New bill proposes 10-year prison sentence for operators of Ponzi and pyramid schemes
The House of Representatives has passed a bill for the second reading, recommending a 10-year prison sentence for operators of ...
Tag: MMM
News and stories about MMM
Nigerians are falling yet again for MMM as it makes a come back
Mavrodi Mundial Moneybox (MMM), the Russian-founded Ponzi scheme which wrecked the lives of so many Nigerians in 2017 is back ...
Angry Nigerians storm Loom office as Ponzi scheme crashes
Finally, #Loom customers have just been LOOMIFIED as every other ponzi scheme.
Before you get ‘Loomified’, beware of the latest ponzi scheme in town
Following the launch of Loom, Nigerians have thrown caution to the wind as they rush to partake, forgetting the recent the ...
How to Know If It’s A Ponzi Scheme
If it is too good to be true then it really isn't true!
MMM to launch its own cryptocurrency before year end
Controversial lending scheme, MMM will soon join the over 1400 cryptocurrencies in existence if statements by its founder Sergei Mavrov ...
Why Ponzi scheme MMM paused its operations in Nigeria again
Ponzi scheme MMM, which has had a chequered history in Nigeria, has once again suspended its operations. Operators of the ...
Are these 4 of the worst Ponzi schemes in Nigerian history?
If there is a sure means of getting the attention of Nigerians, it is any money doubling scheme. Nigerians have ...
CBN has revealed how much Nigerians lost from MMM
The cost of disobedience
About Helpcolony, the new scheme that has replaced MMM
Nairametrics| It appears Nigerians are still gullible when it comes to Ponzi schemes as helpcolony.com another get rich scheme has been ...
