Interpol Joins Forces in Investigating Nigeria’s Major Ponzi Scheme
Unraveling the CBEX Collapse: A Closer Look at Nigeria's Latest Ponzi Scheme Scandal
In a shocking turn of events, the platform known as the China Beijing Equity Exchange (CBEX) has come crashing down in Nigeria, leaving behind a trail of despair. An estimated 300,000 investors have been engulfed in financial losses amounting to ₦1.3 trillion, which is roughly equivalent to $840 million. As investigations unfold, there are serious questions about the scale of this Ponzi scheme and the nature of its operations. How did a…