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Tears as Ponzi Scheme Allegedly Shuts Down Hours After Man Invests Life Savings

Tears as Ponzi Scheme Allegedly Shuts Down Hours After Man Invests Life Savings

A Nigerian man’s attempt to make quick gains through online trading has ended in heartbreak, as the platform he invested in, Cbex, allegedly became inaccessible just hours after he joined.

The man, who had sold his mobile phone and personal items to raise $313 for the investment, took to social media in distress after discovering he could no longer access or withdraw his funds.

According to his post, he joined the Cbex platform on a Wednesday and by the following day, reports were already surfacing that withdrawals had been halted for many users.

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The timing couldn’t have been worse for him, having staked everything on what appeared to be a promising opportunity.

He pleaded publicly for help, expressing his shock and disappointment at the sudden development. The situation quickly caught attention on X (formerly Twitter), where users flooded the comments section—some offering sympathy, others noting they had narrowly avoided the same fate.

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While speculation swirls about whether this was a temporary technical issue or a full-on collapse of the platform, many are already sounding the alarm about Cbex’s legitimacy.

It remains unclear if affected investors will recover their funds or if this incident is yet another chapter in the growing list of online investment disappointments.

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Source: NewsandVibes.com

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