The Commission’s Head of Media and Publicity disclosed this in a statement released in Ibadan, Oyo State capital.

“The EFCC is currently prosecuting three suspects, namely Adefowora Olanipekun, Otorudo Avwerosuo, and Ehirim Chukwuebuka, over their alleged involvement in the scam,” Oyewale said.

According to EFCC, CBEX lured unsuspecting Nigerians into investing their funds with the promise of unrealistic returns, resulting in serious financial losses for many.

“In view of the foregoing and the need to assist the commission in its ongoing investigation, the EFCC is inviting victims who invested their funds through individuals linked to the CBEX offices in Ibadan and Idimu, Lagos, to report to its Ibadan Zonal Directorate and Lagos Zonal Directorate 2,” the statement added.

Source: Punch