Efcc Declares Eight Individuals Wanted Over 1 Billion Cbex Fraud

The Economic and Financial Crimes Commission EFCC has declared eight individuals wanted for their alleged involvement in a fraudulent scheme operated through an online trading platform known as Crypto Bridge Exchange CBEX.

The announcement was made via a public notice posted on the commission's official X account on Friday, April 25, 2025.

"The public is hereby notified that the persons whose photographs appear above are wanted by the Economic and Financial Crimes Commission EFCC for fraud allegedly perpetrated on an online trading platform called Crypto Bridge Exchange CBEX," the notice read.

Among those declared wanted are Seyi Oloyede and Emmanuel Uko, both last traced to No. 166, Idimu Egbeda Road, Lagos State. Also on the wanted list are Adefora Oluwanisola, 37, and Adefora Abiodun Olaonipekun, 44, whose last known address is 13 Jimoh Odutola, Ogunpa, Ibadan, Oyo State.

Other individuals declared wanted include Johnson Okiroh Otieno-last known address: No. 166, Idimu Egbeda Road, Lagos State Israel Mbaluka-last known address: No. 166, Idimu Egbeda Road, Lagos State Joseph Michiro Kabera-last known address: No. 166, Idimu Egbeda Road, Lagos State and Serah Michiro-last known address: No. 166, Idimu Egbeda Road, Lagos State.