Bitar, who is said to be 41 years old, was last traced to Eng. George Enemoh Crescent in Lekki Phase 1, Lagos State. His photograph has been made public by the Commission as efforts to locate him continue.
The Economic and Financial Crimes Commission (EFCC) has declared one Elie Bitar wanted over alleged fraud committed on an online trading platform known as Crypto Bridge Exchange (CBEX).
Bitar, who is said to be 41 years old, was last traced to Eng. George Enemoh Crescent in Lekki Phase 1, Lagos State. His photograph has been made public by the Commission as efforts to locate him continue.
A notice published by the EFCC and signed by the commission’s Head, Media & Publicity, Dele Oyewale, read, “The public is hereby notified that Elie Bitar ELIE BITAR, whose photograph appears above is wanted by the Economic and Financial Crimes Commission (EFCC) for fraud allegedly perpetrated on an online trading platform called Crypto Bridge Exchange (CBEX).
“Bitar is 41 years old and his last known address is at Eng. George Enemoh Crescent, Lekki Phase 1, Lekki, Lagos State.
“Anybody with useful information as to his whereabouts should please contact the Commission in its Ibadan, Uyo, Sokoto, Maiduguri, Benin, Makurdi, Kaduna, Ilorin, Enugu, Kano, Lagos, Gombe, Port Harcourt or Abuja offices or through 08093322644; its e-mail address: info@efcc.gov.ng or the nearest Police Station and other security agencies.”
The media had earlier reported that the EFCC has declared four individuals wanted over the alleged fraud perpetrated on a trading platform called Crypto Bridge Exchange (CBEX).
The agency announced this in a recent special circular. The four suspects were identified as Adefowora Olanipekun, Adefowora Oluwanisola, Emmanuel Uko, and Seyi Oloyede.
The media had also reported how the Osun State Broadcasting Corporation (OSBC), a government-owned radio station, actively promoted the now-collapsed CBEX Ponzi scheme to its listeners, packaging it as a legitimate poverty alleviation initiative and encouraging vulnerable Nigerians to invest.
In a video obtained by SaharaReporters from one of the station’s programmes, OSBC gave airtime to CBEX Trading Exchange Global officials who made exaggerated claims about the fraudulent platform’s capacity to lift Nigerians out of poverty.
“This scheme is for everyone. Even those selling herbal mixtures, those selling on the roadside, and the petty traders can invest with us. Those selling pepper, and those selling vegetables in the market can also join us,” a CBEX official declared during the broadcast.
“We want everyone to join us because our intention is to make life easier for Nigerian people. We want to take them from suffering and hardships.”
Rather than questioning the scheme’s credibility or regulatory status, the OSBC presenter fully endorsed CBEX on air.
“This is a scheme that will bring fortune to Nigerians. That is why we are telling you every week that you should join them, I am still telling you again to join them this morning to make fortune,” the presenter said without hesitation.
SaharaReporters earlier reported how CBEX crashed, wiping out the life savings of thousands of Nigerians, particularly young people, who believed they were investing in a legitimate platform.
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