Tag: MMM Nigeria

Bank of Ghana issues fraud alert on MMM Ghana
Scams

Bank of Ghana issues fraud alert on MMM Ghana

The Bank of Ghana, the country’s central bank has issued a fraud alert on MMM Ghana. MMM Ghana is owned by MMM Global affiliate. This is the same group of people who ran MMM Nigeria, Ponzi scheme that wrecked many Nigerian investors before it collapsed in December 2016. Bank of […]

Nigerian SEC clamps down on Yuan Dong Ponzi scam
Scams

Nigerian SEC clamps down on Yuan Dong Ponzi scam

The Nigerian Securities and Exchange Commission said it has clamped down a Yuan Dong, a Ponzi scheme operator in Nigeria, In an email statement, the SEC said its has attention was “drawn to the activities of an Illegal Operator carrying on business under the name of Yuan Dong (YDEC)”. See […]

Loopers Club ponzi scam finallly collapse
Scams

Loopers Club ponzi scam finallly collapse

Loopers Club Ponzi scheme has collapsed dashing the hopes of its numerous members who are now victims. By estimate, more than 15,000 people must have lost several millions of Naira to Loopers Club. The Ponzi scam was started in less than 30 days ago. Loopers Club was fashioned after the […]

Trippleup ponzi scam is launching big today
Ponzi Scheme

Trippleup ponzi scam is launching big today

As monitored on one of the Ponzi scheme aggregators, Trippleup, has been promoted to launch today. According to the owners who have not revealed their identities, one of the unique selling point of Trippleup is the claim that members can eradicate online beggars. In the parlance of Ponzi scheme owners, […]