CBEX CRASH: NIGERIANS FALLING PREY TO PONZI SCHEMES DUE TO GREED – COMRADE DAVID-WEST
Comrade Bekinwariye David-West, Chairman of the Bayelsa State Council of the Civil Liberties Organisation (CLO), has blamed greed for the increasing number of Nigerians falling victim to Ponzi schemes. His statement follows the recent collapse of CryptoBank Exchange (CBEX), a digital investment platform that has left thousands of Nigerian investors in financial ruin. According to the Economic and Financial Crimes Commission (EFCC), CBEX allegedly diverted ₦1.3 trillion of investors’ funds. […]