria Arraigns Two for Alleged CBEX Crypto Investment Fraud

Reporting on Fintech, Crypto, and Blockchain Activity in Africa

Senate investigates operations of ponzi schemes in Nigeria

Senate investigates operations of ponzi schemes in Nigeria. Senate has mandated its Committees to conduct a comprehensive investigation......

Investment Scam: Olukoyede Cautions Public Against Negligence

The Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Ola Olukoyede has advised members of the public to apply care in choosing where to invest their money so as to avoid being ripped off in fraudulent schemes. He gave the advice in Abuja on Thursday, July 10, 2025, at a Public Lecture in [...] Source from InfoStride News

Senate Launches Public Hearing on CBEX Ponzi Scheme

By Adedapo Adesanya The Nigerian Senate is set to launch an investigative public hearing into the Crypto Bullion Exchange (CBEX) scam, which left thousands of Nigerians financially devastated with reported losses in billions of Naira. Earlier this year, CBEX introduced an investment platform, thrilling unsuspecting Nigerians with high returns. The high rate of involvement led […]