Tuesday, April 21, 2026
  • Home
  • News
  • Business
  • Politics
  • Education
  • Entertainment
  • Metro
  • Health
  • E-paper
Salient Times Online
  • Home
  • News
  • Business
  • Politics
  • Education
  • Entertainment
  • Metro
  • Health
  • E-paper
No Result
View All Result
Salient Times Online
  • Home
  • News
  • Business
  • Politics
  • Education
  • Entertainment
  • Metro
  • Health
  • E-paper
No Result
View All Result
Salient Times Online
No Result
View All Result
Home News

EFCC declares two more suspects wanted over N1bn CBEX fraud

Salient Times Online by Salient Times Online
June 5, 2025
in News
0
EFCC declares two more suspects wanted over N1bn CBEX fraud
585
SHARES
3.2k
VIEWS
Share on FacebookShare on Twitter

 

The Economic and Financial Crimes Commission (EFCC) has declared two suspects wanted in connection with the alleged N1 billion cryptocurrency scam linked to Crypto Bridge Exchange (CBEX).

You might also like

Tinubu approves N15bn take-off grant for new police academy campus in Ogun

Alleged fraud: Court admits nine exhibits against ex-AGF Malami, wife

Outrage as Boko Haram demands N5bn,

In a notice shared via its official X account on Wednesday, the commission identified the wanted persons as Folashade Odelana and Bamidele Ayodele Abiodun.

ADVERTISEMENT

According to the notice, the last known address of the suspects is No. 17 Oremeta Street, Allen Avenue, Ikeja, Lagos.

The anti-graft agency urged members of the public with useful information on their whereabouts to contact any of its offices nationwide.

This latest development brings the number of individuals declared wanted in connection with the CBEX fraud to 10.

In April 2025, CBEX users raised alarm after they were unable to access or withdraw their investments.

The incident, which affected many Nigerians, sparked public outrage as several people claimed to have lost significant amounts of money to the failed cryptocurrency platform.

Earlier, the EFCC declared eight individuals wanted in connection with the case. They are Adefowora Abiodun Olanipekun, Adefowora Oluwanisola, Emmanuel Uko, Seyi Oloyede, Johnson Okiroh Otieno, Israel Mbaluka, Joseph Michiro Kabera, and Serah Michiro.

The commission also secured arrest warrants for six of the suspects, namely, Olanipekun, Oluwanisola, Uko, Oloyede, Avwerosuo Otorudo, and Chukwuebuka Ehirim.

Ola Olukoyede, chairman of the EFCC, assured victims of the financial scam that the commission is making progress in the investigation and recovery efforts.

He said “a reasonable amount” of funds has already been recovered and some arrests have been made.

The EFCC chairman said the commission committed to bringing all those involved in the alleged scam to justice and recover as much of the stolen funds as possible

Tags: CBEXEfccOla Olukoyede
Previous Post

Mbah receives Immigration officer who arrested fleeing Enugu billionaire ritualist

Next Post

Mokwa Flood: Shettima visits Mokwa as FG donates N2bn, grains to residents

Salient Times Online

Salient Times Online

Related Posts

Tinubu approves N15bn take-off grant for new police academy campus in Ogun
News

Tinubu approves N15bn take-off grant for new police academy campus in Ogun

by Salient Times Online
April 21, 2026
Alleged fraud: Court admits nine exhibits against ex-AGF Malami, wife
News

Alleged fraud: Court admits nine exhibits against ex-AGF Malami, wife

by Salient Times Online
April 21, 2026
Outrage as Boko Haram demands N5bn,
News

Outrage as Boko Haram demands N5bn,

by Salient Times Online
April 21, 2026
Aiyedatiwa expresses concern over motive behind planned bomb attacks in Ondo
News

Aiyedatiwa expresses concern over motive behind planned bomb attacks in Ondo

by Salient Times Online
April 21, 2026
Insecurity: Go After These Criminals Until They’re Eliminated, CDS Orders Troops
News

Insecurity: Go After These Criminals Until They’re Eliminated, CDS Orders Troops

by Salient Times Online
April 21, 2026
Next Post
Mokwa Flood: Shettima visits Mokwa as FG donates N2bn, grains to residents

Mokwa Flood: Shettima visits Mokwa as FG donates N2bn, grains to residents

Salient Times Online © 2026. All Rights Reserved.

Published by Salient Times Media Services (RC: 2765133)
NUJ House, Iwe Irohin, Abeokuta, Ogun State, Nigeria.

Categories

  • Business
  • Celebrity Gist
  • Crime
  • Culture
  • Education
  • Entertainment
  • Fashion
  • Features
  • Food
  • Gist
  • Health
  • ICT
  • International
  • Interview
  • Lifestyle
  • Metro
  • National
  • News
  • Obituary
  • Opinion
  • Politics
  • Religion
  • Sponsored
  • Sports
  • Travel
  • World

Salient Times Online © 2026. All Rights Reserved. About Us | Contact Us | Privacy Policy | Home

No Result
View All Result
  • Home
  • News
  • Business
  • Politics
  • Education
  • Entertainment
  • Metro
  • Health
  • E-paper

Salient Times Online © 2026. All Rights Reserved. About Us | Contact Us | Privacy Policy | Home