Ponzi Schemes, easy money promised through an elaborate network in which participants pool money for individual’s benefit, may have cost Nigerians more than 486 million dollars...
by: Yusuf Akinyemi On Sunday, March 28, 2021, Nigerians on social media expressed their dissatisfaction on Racksterli, a ponzi scheme disguised as an investment platform. This...
The Nigerian Deposit Insurance Corporation, NDIC, has said that an ?estimated three million Nigerians lost N18 billion in the MavrodiMundial Movement, MMM, ponzi scheme. While speaking...
Promoters and participants of Mavrodi Mondial Moneybox, otherwise known as ‘MMM’ in Nigeria, are currently in panic as the ponzi scheme has been frozen. All confirmed...