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Desperate Nigerians lose over N1.7tr to Ponzi schemes in nine years

Published by Guardian on Wed, 16 Apr 2025


Grief, shock and regret have overwhelmed thousands of Nigerians after CBEX, a once-celebrated digital asset platform, vanished into thin air, taking with it an estimated N1.4 trillion in life savings, pensions and borrowed hope.The post Desperate Nigerians lose over N1.7tr to Ponzi schemes in nine years appeared first on The Guardian Nigeria News - Nigeria and World News.
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