Many residents in the Soka neighborhood of Ibadan are in tears after losing their money to a website known as CBEX. The business assured investors that their investments would yield substantial profits. However, the platform has now imploded, leaving investors with nothing.
Another victim, Bolorunduro Tawa, said her family invested 5 million naira. “We beg the government to intervene, the Cbex handlers assured us that the government approved their scheme and it was not a scam. If we knew it was not approved, we wouldn’t have given them our money.”
She added, “We beg the government to help us.” She said they only took the risk because there were not enough jobs. If things were easier, no one would gamble with their hard-earned money.The victims are calling on the government to investigate the fraud and find the people behind CBEX.
