Zenith Bank Plc has publicly distanced itself and its Group Chairman, Jim Ovia, from a deceptive investment scheme named "Wealth Bridge." This scheme has been promoted through a manipulated video that claims to offer exorbitant returns on investment, which has falsely been linked to Ovia and the bank. The video purportedly appears on a Facebook account called "Greece Island," promising enticing weekly returns to investors, which Zenith Bank has declared as entirely false.

In a statement posted on their official X (formerly Twitter) account, Zenith Bank instructed the public to be wary of such misleading content and clarified that neither Jim Ovia nor Zenith Bank has any affiliation with the fraudulent scheme or its promotions. They emphasized that the claims made in the video, including alleged endorsements or approvals by the Central Bank of Nigeria (CBN), are bogus. The bank is taking this matter seriously, urging individuals to ignore the video and similar content disseminating false information.

Additionally, the bank mentioned that the misleading video directs viewers to a website resembling Arise News, which contains registration portals that may attempt to collect personal or financial information from unsuspecting individuals. Overall, this situation highlights the need for vigilance against online scams that exploit the reputations of credible organizations and individuals in Nigeria.