Loopers Club ponzi scam finallly collapse

MD Fund

Loopers Club Ponzi scheme has collapsed dashing the hopes of its numerous members who are now victims.

By estimate, more than 15,000 people must have lost several millions of Naira to Loopers Club.

The Ponzi scam was started in less than 30 days ago. Unlike Bitcoin Loophole, Loopers Club was fashioned after the usual social financial network model where people donate money to themselves without a central bank account.

In their typical excuse, owners of the site announced that the site will be going on routine maintenance. A former member of the scheme told PageOne.ng that Loopers is gone for good. He actually hinted that the owners of the scheme might be looking at starting another one should they find it impossible to convince people that the scheme will restart.

Another Ponzi scheme analyst said Loopers Club will surely come back but will not last for long. He hinted that the comeback will be the final onslaught by the owners to finally sign out of the site.

In early January, Loopers club was launched with much fanfare. The site was well designed to hoodwink people into seeing it as a different scheme that is ‘here to stay’.

Looper Club website was registered on the 24th of January, 2016 with NAMECHEAP INC.

In its marketing pitch, Loopers Club described the scheme as “Loopers Club is a free platform where you get 200% (two) of the money in 7-14 days.”

The scam is very much similar with TwinKas where members are promised get 200% of the money in a few days without doing any referral work and or downlines required by MLM schemes.

Owners of the site have hidden their identities to make sure their scam is a ‘perfect scam’. A Ponzi scheme analyst who craved anonymity said the owners of Loopers Club are former and current MMM Nigeria promoters who have either lost huge money or made a kill from the popular scam.

The month of February will go down in the history of ponzi scheme as a very ‘bad’ month. This is because, several ponzi schemes have met their waterloo. Claritta, a very popular scheme collapsed in the tail end of last week with millions of victims also losing million to the scammers who run the scheme.

CitiFund, another popular Ponzi scam has not been allowing its members to get back their funds. The following days will determine if Citifund is also ‘done for’.

Late last week, MMMM Nigeria, the largest digital Ponzi scheme to have entered Nigeria announced that it is restarting. The statement meant that over NGN5 billion (based on estimates from analysts) invested into the scheme in 2016 has gone for good. MMM Nigeria was employing its members to start afresh by investing fresh funds.

An analyst told PageOne.ng that the drill to identifying Ponzi scams is still the same. When a financial services related company cannot disclose who is running the show, it is a problem. As its stands, neither Claritta, Citifunds, Donation Hub and now Loopers Club state who and who runs the show.

There are no guarantee MMM Nigeria can stage a comeback with its dented image. Loopers Club might come back but the message must have gone far and wide.

104 thoughts on “Loopers Club ponzi scam finallly collapse

  1. Yes true. I also can’t access it. saying “Be Right Back”. Thank God supernaira.com & twinkas.com have not stopped since inception :d.
    #recession savers

  2. Hahaha lie kill Una…. Hand work of MMM owners bad belle. Who send Una go holiday way make we run… Noinsense! (In falz voice)

  3. i have witness different types of ponzi that looks crowdfunding but the ones in Nigeria is amazing and i wonder why Nigerians are not taking there time to study and understand these set of people or group.

    They show up for like 2 weeks looking real and then what happened next?

    1. they are doing upgrade

    2. they are trying to move to another hosting

    3. the number of people accessing the website is too much so we have to shut down and we will be back shortly.

    These are just few examples of their unreliable excuses. before you started it, were u not thinking of what might happen next or what? the positive side and the negative side of it. Nigerians should wake up now. these are set of group or friends who place themselves at the top and earn more while other small monkey run up and down to meet up.

    As at 2 days ago, a friend of mine told me about the issue he is facing. so we planned to register again which was done around 2:00 am this morning. but this same person have already PH to someone of N100,000 and for more than 2 weeks now nothing happened in terms of matching for others to provide help. just in some secs, he was matched again to pay another person N100,000. you can’t believe what happened? the person called around past 2:00 am and he picked up and he said you have been matched to pay me. from which network? he said “citifund”. then further questions continue that what are you doing up this late to ask me for fund? no good answer. the next question goes again, when did you registered that you were paired immediately for me to pay you? yet no good answer.

    Then the guy in question from citifund said, you can pay N50,000 and balance me up the rest later if i can trust you so as to confirmed you. one amazing thing again was that underground we can hear other speaking faintly, teaching him what to answer.

    the summary of all this is that when you pledge 50k and 100k, you are paying to them directly not within people of your type in their database. they spread the matching within themselve with like 85% while the normal individuals share just 15% and we think they are doing great job.

    please guys watch your back because you have been scammed big time. please avoid them very soon they will start changing their Names and coming up with different type.

    those who belong to this scam are http://www.citifund.org, http://www.nairapropeller.com, http://www.paymenaira.com, http://www.bigbankalert.com and be very careful on how you deal with them all.

    peace out friends

    1. You are right. I registered on the site and was just doing my usual thing — pledging help of N700,000 to participants with the sole purpose of fishing out the scammers details. And it paid off. I was matched to pay one particular guy 500k twice, another one 200k over 3 times.

      Now i have pledged a total of N5.6mm in Loopers Club.
      The participants should not bother calling because the phone number is fabricated — sorry if it happens to be a real number(them go curse d person tire).

      On to the next one to catch myself some real fun, this time with a real number. I want to hear and feel people’s (site owners and real participants) reactions when they are matched to receive help and the Hope Dasher comes along with his good news. Since we have all gotten lazy to work.

  4. Why are u guys dis wicked? U are doing dis bcox ur afraid of loopers cox of d rapid new members dey are gathering each day!Leave us alone bad belly we ve sign to take d risk. Stop doing dis job cox it will never pay u! I invested on loopers and I’m not afraid to loose.loopers 4life. Here we go

  5. MMM is back. Just that we old users are not been paid…(no one is Phing)Loopers we are awaiting oo, biko come back!! You are doing best

  6. I think the site has crashed .this is pure scam.I paid huge sum and about to upload but for the past 5hrs I couldn’t .

  7. Pls support help me out. I registered in the morning. Assigned to pay someone. I paid but couldn’t upload for confirmation because the site was down. I couldn’t assess the site again. Pls do something for I have evidence of the payment I made since morning.

  8. I Made a payment on Saturday and was waiting 2 b paid back only 4 MI 2 login 2day I was asked 2 fI’ll in different details of dates person I paid wch I did.and now am merge 2 pay someone new again wen I have not bin paid 4 d 1st one I did..pls in really don’t get

  9. I registered and was assigned to pay someone which i did but when i log in on 14th February, 2017 between 7 & 8am i was asked to update my account after i have done that the next information i got is that i should start afresh or lose whatever i have already invested .

  10. Registered and paid someone on Sunday 12/2/17. Had difficulty logging in all through Monday. Eventually on Monday evening/night, the site let me log in asking me to update my details. I have just updated my deets. Upon doing so I saw a dialog box that read, start a new loop, ‘you are required to start a new loop within next Days or your account will be deleted.’

    Say it isn’t so…

  11. Loopers, I just paid someone since yesterday morning, I have been calling him since that yesterday to confirm me, he was like he wl soon confirm me. meanwhile I have updated my details of my payment this morning. Hope it won’t affect paying my money back oo, cos I don’t get dat guy at all.

  12. Hey guys I dnt no d issues u pple are having but as for me I logged in this morning, updated my account and my timer started from. Where it stopped sane with my friends so let’s jst relax

  13. pls ooo help me i am new in loopers. i registered o saturday made payment and the person confirmed me. my timer has already started reading but to my greatest surprise this morning when i logged in i was asked to fill a form which i did. and now my page is asking me to start a new loop or i will be deleted. pls do something.

  14. You guys are just panicking for nothing.
    Loopers is currently up ‘n’ running.
    You end up scaring away those that will pay you with your useless complain.
    As for me, I am with Loopers to the end.

  15. Loopers is the best!
    May God purnish you with heavy leprosy for trying to kill another man’s business. Goat stories.

  16. Let’s all roll with Get Help Worldwide or Pairme. No other like them. Let’s drown all these dudes that are out just to drain our pocket and cause panic.

  17. The problem is we are just so greedy and impatient. We just need it sharp sharp so the Come up and promise us 1000% in 48hours and our eyes start bulging like roasted cows. A few days after its all complains and tears.. Make we learn abeg

  18. Loopers, wooper, Loopers evildoowers well its a gamble just like naira bet u gain some u loose some life goes on but remember there is God ooh

  19. Pls can we all learn optimism n stop all dis scaryng nonsense. Loopers is up n workng well no cause 4 alarm. Ppl are being mergd n pd. If u hv issues pls channel it righly n u’ll get d right respons.
    Long live loopers!

  20. who says loopers is gone? logged in this morning and my time is still reading.pls don’t create unnecessary panic that will scare would be phers away,bikooooooo.

  21. what happens if you reloop and you haven’t been paid before on loopers club. is thr anyone here with the same problem? pls indicate.

  22. I was initially worried and must have sent a million mails to support but its been rectified n im waiting to be matched. I remain positive jare

    1. Hello Stella. My account is reading zero after it was modified and updated but later it told me my credentials does not match. How do I resolve it.

  23. This whole is issue of loopers club…hmmm its scary… I wanted to register and make payment but with all this ish…Not interested anymore

  24. Loopers just had a temporary set back. Yes, they got hacked but their response was prompt and professional to salvage the situation. I did follow the update process as I made payments on Saturday, yesterday I got merged and was paid. PageOne should be professional in their blogging and not cheap media stunt! It’s back guys!!! It’s live and for real!!!

  25. Forget Loopersclub its a big scam each time you logon the counter restarts…….come and join Get help worldwide (GHW)….

  26. You can only mislead the gullible and lily-livered by-standers.
    Loopers paid me today. I have already started another loop.
    Ewu Awusa!!

  27. Those ones saying somebody paid me today, loopers is back, goat stories, are all part of the fraud mercinery. I registered and paid somebody, uploaded my POP, called the guy to confirm my payment. Immediately after that, i could not access my account. It tells me that my credentials do not match their records. Guys pls be warned

  28. Y mentioning claritta as one of d crashed scheme???. My Dear I got paid on Saturday and also got paid today Monday. ##claritta is a bae….## claritta4life. Claritta.net/nkajima

  29. regardless of any one here,i never care what your comment is,all i will advise people is to stop investing on ponzi scheme,i invested 200k on loopers and 200k on twinkers on same day 9th February,theis two scheme are rippers,they will merge half people and and half people will be a victim of scam like i am,its a gamble any way…..but my advise is that you should not invest on any ponzi if u can try look up to hyip,u will know much about this ponzi,they are have been uprating since 10 years back since the time of egold and liberty reserve…..loopers want me to make another loop and have not gotten paid on the first i invested on 9th till now not merged,twinkas have take off all investors time when they paid and they will come up with an escuse that thier system crashed in the next few days.all this people saying they were paid are the admin memeber of those so called scheme be wise and vigilant my people.

  30. Invest in Gethelp world wide (GHW), and sleep with your eyes closed. Not worrying about being scammed or site crashing as it has been with many other schemes.

    Get Help Worldwide (GHW)
    This platform (GHW) was launched in August and I can say that the founders sat and examined MMM Nigeria and they corrected the flaws present and they designed a system that “might” last forever…
    Get Help Worldwide rules are enforced to guide the users and make the system last for ever…

    There are no Guiders here on this platform,

    Guiders killed MMM Nigeria, a 10K guider will keep cashing out millions every month without doing anything…

    Key details:
    30% + 20% registration bonus on investment.
    10% referral bonus.
    Minimum investment is N1000 and Maximum investment is N2Million.

    You have to Recommit after 3 days of getting paid or you will be blocked.
    You are matched to pay 20-23 days after registration.
    You are matched to Get paid your capital plus registration bonus of 20% of your investment and plus 30% profit on investment, instantly after 3 days of payment.
    No admin fees, no need to refer people.
    Why do I decided to send you this?
    Because I believe you may have been hearing about one online investment here and there. Though some are legit, while some are scam. But I have taken my time to study and make research on all of the available ones, and I found this particular one is unique and secure.
    Secondly I want to be rewarded by the system for referring people to register.
    If you finally make up your mind to invest, please do use my referral link below to register on the site by clicking on it and you will be linked to your dashboard where you will register. You can also contact me through whatsapp on 09033695880.
    My Referral ID :https://gethelpworldwide.com/?ref_id=417831-Egbadu_Clement

  31. @Anony The guy is saying the truth cos he can invest 50k into 4 in twinkas which mounts to 200k and I’m seeing my guys who ventured 250k in twinkas but is there any 250k package there? That guy is on point.This people will be paying half for adverts and half will be victim..This so called twinkas is still with my money but they paid some recently while others are complaining of them seizing their money…

  32. you people should just mind your business i received my 100k on loopers dis monday. loopers is the best and it pays quick

  33. OnePage, your style of reporting is bad. Investigate before you publish online. Loopersclub has not crashed as you have asserted. The site had a DDOS attack which they have rectified. In the course of that assault on their system, as expected, some data were lost, hence the reason they demanded for participants to update their data. If you are updating you must repeat the information you entered originally otherwise your credentials will not match the existing ones. Again, I’m amazed that as a publication OnePage does not know the difference between a ponzi scheme and a peer to peer donation program. For a program to qualify as a ponzi it must have a central account where all participants pay money into, peer to peer doesn’t need that. Please, don’t misinform the public and create panic in a program you have no idea of how it operates. As for the guy that said he did 200k on Twinkas it is not true because the highest package on that platform is 50k. The 100k package is yet to be launched as at today. Finally, if you think all these online businesses are scams, then why not start yours and we’ll all be too happy to join your platform. At least we know you’re the only sincere Nigerian.

    1. I think this effiong guy is one of them, he must either work for Loopers or one of these bastards.. Ponzi scheme is better than this cowards because when shit hits the fan at least you have a background info to begin an investigation. This people know what they are doing and one day their nemesis will catch up with them. The guy who made a comment of them manipulating the matching system by 85% among themselves is very correct. they all have similar patterns, you PH and next thing your getting paid depends on you providing help again so they can match you for double payment.. I was skeptical about MMM and I never invested in it even though I saw people around me make millions from it. However in the same light I know people who have huge sums of money hanging there without hope of ever being paid back and no unlucky bastard to catch and roast alive like a foul.!

  34. Pls have any one heard of Netelites I paid since 2nd Feb ive not been matched for payment.Pls can someone help me out.

  35. loopersclub is full of fake promises,i started with 50k package,for over three weeks now,i hav not been merge and they promise just 14 days,they are now telling me that i can start a new loop when my first loop has not been paid,loopers don see mumu

  36. I registered on the site and was just doing my usual thing — pledging help of N700,000 to participants with the sole purpose of fishing out the scammers details. And it paid off. I was matched to pay one particular guy 500k twice, another one 200k over 3 times.

    Now i have pledged a total of N5.6mm in Loopers Club.
    The participants should not bother calling because the phone number is fabricated — sorry if it happens to be a real number(them go curse d person tire).

    On to the next one to catch myself some real fun, this time with a real number. I want to hear and feel people’s (site owners and real participants) reactions when they are matched to receive help and the Hope Dasher comes along with his good news. Since we have all gotten lazy to work.

    Who wants to catch fun with me?

    Lets go there….

  37. I did one on buzzpay with fake details and went for the highest package as usual — N100k. The dude called and i claimed not to be the fellow.

    You don’t know the fun i am having till you join me in this game. If you work in a bank, or you have someone who does, tell them to display the account of the “participants” you have been merged to make payments to. The facts are very much revealing if you pledge at least 5 times. That means out of 5 participants, only 1 or 2 might be real, the rest are the site owners. Displaying their transaction history will clear all doubts.

  38. I did loopersclub on 11th feb till date I haven’t been merged in stead they telling me to loop another one,I provide100k,pls loopers pay me.

  39. well all I will say is that,it very painful to me that I join one of this site just because I want to pay my house rent,and now the little I have kept to give to the lawyer loopers has taken it and promising that I will get money back in 14day,which I thought I will do till June but where do I sleep from now to June??????????? MMM has about 350k of my money and I have not lost hope in loopers

  40. I have been trying to login into loopers since morning but unable to. Please what’s happening because this is my first time of partaking.

    1. Pls i need my money on loopersclub. I paid #100k and also #20,000 into 3 places. Why not help marge me. This payments are all my first time in participating with loopersclub.

  41. God will punish loppers club.
    If I don’t get my money back I will go online and tell De world how fake ur

  42. Ladies and gentlemen, I want to sincerely advice you to stop giving arms to these fraudulent beggars. And for those admin who come here to curse those telling the truth evil shall befall you if you don’t stop asap cos even if people ventured into this schemes out of desperation majority did so to meet pressing needs. I know of a woman that invested in a scheme to make up her house rent and the money is either hanging or gone now. I will not mention any of these sites here but my candid advice is that u stop throwing away your hard earned money. And for those who have invested heavily God I’ll make a way for your recovery in Jesus name.

  43. So you wanna create your own p2p donation
    website??You need it to be done for u or you
    just need the web script to do it yourself.

  44. Theses are not the only sites that crashed, Monibox, ogafunds that claimed that they just launched on 8th March, is already misbehaving. The only network is see real for now is twinkas

  45. Yes we know its Ponzi scheme. Yes we know some people might fall victim and yes we know some people might just hit d breakthru dey ve been hoping. Now d tin is dont get greedy…use that spare cash not house rent school fess etc…use ur spare cash. Greediness is what kills. Plus Twinkas is stll much Active…use that spare cash now double it. Use the extra again double it…get ur intial money and 2profits now use 1 of d profit to continue. Even if IF ….not anytime soon though…even if it crashes u wont be badly hurt. Twinkas all d way….. I also lost on loopers made 50k but lost 5k. Wisdom.

  46. It’s crystal clear that this ponzi scheme called Loopers club is gone for good. Their web domain can’t be accessible for over a week now. I looped N10k the first time, got N20k after 13days. Then decided to loop the whole sum again, and it’s been a month now, didn’t get merged to receive

  47. wen den dey tell una of d fruad una dey open una smelling mouth dey insult d admin and u guys forget dat wat a man dat is standing is seeing a child dat is sitting can not see it

  48. Loopers Don go. The rest will still follow Them pls nigerias stop this gamb 15o 000 Ewallet for sale twinka say

Leave a Reply

Your email address will not be published. Required fields are marked *