Nigerian Crypto industry endorses bill proposal to jail Ponzi operators
The Nigerian cryptocurrency industry has applauded a fresh proposal to clamp down heavily on operators of Ponzi schemes and other ...
Tag: Ponzi Schemes
Crypto scammers now prefer Pig Butchering scams over Ponzi schemes - Report
In the past year, Crypto scammers have pivoted away from running large and complex Ponzi schemes to favouring more targeted ...
Why do Nigerians fall for Ponzi schemes every time?
The nature of Ponzi schemes is often rooted in the desire to make quick money or easy gain.
EFCC flags Racsterli, MMM, others as Ponzi schemes
The EFCC declared Racsterli, MMM, Galaxy, and Brad Crash Ponzi schemes used to defraud the public
86FB: Why Nigerians keep investing in Ponzi schemes
Despite the SEC's countless warnings against the activities of promoters of fraudulent schemes, many seem to continue to fall victim...
SEC expresses worry over resurgence of Ponzi schemes, illegal fund managers
The Securities and Exchange Commission (SEC) has expressed serious concern over the resurgence of Ponzi schemes and illegal fund managers ...
Next Ponzi: Why are more Nigerians falling victim to Ponzi gimmicks?
The Economic and Financial Crimes Commission (EFCC) has received an average of 1,000 letters filed against Ponzi scheme operators every ...
Founders on the run as ponzi scheme bubbles burst
The Economic and Financial Crime Commission (EFCC) has arrested and is prosecuting about ten Ponzi scheme operators who have allegedly ...
How to protect your crypto from cyber robbers
Nairametrics proffers some vital solutions on how best to protect your crypto assets.
Dear Nigerians, beware of Bitcoin fraudsters
The fraudsters use both old and new tactics to defraud their targets in schemes based on Bitcoins exchanged through online ...
