The Economic and Financial Crimes Commission (EFCC) has taken Elie Bitar, a foreign national, off its wanted list. Bitar was one of eight people the agency was looking for in connection with a big crypto fraud case involving Crypto Bridge Exchange (CBEX).

Earlier, on May 1, the EFCC had announced that 41-year-old Elie Bitar was wanted for his alleged role in the CBEX fraud scandal. The case caused a lot of financial problems for many Nigerians.

But on May 14, the EFCC released a statement saying they removed Bitar’s name from the wanted list. The agency is still working hard to find the other seven suspects involved in the fraud. These fraud cases have hurt many people, and the EFCC says it will keep tracking down everyone involved.

’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.”