‘Don’t worry You will get your money back’ — EFCC assures CBEX investors

The Economic and Financial Crimes Commission (EFCC) has pledged to help investors recover their funds from the troubled CBEX digital trading platform.

According to the commission, CBEX had been under surveillance prior to the recent surge in public complaints.

The platform, which lured investors with promises of 100 percent returns, came under fire over the weekend after users reported being unable to access or withdraw their funds—prompting widespread outrage and backlash on social media.

The situation escalated on Monday when angry investors stormed and looted the Ibadan office of Smart Treasure, a CBEX affiliate, located in the Oke Ado area of Oyo State.

Speaking on Channels TV’s Morning Brief on Wednesday, EFCC spokesperson Dele Oyewale confirmed the agency has been inundated with calls from concerned Nigerians seeking updates and assistance.

He assured the public that the EFCC is actively investigating the matter and committed to ensuring that affected investors are not left without recourse.

Oyewale said:

“No, it will be very irresponsible and unprofessional if the EFCC says that you have lost your money; there is nothing the commission can do about it.

“We are already working with Interpol and our international development agencies to ensure that these people are brought to book.

“Investors are going to get their money back, and we are already working on that. Everything I’m saying is that this kind of thing could have been averted.

“Be it as it may, it was not averted, we are not going to throw our hands out helplessly and say that there’s nothing EFCC can do about it.

“We are more responsible and professional than that. We have spread out our wings by talking to Interpol and the necessary agencies across the world to be able to bring all the actors to book, and investors will have their money back.” [CONTINUE READING HERE]>>>>>