Tribune Online on MSN

Analyst decries structural gaps in Nigeria’s financial regulatory architecture

SEC moves to seize CBEX’s N1.3trn over alleged Ponzi schemeWhile the SEC has approached the Investments and Securities Tribunal (IST) seeking orders to freeze bank accounts and seize assets linked to ...
The Nation Newspaper

SEC to seize CBEX’s N1.3tr cash over ponzi scheme

The scheme collapsed months later, triggering widespread losses. Investigations and testimonies from affected investors revealed that CBEX functioned as a Ponzi scheme that siphoned over N1.3 trillion ...
Tribune Online on MSN

SEC seeks freezing of CBEX accounts over alleged N1.3trn fraud

The Securities and Exchange Commission (SEC) has asked the Investments and Securities Tribunal (IST) to order the immediate freezing of bank accounts belonging to Crypto Bridge Exchange (CBEX) and 25 ...
The Nation Newspaper

SEC moves to freeze bank accounts, seize assets of CBEX over N1.3tn Ponzi scheme

The Securities and Exchange Commission (SEC) has asked the Investments and Securities Tribunal (IST) to order the freezing of bank accounts belonging to Crypto Bridge Exchange (CBEX) and 25 other ...
New Telegraph

SEC Calls For Freezing Of CBEX Bank Accounts

The Securities and Exchange Commission (SEC) has asked the Investments and Securities Tribunal (IST) to order the freezing of ...
The Punch

How ‘real estate firm’ duped 4,000 investors in fresh Ponzi scheme

A new real estate Ponzi scheme named EMAAR has duped over 4,000 Nigerian investors, using fintech accounts to lure victims ...
New Telegraph

Easy Wealth: Staying Protected From Ponzi Scheme Baits

Many investors continue to fall victim to Ponzi schemes as fraudulent operators lure them with promises of unusu- ally high ...