SEC has started holding talks with individuals who took part in the illegal capital market activities of Dantata Success and Profitable Company for refund.
The Securities and Exchange Commission (SEC) has continued its efforts to stop the activities of Ponzi scheme operators in the country
In order to capture digital transactions in the country, the Securities and Exchange Commission (SEC) is making amendments to its rules which it also believes would...
Mavrodi Mundial Moneybox (MMM), the Russian-founded Ponzi scheme which wrecked the lives of so many Nigerians in 2017 is back in business.
Finally, #Loom customers have just been LOOMIFIED as every other ponzi scheme.
Following the launch of Loom, Nigerians have thrown caution to the wind as they rush to partake, forgetting the recent the drama accompanied the collapse of MMM.
This explains why Ponzi Schemes continue to popular in the country, despite the disappointment aftermaths often associated with it.
I am not sure about the education these technology platforms give their users.
If it is too good to be true then it really isn't true!