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PONZI SCHEME

News and stories about ponzi scheme

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!
If there is a sure means of getting the attention of Nigerians, it is any money doubling scheme....
The cost of disobedience
They will find little pity from non-investors
Nairametrics| The Nigeria Deposit Insurance Corporation, NDIC, has cautioned Nigerians against investing their hard earned funds in certain...
When will they learn?
Nairametrics|The Securities and Exchange Commission (SEC) recently shut down an investment firm masquerading as a ponzi scheme. The...
Is this the end?