The Economic and Financial Crimes Commission (EFCC) has
declared a foreign national, Elie Bitar, wanted for his alleged involvement in
a cryptocurrency fraud scheme linked to the online trading platform Crypto
Bridge Exchange (CBEX).
In an official bulletin released on Wednesday on social
media, the EFCC stated that Bitar, 41, is suspected of orchestrating a
fraudulent investment operation through CBEX, which has reportedly scammed
numerous unsuspecting investors across Nigeria.
“The public is hereby notified that ELIE BITAR, whose
photograph appears above, is wanted by the Economic and Financial Crimes
Commission (EFCC) for fraud allegedly perpetrated on an online trading platform
called Crypto Bridge Exchange (CBEX),” the notice read.
The commission revealed Bitar’s last known address as Eng.
George Enemoh Crescent, Lekki Phase 1, Lekki, Lagos State.
The wanted notice was signed by the EFCC’s Head of Media and
Publicity, Dele Oyewale.
The anti-graft agency urged anyone with information on
Bitar’s whereabouts to contact any of its zonal offices in Abuja, Lagos,
Ibadan, Uyo, Sokoto, Maiduguri, Benin, Makurdi, Kaduna, Ilorin, Enugu, Kano,
Gombe, or Port Harcourt. Tips can also be submitted via phone at 08093322644 or
by email at info@efcc.gov.ng.
CBEX gained popularity amid Nigeria’s growing interest in
cryptocurrency, luring users with promises of quick and substantial returns.
However, concerns soon emerged regarding the platform’s lack of regulatory
compliance and transparency.
The Economic and Financial Crimes Commission (EFCC) has
declared a foreign national, Elie Bitar, wanted for his alleged involvement in
a cryptocurrency fraud scheme linked to the online trading platform Crypto
Bridge Exchange (CBEX).
In an official bulletin released on Wednesday on social
media, the EFCC stated that Bitar, 41, is suspected of orchestrating a
fraudulent investment operation through CBEX, which has reportedly scammed
numerous unsuspecting investors across Nigeria.
“The public is hereby notified that ELIE BITAR, whose
photograph appears above, is wanted by the Economic and Financial Crimes
Commission (EFCC) for fraud allegedly perpetrated on an online trading platform
called Crypto Bridge Exchange (CBEX),” the notice read.
The commission revealed Bitar’s last known address as Eng.
George Enemoh Crescent, Lekki Phase 1, Lekki, Lagos State.
The wanted notice was signed by the EFCC’s Head of Media and
Publicity, Dele Oyewale.
The anti-graft agency urged anyone with information on
Bitar’s whereabouts to contact any of its zonal offices in Abuja, Lagos,
Ibadan, Uyo, Sokoto, Maiduguri, Benin, Makurdi, Kaduna, Ilorin, Enugu, Kano,
Gombe, or Port Harcourt. Tips can also be submitted via phone at 08093322644 or
by email at info@efcc.gov.ng.
CBEX gained popularity amid Nigeria’s growing interest in
cryptocurrency, luring users with promises of quick and substantial returns.
However, concerns soon emerged regarding the platform’s lack of regulatory
compliance and transparency.
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