Another Bitcoin scam has landed on the Nigerian Internet space. If things go as planned, owners of Boonbuy Network Bitcoin Ponzi will have another ‘home run’ like its predecessors that wrecked millions. However, for all it is worth, owners of Boonbuy Network aka BBN will make you believe they are […]
In the midsts of its turpsy-turvy future, OneCoin has appointed Jean Pierre Arens as its new global CEO. There is no concrete information about the background of Jean Pierre Arens. However, sources to the scheme suggest that he seems to have been in the system for a while. He was […]
Ponzi site, Twinkas have announced the proposed launch of mouth-watering package, NGN350,000. It appears that Twinkas is looking for ways to compensate its pending investors by all means. The message on the social platform reads, ‘TWINKAS LAUNCHING 350K PACKAGE AND 500K PACKAGE VERY SOON. WHAT DO YOU SAY MEMBERS? DO […]
For many followers of various Ponzi schemes, Jackobian with the domain name ‘jackobian.com’ was the top Ponzi scheme forum where promoters and investors meet. However, the past few weeks has been a downtime for the site. Jackobian has since gone offline with no reason on the site for its apparent […]
How do you make it big running a Ponzi scheme? Well you can ask owners of MMM Empire, an exact clone of the collapsed MMM Nigeria. The speed at which you can start your own Ponzi scheme these days is now faster than before. No doubt about it, it is […]
To participants in ponzi scheme, the idea is usually to get in and make some extra cash, and then some get stuck. Here is Wealthchampions, a platform that claims it has come to alleviate poverty and help build a healthy society. According to a statement by the promoters on the […]
It could be said that the quest for quick cash is what has driven many to participating in ponzi schemes like Savefunds despite the risk involved. The promoters say it is a community built on sustainability, where the safety of your funds is guaranteed. According to information available on the […]
Cashclubing is another money double ponzi scheme out there. It comes with the norm of providing help and getting help as the term goes. Upon registration, participants are encouraged ‘provide help’ to another individual with the hope of getting a return including 200% interest. The scheme is said to have […]
Well, the mode of operation of all ponzi schemes in Nigeria is nothing different from what Excellent Finance is bringing to the table. It is just another peer-to-peer program that guarantees a certain percentage as interest on investment. Based on information available on its website, Excellent Finance says its aim […]
A faction of Nigeria’s opposition party, People’s Democratic Party, PDP might be creating a Ponzi scheme like membership. Apart from the leadership crisis rocking the party, the party is also starved of funds after loosing the presidential election in 2015. To get the needed funds, a faction of the party […]