The Economic and Financial Crimes Commission (EFCC) has removed Elie Bitar, a foreign national, from its wanted list for alleged Crypto Bridge Exchange (CBEX) fraud.
The agency had declared Bitar wanted on April 30, along with seven others, over their alleged involvement in a fraudulent scheme linked to the online trading platform.
In a statement issued on Wednesday, EFCC spokesperson Dele Oyewale explained that Bitar’s name has been removed from the wanted list due to new information that does not support his inclusion.
Oyewale said, “Ellie Bitar of CBEX Solutions Ltd., who was earlier declared wanted, has since been removed from the list owing to new information that does not support his inclusion in the wanted person’s list.”
The EFCC assured the public that it was making progress in its investigations and collaborating with law enforcement agencies worldwide to track and arrest all wanted persons involved in the CBEX fraud.
Oyewale added:, ”the commission is making good progress in its investigations.
”Law enforcement agencies across the world are collaborating with it in tracking and arresting all the wanted persons.
”The EFCC will not relent in bringing every actor involved in the fraudulent dealings to book.”
The EFCC had declared eight persons wanted over their alleged involvement in the CBEX scheme, which reportedly crashed in April, leaving many Nigerians who invested in the platform worried about the loss of their funds.
A Federal High Court in Abuja had also granted the agency’s request to arrest and detain persons found promoting the CBEX scheme.
