Economic and Financial Crimes Commission (EFCC) has declared Elie Bitar, a foreign national, wanted over the alleged fraud perpetrated on the CryptoBank Exchange (CBEX), a digital investment platform.
Gatekeepers News reports that the anti-graft agency published the wanted notice across its social media platforms on Wednesday.
The wanted suspect’s age is 41, while his last known address is at “Eng. George Enemoh Crescent, Lekki Phase 1, Lekki, Lagos State”.
Bitar joins the list of the eight Nigerians who were previously declared wanted by the EFCC for allegedly promoting the CBEX scheme.
The eight suspects are Adefowora Abiodun Olanipekun, Adefowora Oluwanisola, Emmanuel Uko, Seyi Oloyede, Johnson Okiroh Otieno, Israel Mbaluka, Joseph Michiro Kabera, and Serah Michiro.
On Monday, Olanipekun voluntarily surrendered himself to the anti-graft agency.
CBEX, operated by foreign nationals in collaboration with Nigerian partners, promised investors 100% returns within 30 days through online trading.
CBEX restricted withdrawals on April 9, 2025, and demanded users deposit between $100 to $200 for account verification. It has changed its domain name multiple times between January 2024 and February 1, 2025, likely to evade regulatory oversight.
