Archives Tag: Financial Fraud
CBEX: Will Nigerians Ever Give Up on Ponzi Schemes?
April 19, 2022
Ponzi schemes are no new phenomenon in Nigeria. Despite the lessons learned from past fraudulent schemes like MMM and Racksterli, a new scam has emerged under the guise of an investment platform called CBEX. Despite warnings from financial experts and previous scandals, Nigerians continue to fall for such deceptive schemes, risking their hard-earned money. … Continue reading CBEX: Will Nigerians Ever Give Up on Ponzi Schemes?
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