The Economic and Financial Crimes Commission (EFCC) has declared Elie Bitar, a 41-year-old foreign national, wanted for his alleged involvement in a cryptocurrency fraud linked to the online trading platform, Crypto Bridge Exchange (CBEX).
According to an official bulletin issued by the EFCC on Wednesday, Bitar is wanted for a suspected fraudulent scheme carried out via CBEX, which has reportedly defrauded multiple unsuspecting investors across Nigeria. His last known address is Eng. George Enemoh Crescent, Lekki Phase 1, Lagos State.
The EFCC urges anyone with useful information regarding Bitar’s whereabouts to contact any of its zonal offices in Benin, Makurdi, Kaduna, Ilorin, Enugu, Kano, Lagos, Gombe, Ibadan, Uyo, Sokoto, Maiduguri, Port Harcourt, or Abuja.
Daily Post Nigeria
This development follows the EFCC’s recent declaration of four Nigerians—Seyi Oloyede, Emmanuel Uko, Adefowora Oluwanisola, and Adefowora Abiodun Olaonipekun—as wanted individuals in connection with the CBEX Ponzi scheme. The scheme reportedly led to the loss of over N1.3 trillion by investors across the country.
CBEX, which promised investors a 100% return on investment within 30 days, collapsed abruptly, leaving many unable to access their funds. The EFCC has been actively investigating the matter and collaborating with international agencies to apprehend those responsible.
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