The rush for money in a biting recession is unending. Globaclock, a Ponzi scheme under the same get help and ‘provide help’ just like Twinkas is making waves.
Globaclock has no product or service that it provides other than the ponzi system where people pay to double their funds for an unreasonable amount in 21 days that activates the greed in its members.
On its website, you are greeted by faces of purported Indians who probably do not even know about the scheme might. One analyst said the picture is aimed at hoodwinking potential victims that Globaclock has a face to its operations. However, there are no proofs that folks in the picture are the real owners of the scam.
Should you be wondering why Globaclock is just another scam that will soon burst, This is how it works:
When you Join, you will need to donate the sum of either NGN10000, NGN20000 or NGN50000 to a fellow member assigned by the system or your direct link, and the member will then confirm your donation and then the system will automatically assign 2 other registered people under you from spillovers who will also pay you the joining amount each, into your bank account, making 200% (i.e. 200% of NGN5000 is NGN10000, 200% of NGN10000 is NGN20000 200% of NGN20000 is NGN40000 and 200% of NGN50000 is NGN100000).
It sales pitch says ”Globaclock does not really wait for the 21 days before matching you for payment, you can receive your payment between day 4 to day 21, you can be matched automatically within the first 7-days but not later than 21 days maximum.”
The fact that Globaclock is promising Nigerians 200% on any amount they put into a scheme they do not have to do anything about is not only attractive but ‘possessive’.