{"id":6748,"date":"2025-06-05T08:35:48","date_gmt":"2025-06-05T08:35:48","guid":{"rendered":"https:\/\/beadysword.com.ng\/blog\/?p=6748"},"modified":"2025-06-05T08:47:02","modified_gmt":"2025-06-05T08:47:02","slug":"efcc-declares-folashade-and-bamidele-wanted-over-cbex-crypto-fraud","status":"publish","type":"post","link":"https:\/\/beadysword.com.ng\/blog\/2025\/06\/05\/efcc-declares-folashade-and-bamidele-wanted-over-cbex-crypto-fraud\/","title":{"rendered":"EFCC Declares Folashade and Bamidele Wanted Over CBEX Crypto Fraud"},"content":{"rendered":"
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The Economic and Financial Crime Commission (EFCC) has declared two additional individuals\u2014Folashade Odelana and Bamidele Ayodele Abiodun\u2014wanted in connection with a massive fraud linked to the collapsed crypto trading platform, Crypto Bridge Exchange (CBEX).<\/h3>\n

In a public notice issued on Wednesday, the anti-graft agency said both suspects played key roles in orchestrating fraudulent activities that led to severe financial losses for unsuspecting investors.<\/p>\n

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\u201cThe public is hereby notified that the persons whose photographs appear below are wanted by the Economic and Financial Crimes Commission (EFCC) for fraud allegedly perpetrated on an online trading platform called Crypto Bridge Exchange (CBEX),<\/em>\u201d the statement read.<\/p>\n

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Folashade Odelana, 31, was last known to reside at No. 17, Oremeta Street, Allen, Ikeja, Lagos State.<\/p>\n

Bamidele Ayodele Abiodun, 32, shares the same last known address.<\/p>\n

The Commission appealed to the public to assist with information that may lead to the arrest of the suspects.<\/p>\n

The notice added: \u201cMembers of the public can reach the EFCC through any of its zonal offices in Ibadan, Enugu, Kano, Lagos, Gombe, Port Harcourt or Abuja, or call any of the following hotlines:<\/em>
\n09-9044751-3, 08093322644, 08183322644, 07026350721-3, 0706350724-5.<\/em>
\nEmails can also be sent to\u00a0info@efccnigeria.org, or tips can be submitted at the nearest police station.\u201d<\/em><\/p>\n

Odelana and Abiodun bring the total number of suspects declared wanted in connection with the CBEX fraud to 14, as investigations continue into what is shaping up to be one of Nigeria\u2019s largest financial scams involving digital assets.<\/p>\n

Initial findings by investigators reveal that no fewer than 600,000 Nigerians may have invested in the scheme, which allegedly collapsed in April 2025, leaving a trail of losses totalling \u20a61.3 trillion.<\/p>\n

The EFCC has vowed to intensify efforts to track down all individuals involved in the fraud and to recover stolen funds where possible.<\/p>\n<\/div>\n

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The Economic and Financial Crime Commission (EFCC) has declared two additional individuals\u2014Folashade Odelana and Bamidele Ayodele Abiodun\u2014wanted in connection with a massive fraud linked to the collapsed crypto trading platform, Crypto Bridge Exchange (CBEX)....<\/p>\n","protected":false},"author":2,"featured_media":6749,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-6748","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t