Fast Recycler is another money doubling scam


For those set of Nigerian who wants to take the fast lane, here is another big fat lie from fast recycler, promising about 100% interest on investment.

The system claims to be a ‘fast’ and effective online money doubling program aimed at Nigerians helping fellow Nigerians double their investment and in return get back double of what they invested in a week.

The scheme like the others encourages members to quickly provide help within hours of being matched with another member as it claims to have an accurate statistics of matching system.

It also encourages its members to refers others in a bid to increase their take out from the system by promising additional NGN10,000. ‘We won’t stress you out to refer people in order to earn with Fast Recycler, sit comfortably at home or place of work and wait for the cash as they come. But hardworking people will earn extra ₦10,000 if they happen to refer just three members. Yes – just three.”

What kind of system encourages hard work yet rob people to pay other people? It is also obvious that the website is a quick fix by those who have lost out in the preceding ponzi scams such as MMM.

The website was built in 2017 and has no data on alexa or other ranking sites neither are the owners known. Fast recyler is one of the fast rising ponzi promoters who are looking for whom to devour.

If Nigerians can heed to the advise of the apex bank and other financial authorities to desist from investing in schemes that promise heaven and earth, they will all fizzle out. in no time when they have no one investing hard earned money.

Fast recycler is another ticking bomb, stay away!