Surebanker is a ponzi scheme fashioned after the usual social financial network model where people donate money to themselves.
While peer to peer lending is legal beneficial to all parties so far as they are registered with the appropriate authorities, Surebanker has nothing to do with it.
This scheme is peddled with the sophistry ‘without a central bank account’ but its modus operandi is the normal ‘Provide help’ and ‘Get help’ format but with a lower investment rate.
One of its claims is that its members will get 100% extra of their donation in 72 hours (maximum time).
Surebanker operates ”With 4 Donation Plans and payments of ₦1500 ( Bronze plan), ₦3000(Silver plan), ₦12500(Gold plan) and ₦37500(Diamond plan), meeting any financial goal has never been this easy”.This is how it works ”BRONZE PLAN (Receive ₦4,500);Sign up on Surebanker, Click to Donate ₦1,500 and a member will be matched to you. Once your donation is confirmed by the funded member, you are admitted into Bronze Plan where you will be matched with 3 members who will donate ₦1,500 each to you within 24 hours after being matched. You will receive ₦4,500 in total”. And the same goes for all the other plans.
The scheme is described as ”Surebanker is helping people raise money quickly from very little, for any cause. Ready to meet your financial goal?.Raising capital for your business, funding your dream or meeting any financial goal is not necessarily hard. It just takes guts and an opportunity. If you have the guts, we offer you the opportunity. Join Our Team of Voluntary Donors Today!”.
There is sure one of the tricks employed by the early starters to lure participants into the scheme. The domain for the site was registered just this year 2017 and there are no information on who owns and runs the scheme just to make sure their scam is a ‘perfect scam’.
There is no surety and security that guarantees the authenticity of this ponzi scheme which makes it very risky for anyone to invest in it and that is the reason government and security agencies have given warnings to participants of ponzi schemes.