- The national authorities connected Wednesday, April 16, consoled victims of the arguable integer concern platform, CryptoBank Exchange (CBEX)
- The Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, called for a corporate combat against ponzi schemes
- CBEX, which had promised investors a 100 percent instrumentality connected investment, faced a situation precocious arsenic galore users reported being incapable to retreat their funds, sparking outrage connected societal media
Legit.ng writer Ridwan Adeola Yusuf has implicit 9 years of acquisition covering metro.
FCT, Abuja - The federal government connected Wednesday, April 16, sympathised with victims of the arguable integer concern platform, CryptoBank Exchange (CBEX).
As reported by The Punch, the authorities stressed that citizens indispensable enactment unneurotic to extremity the emergence of ponzi schemes successful the country.

Source: Twitter
FG sympathises with CBEX victims
TV360 Nigeria besides noted the apex Nigerian government's message.
CBEX, which had promised investors a 100 percent instrumentality connected investment, faced a situation implicit the play arsenic galore users reported being incapable to retreat their funds, sparking outrage connected societal media.
Speaking successful Abuja astatine the 2nd variation of The Spokespersons Summit organised by the Nigerian Institute of Public Relations successful collaboration with the national ministry of accusation and nationalist orientation, Oyedele noted that ridding the state of specified fraudulent menaces is simply a corporate task for each citizens.
He said:
“To enactment your hard-earned wealth successful an concern that collapses a fewer months aboriginal is precise painful. It’s much achy than paying taxes due to the fact that erstwhile you wage taxes, there’s really the anticipation that they volition hole your road, wage salaries of civilian servants, and the authorities volition supply security. But erstwhile it’s a ponzi scheme, the payment is zero."Legit.ng reports that concern scams person not lone brought ruin to the nationalist economy, but galore struggling Nigerians person besides been counting their losses.
Despite preventive efforts, perpetrators persist and proceed to innovate against carnal and integer countermeasures.

Source: Twitter
Read much connected CBEX:
- Man who cried retired aft losing N9 cardinal to CBEX gets onshore worthy N30m, explains however it happened
- Observant woman shares concealed down CBEX, gives elaborate investigation of crashed concern scheme
- Full list: 11 Popular ponzi schemes Nigerians volition ne'er forget
- CBEX crash: 3 Nigerians outcry retired aft losing N9 million, schoolhouse fees to platform, videos trend
- CBEC: Man mentions different alleged ponzi scheme, warns radical to retreat their money
- CBEX investments: Cybersecurity adept shows however investors’ funds were moved into backstage wallet
CBEX: Banker who mislaid wealth successful MMM invests loses
Earlier, Legit.ng reported that a Nigerian antheral perpetually lost wealth successful ponzi schemes, and yet, it seemed helium had not learned his lessons.
The communicative was told of a antheral who mislaid his concern successful Mavrodi Mundial Moneybox (MMM) years back.
The antheral had invested successful the failed ponzi erstwhile it was inactive successful operation, but helium mislaid each that helium enactment into it. As of erstwhile helium made the failed investment, the antheral had nary occupation due to the fact that helium was sacked by the slope wherever helium was working.
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Source: Legit.ng