FG Agencies Vow Crackdown on Ponzi Operators as CBEX Collapses with N1.3tn Investors’ Funds
The Federal Government has declared a renewed war against Ponzi schemes in Nigeria, with the Economic and Financial Crimes Commission (EFCC) and the Securities and Exchange Commission (SEC) pledging to clamp down on fraudulent investment platforms operating across the country. This move follows the collapse of CBEX, a digital asset trading platform that lured unsuspecting