Zenith Bank Plc has dissociated its Group Chairman, Jim Ovia from videos circulating online claiming that he endorsed an investment scheme known as Wealth Bridge. The video is a “fraudulent communication,” the bank said on Tuesday.
The commercial bank, in a statement shared on its verified X handle urged members of the public to ignore the promotional video, describing it as fake with no ling to the Group Chairman.
The bank said that the videos which circulated through the `Greece Island’ Facebook handle, promised prospective customers of up to two million naira in weekly returns on a contribution of N380, 000 investment.
The bank however warned members of the public who conduct business with the entity that they are doing so at their own risk, as the commercial bank and its chairman has no link whatsoever with it, adding that the claim in the video, to the effect that it has the endorsement of the Central Bank of Nigeria, CBN, is untrue.
“The video redirects unsuspecting members of the public to an alleged Arise News webpage with the details of this scheme and an embedded registration portal for signups.
“This claim is entirely false and has no connection whatsoever to the Group Chairman, the Bank or any of its affiliate companies. The general public is hereby advised to disregard these fraudulent communications.
“Anyone who engages with the Greece Island handle, Wealth Bridge, delicious site, AfriQuantumX, Stock market analyst 1 or any other entity on the basis of these fake videos and images published by impostors, does so strictly at his or her own risk,’’ the bank stated.
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