Zenith Bank Disowns ‘Wealth Bridge’ Investment Scheme, Warns Public Over Fake Jim Ovia Endorsement Video

Zenith Bank has disowned ‘Wealth Bridge’ Investment Scheme and warned te public over fake Jim Ovia endorsement video.

NewsOnline Nigeria reports that the management of Zenith Bank Plc has cautioned members of the public to disregard viral videos falsely linking its Group Chairman, Jim Ovia, to an investment platform known as “Wealth Bridge.”

In a disclaimer issued on Tuesday, the bank described the circulating videos and promotional materials as doctored and fraudulent, stressing that neither the institution nor its chairman has any affiliation with the scheme.

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According to the statement, the fake content shared via a Facebook handle identified as “Greece Island” claims that Dr. Ovia endorsed the platform and is encouraging Nigerians to invest. The scheme allegedly promises returns of up to N2 million weekly on a N380,000 contribution.

Zenith Bank categorically denied the claims, warning that the advertised returns are unrealistic and that the bank has no knowledge of, or partnership with, the promoters of the scheme.

False Claims of CBN, Arise News Endorsement

 

The bank further debunked assertions in the video suggesting that the investment scheme has the backing of the Central Bank of Nigeria. It described the claim as entirely false.

Additionally, the fraudulent content reportedly redirects unsuspecting individuals to a fake webpage resembling that of Arise News, complete with a registration portal designed to capture personal information.

Zenith Bank emphasized that these materials are part of a broader scam operation intended to mislead the public.

Bank Issues Strong Disclaimer

 

In its statement titled “DISCLAIMER,” the bank clarified:

“Our attention has been drawn to a doctored video and still pictures currently circulating on social media, purporting to depict the Group Chairman of Zenith Bank Plc as endorsing an investment scheme called ‘Wealth Bridge’… This claim is entirely false and has no connection whatsoever to the Group Chairman, the Bank or any of its affiliate companies.”

The bank added that any individual who engages with the “Greece Island” handle, “Wealth Bridge,” “delicious sitee,” “AfriQuantumX,” “Stock market analyst 1,” or related platforms based on the fraudulent videos does so at their own risk.

Public Advised to Stay Vigilant

Zenith Bank urged customers and the general public to exercise caution when approached with investment offers promising unusually high returns, particularly those falsely linked to reputable institutions or public figures.

The bank reaffirmed its commitment to protecting customers and maintaining transparency, while encouraging individuals to verify financial opportunities through official channels before making any commitments.