Abuja, Nigeria – Nigeria’s Economic and Financial Crimes Commission (EFCC) has declared two additional individuals wanted in connection with an alleged large-scale fraud linked to a digital trading platform, Crypto Bridge Exchange, also known as CBEX.
The suspects, identified as Folashade Odelana (31) and Bamidele Ayodele Abiodun (32), are accused of orchestrating fraudulent activities that reportedly led to significant financial losses for numerous investors. Their last known address is given as No. 17, Oremeta Street, Allen, Ikeja, Lagos State.
These latest declarations bring the total number of individuals wanted by the anti-graft agency in connection with the CBEX scheme to 14.
In a notice published across its official social media platforms, the EFCC appealed to the public for any useful information regarding the whereabouts of Odelana and Abiodun. They advised contacting the commission’s offices across Nigeria or through provided phone numbers and email addresses.
The digital trading platform reportedly collapsed in April 2025, leading to significant financial distress. It is understood that no fewer than 600,000 Nigerians had invested in the scheme, collectively losing an estimated ₦1.3 trillion (approximately $870 million USD at current unofficial exchange rates).
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