What you should know about Greateven ponzi scheme

Greateven Ponzi scheme says it wants to connect people and create wealth by giving 100% return on investments within 24 hours. The program is one of several schemes where investors are required to donate and expect a return within a certain period.

Information available on the site says that the company was founded by a team of enthusiastic humanitarian specialists who wanted to overcome the routine and create a platform that would act in the market not only for business success but for the sake of humanitarian and financial empowerment services.

‘Upon registration, you will be required to donate the sum of either NGN10000, NGN20000, NGN50000 or NGN100,000 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 100% (i.e. 100% of N10000 is N20000 100% of N20000 is N40000 and 100% of NGN50000 is NGN100000)’

The promoters also claim to have created the site in a bid to help people live without having to work or rely on anyone else for cash. ‘The well being of the populace are our long-term lead. The commitment of our members sets us stand out from the crowd, while we develop people for the enduring liability in a real-time process.’

At first, it usually seem like the promoters of these ponzi scheme have good intentions with the soothing words on their sites, but in the long run turns out to be disaster. It has been seen how many ponzi sites have left their investors stranded after crashing.

Ponzi schemes like Greateven is never a good option for investment and will never be. The idea is simple, they basically rob Peter to pay Paul. That is, your investment is used to pay others, vice versa but does not continue as the chain ends up breaking.

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