Photo Credit: PeoplesGazette

Ponzi Scheme CBEX Resumes Business Nationwide, Urges Investors to Deposit $200, $100 to Recover Lost Investments

Adigital financial platform, Crypto Bridge Exchange, otherwise called CBEX, which is a Ponzi scheme, has resumed business across the country weeks after it suddenly halted operation and made away with hundreds of thousands of dollars belonging to unsuspecting Nigerians investors.

Investors said they were asked to return to the scheme’s platform to claim their lost investments.

“Someone asked me to log into CBEX account this morning that they have returned our balance,” one of the investors told newsmen on Tuesday, sharing a screenshot of the returned investment.

Photo Credit Sterling

According to them, operators of the Ponzi scheme also requested investors to pay $200 to make their individual accounts active for withdrawals.

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“But I think it is a way of luring people into it again because we were asked to pay $200 to continue trading with the account Before we can apply for withdrawal,” another investor said.

“So, the $200 is for those with investments above $1,000. All those below are asked to pay $100.”

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