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Adefowora Abiodun, a key suspect in the $1 billion Crypto Bridge Exchange (CBEX) fraud, has surrendered to the EFCC amid a high-profile investigation.
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The alleged scammer, declared wanted alongside three others, turned himself in at the EFCC headquarters in Abuja on Monday, vowing to cooperate with authorities.
The EFCC had earlier secured a court order to arrest and detain six CBEX promoters, including Abiodun, following allegations of a massive investment scam. Justice Emeka Nwite of the Federal High Court granted the EFCC’s request after reviewing an ex parte motion filed by the agency.
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Abiodun’s lawyer, Babatunde Busari, stated that his client surrendered to clear his name, countering media narratives. The case has sparked nationwide attention as authorities intensify efforts to recover lost funds and prosecute suspects.
With cryptocurrency scams on the rise in Nigeria, this case highlights the EFCC’s crackdown on fraudulent schemes. Stay tuned for updates as investigations unfold.
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