In a recent revelation, Fuji musician Alhaji Taye Adebisi, popularly known as Taye Currency, shared his experience of losing ₦10 million to the CBEX Ponzi scheme. During a stage performance, he recounted how friends introduced him to the scheme on April 1st, leading him to invest ₦10 million from his insurance account. He publicly named the individuals—Sodiq, Small London (Alaba), Lati, and Boda Muba—who influenced his decision, expressing his disappointment over the financial loss .
Taye Currency’s disclosure serves as a cautionary tale about the risks associated with unverified investment opportunities. The CBEX scheme has reportedly affected many Nigerians, with losses amounting to over ₦1.3 trillion. Financial experts urge individuals to conduct thorough research and seek professional advice before engaging in investment ventures….CONTINUE READING….
