N2bn Ponzi Scheme Fraud, EFCC Declares Christ Embassy Pastor And Wife Wanted 

The Economic and Financial Crimes Commission (EFCC) has declared the Pastor of Christ Embassy, Onyinmiebi Bribena (Miebi Baraza) and his wife Beatrice Bribena wanted for carrying out a ponzi scheme fraud to the tune of N2bn.

The EFCC made this known through an alert urging persons with information about them to contact any of its offices across Nigeria.

The Bribena family are the promoters of Baraza Multipurpose Cooperative Society Limited. Onyinmiebi Bribena is also a chieftain of the Peoples Democratic Party (PDP) in Bayelsa state.

He is accused of scamming thousands, including his church members, of billions of naira after promising a 25 percent Return on Investment (ROI) monthly.

In 2021, the victims repeatedly visited the company’s headquarters on Otiotio Road in Yenagoa to seek a refund. The EFCC has sealed the building.

The company also has branches in Port-Harcourt, the Rivers capital, and some other parts of the country

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