The Central Bank of Nigeria (CBN) has cautioned members of the public against falling victim of various Ponzi schemes being hawked around by fraudsters masquerading as investors.

CBN Director, Corporate Communications, OSITA NWANUSOBI, said this during a CBN sensitization programme on eNaira.

The CBN spokesperson also urged members of the public to reject any appeal to invest in any institution that is not regulated by CBN as doing so amounts to taking a big financial risk.

OSITA NWANUSOBI also cautioned against falling into the hands of people luring members of the public to buy forms to fill for CBN loans.