Tag: Ponzi scheme

The Economic and Financial Crimes Commission (EFCC), Port Harcourt Zonal Directorate, has arraigned Precious Williams, a director of Glossolalia Nigeria ...

Nigeria’s Securities and Exchange Commission (SEC) has issued a public warning against Property World Africa Network (PWAN) and its associated ...

This article explains how to spot a ponzi scheme and what to do avoid falling victim.

ANY offer with the words "Trading" and "Guaranteed" is fraudulent. It does not matter if it is currency or bitcoin ...

These Ponzi syndicate has masterminded multiple online platforms, simulating trades in cryptocurrency, mining natural resources, and renewable energy products.

The Nigeria Police Force has finally arrested and arraigned Mr Bamise Samson Ajetunmobi, the owner of Imagine Global Holding Company ...

4 claimants filed the suit on behalf of themselves and 76 others claiming to have been scammed by Chinmark group ...

JP Morgan Chase CEO, Jamie Dimon has referred to crypto assets as decentralized Ponzi schemes.

Ponzi schemes are perceived as a poverty alleviation strategy by many Nigerians who are looking for a way to have ...

The House of Representatives has passed a bill for the second reading, recommending a 10-year prison sentence for operators of  ...