Zenith Bank Plc has issued a strong warning to the public, distancing itself from a manipulated video circulating on social media platforms. The video falsely portrays the bank's Group Chairman, Jim Ovia, endorsing a fraudulent investment scheme called “Wealth Bridge.” The bank released the disclaimer on Tuesday via its official X (formerly Twitter) handle.

According to the bank, the deceptive video, reportedly shared from a Facebook account named “Greece Island”, lures unsuspecting individuals with promises of exorbitant returns. It invites the public to engage in a business relationship with the entity, falsely guaranteeing returns of up to N2 million weekly on an initial investment of N380,000. The fraudulent scheme also falsely claims endorsement or approval from the Central Bank of Nigeria (CBN).

Zenith Bank has firmly stated that all claims made in the circulating video are entirely false, urging the public to disregard them completely. This incident highlights a growing trend of fraudsters using AI-generated and manipulated videos to deceive Nigerians.

Notably, just last week, the Director-General of the World Trade Organization, Ngozi Okonjo-Iweala, also alerted the public about a similar fake AI-generated video that falsely depicted her promoting an investment scheme. That manipulated video claimed participants could earn millions of naira within a week from a minimum investment of N380,000, describing the opportunity as an “official programme” backed by the government and managed by financial experts. It also created artificial urgency by stating that limited slots were available.

These schemes typically promise guaranteed high returns, falsely claim regulatory endorsement, and exploit the likeness of prominent individuals to gain undeserved credibility.

Zenith Bank has explicitly cautioned that anyone engaging with the “Greece Island” handle, “Wealth Bridge,” or any related platforms mentioned in the fraudulent materials does so entirely at their own risk. The bank reiterated its standing advice for members of the public to disregard the fake videos and to always verify any investment opportunities through official and credible channels.

In related news, Zenith Bank's unaudited nine-month financial report ending September 2025 revealed a pre-tax profit of N917.4 billion. The report also showed that for Q3 2025 alone, the Group recorded a pre-tax profit of N291.78 billion, reflecting a 6% increase from N275.8 billion in Q3 2024. Gross earnings rose by 16.29% year-on-year to N3.37 trillion in the first nine months of 2025, up from N2.89 trillion recorded during the same period in 2024.