Popular Fuji musician, Taye Currency, has joined the growing list of victims of the controversial CBEX Ponzi scheme, revealing that he lost ₦10 million after being lured into the investment by trusted friends.
The music icon made the shocking disclosure during a recent stage performance, where he emotionally recounted how he was introduced to the scheme on April 1st. According to him, he invested ₦10 million from his insurance account into the now-defunct platform.
In a dramatic turn, Taye Currency called out his friends. Sodiq, Small London (Alaba), Lati, and Boda Muba by name and placed public curses on them, blaming them for his financial misfortune.
His story mirrors the pain of many Nigerians who reportedly lost their life savings to the CBEX scheme, which allegedly wiped out over ₦1.3 trillion from investors’ accounts before crashing.
Financial experts have also condemned the incident, attributing the widespread losses to desperation and greed, warning Nigerians against the dangers of get rich quick investments. The CBEX collapse adds to the long list of Ponzi schemes that have defrauded innocent citizens across the country.
