JUST IN: Ellie Bitar Removed From EFCC’s CBEX Crypto Fraud Investigation wanted List
The Economic and Financial Crimes Commission (EFCC) has removed Elie Bitar, a foreign national, from its wanted list after previously declaring him and seven others wanted in connection with the Crypto Bridge Exchange (CBEX) fraud scandal.
The EFCC had on May 1 declared 41-year-old Elie Bitar wanted in connection with fraud allegations linked to CBEX.
The agency, in a statement released today, May 14, announced the removal of Bitar’s name. In the statement released, the agency said it is still on the trail of all the eight persons involved in the fraud that left many Nigerians financially bankrupt.
‘’CBEX: EFCC Intensifies Search for WANTED PERSONS
As part of its ongoing investigations of the alleged monumental fraud involving many actors in the infamous Crypto Bridge Exchange, CBEX, fraud, the Economic and Financial Crimes Commission, EFCC, is gaining important ground in its search for eight wanted persons implicated in the fraud.
The eight wanted persons are: Seyi Oloyede, Emmanuel Uko, Adefowora Oluwanisola, Adefowora Abiodun Olanipekun, Johnson Okiroh Ofienolu, Israel Mbalika, Joseph Michiro Kabera and Serah Michiro. 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 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.”
