The management of Zenith Bank Plc has advised the public to disregard online videos linking its Group Chairman, Jim Ovia, to an investment platform known as ‘Wealth Bridge’.
In a disclaimer issued Wednesday, the bank said the circulating videos and promotional materials are doctored and entirely fraudulent.
The statement stressed that neither the bank nor its chairman has any affiliation with the scheme.
According to the bank, the misleading content, shared through a Facebook account identified as “Greece Island,” claims that investors can earn up to ₦2 million weekly from a ₦380,000 contribution.
The materials also falsely suggest the endorsement of the scheme by the Central Bank of Nigeria (CBN).
Zenith Bank denied the claims in the videos, describing them as a calculated attempt to defraud unsuspecting members of the public.
It further noted that the video redirects viewers to a webpage purportedly associated with Arise News, where individuals are encouraged to register for the scheme, another claim the bank described as false.
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“For the avoidance of doubt, these videos and promotional materials are fake and have no connection whatsoever with Zenith Bank Plc or its group chairman,” the statement read.
“The bank and Dr. Jim Ovia have not entered into any partnership or arrangement with the individuals or platforms behind the so-called investment scheme.”
The bank urged the public to ignore communications linked to “Wealth Bridge,” “Greece Island,” “delicious site,” “AfriQuantumX,” “Stock market analyst 1,” or any similar platforms promoting the fraudulent content.
It warned that anyone who chooses to transact with the operators of the scheme does so at their own risk, reiterating its commitment to safeguarding customers and maintaining the integrity of its brand.
