EFCC Removes Foreign National, Ellie Bitar, From CBEX Crypto Fraud Investigation Wanted List

The Economic and Financial Crimes Commission (EFCC) has delisted Elie Bitar, a foreign national, from its wanted list after earlier naming him and seven others as wanted in relation to the Crypto Bridge Exchange (CBEX) fraud case.

On May 1, the EFCC had announced that 41-year-old Elie Bitar was wanted in connection with fraud allegations tied to CBEX.

In a statement issued today, May 14, the agency confirmed the removal of Bitar’s name from the list. The EFCC noted in its statement that it continues to pursue all eight individuals involved in the fraud, which has left numerous Nigerians financially devastated.

‘’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.’’

A Gentle Reminder: Every obstacle is a stepping stone, every morning; a chance to go again, and those little steps take you closer to your dream.

Nnamdi Okoli