Read: Man who invested in Ponzi scheme loses his money

• A antheral reportedly invested his wealth successful Mavrodi Mundial Moneybox (MMM) and mislaid during the heydays of the Ponzi scheme
• The antheral invested successful the Ponzi strategy aft helium was sacked from a slope wherever helium utilized to enactment and helium had thing to do.
• However, successful 2025, the antheral besides invested successful Cbex, different concern level alleged to beryllium a Ponzi and helium mislaid his money

A Nigerian antheral has perpetually mislaid money 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 has reportedly mislaid wealth successful some MMM and Cbex. Photo credit: Getty Images/Igor Alecsander and Joseph Egabor.
Source: Getty Images

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.

However, radical were shocked erstwhile helium invested different wealth successful Cbex, different Ponzi strategy that reportedly failed successful 2025.

The communicative was told connected X by Clara Odeyemi, who said the antheral successful question was her colleague.

She wrote:

"My workfellow was sacked from Intercontinental Bank and helium invested each helium had successful MMM(Moku, Mogbe, Modaran). I was amazed helium invested successful CBEX too. He mislaid everything again."

Those who invested wealth successful Cbex person reportedly mislaid their investment. Photo credit: Facebook/Ub Edem Uman.
Source: UGC

Is Cbex a Ponzi scheme?

Earlier successful the week, determination were societal media posts alleging that Cbex had crashed.

Looking through the website of the Securities and Exchange Commission (SEC), determination is simply a database of integer assets trading companies, but Cbex was not seen there.

Also, a hunt of the sanction 'Cbex' connected the SEC dedicated portal for concern operators did not output immoderate results. It is not wide if Cbex is simply a registered concern platform.

In a post, an X idiosyncratic identified arsenic Man of Letters said idiosyncratic helium knows had invested connected the platform.

He said:

"Someone told maine astir a 'CBEX' this evening. They invested $1k and person since withdrawn $5k this year. Having done each my checks, the level flies each the flags of a Ponzi scheme. People are cashing retired dependable with nary losses. You cognize what that means? Easter, Ileya oregon Xmas."

See the station below:

Man had warned astir Cbex but was ignored

Earlier, Legit.ng reported that a Nigerian antheral had issued a warning successful March, expressing concerns astir the operations of Cbex, a integer assets trading company.

The man, Ub Edem Uman, had shared a station connected Facebook, alleging that the Cbex trading level mightiness not past beyond May earlier crashing.

Earlier successful April, galore radical connected societal media alleged that the Cbex trading level had crashed and that traders' funds were trapped.

He had said:

"Please if you are connected CBEX, the extremity is precise close. I conscionable heard they introduced a 6 months plan, that is simply a immense reddish flag. It means the strategy is nether accent and they are trying to discourage arsenic galore radical arsenic imaginable from withdrawing. With the Ramadan and Easter celebrations astatine the corner, they MAY not past beyond Easter; they whitethorn past a small longer. Whatever you do, DON'T JOIN THAT 6 MONTHS PLAN, YOU WON'T SEE THAT MONEY AGAIN."

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Source: Legit.ng