EFCC DECLARES ELIE BITAR WANTED OVER HIS ALLEGED INVOLVEMENT IN CBEX SCAM

The Economic and Financial Crimes Commission (EFCC) has declared a 41-year-old foreign national, Elie Bitar, wanted for his alleged involvement in cryptocurrency fraud linked to the online trading platform Crypto Bridge Exchange (CBEX). 

The EFCC alleged that Bitar's scheme has defrauded multiple unsuspecting investors across Nigeria.

The commission has, therefore, urged anyone with information regarding his whereabouts to contact any of its zonal offices.

This development comes barely a week after the EFCC declared four Nigerians wanted over the same CBEX Ponzi scheme, which reportedly cleared over N1.3 trillion from investors' accounts.

The anti-graft agency says it is intensifying efforts to arrest Bitar and other suspects linked to the alleged fraud.

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