Zenith Bank Plc has cautioned the public to ignore fraudulent videos circulating on social media that falsely portray its Group Chairman, Jim Ovia, as endorsing an investment platform known as “Wealth Bridge.”
In a disclaimer issued by its management, the bank described the videos and related promotional materials as fabricated and entirely unconnected to the bank or its chairman. The statement clarified that the content, which has been shared through a Facebook handle identified as “Greece Island,” is the handiwork of fraudsters seeking to mislead unsuspecting members of the public.
According to the bank, the doctored video promises investors returns of up to ₦2 million weekly on an initial contribution of ₦380,000—claims it described as false and deceptive. It further alleged that the scheme falsely claims endorsement by the Central Bank of Nigeria (CBN), a claim Zenith Bank firmly denied.
The fraudulent material reportedly redirects viewers to a fake webpage designed to resemble that of Arise News, complete with an embedded registration portal to lure potential victims into signing up for the scheme.
Zenith Bank emphasised that neither the institution nor Dr. Ovia has any knowledge of or affiliation with “Wealth Bridge” or similar entities, including “delicious sitee,” “AfriQuantumX,” and “Stock market analyst 1.” The bank stressed that it has not entered into any partnership with the promoters behind the scheme.
For clarity, the bank reiterated that all referenced videos and promotional materials are fake and urged the public to disregard them entirely. It warned that anyone choosing to engage with the identified platforms does so at their own risk.
Zenith Bank reaffirmed its commitment to protecting customers and advised the public to verify investment opportunities through official and credible channels before committing funds.
