Posted in Ponzi Scheme

SEC issues scam alert on Loom Ponzi scheme

The Nigerian Securities and Exchange Commission, SEC, has issued formal warning on Loom Money Nigeria,…

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Loom
Posted in Latest Scams

On the road to jail? Derek Loom’s Loom Ponzi scheme gains massive popularity in Nigeria

For many Nigerians who are into Loom Ponzi scheme, they rarely know the man/woman behind…

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Dascoin
Posted in Ponzi Scheme

Nigeria nabs Swissgolden Ponzi scheme promoters, recovers N216 million

It might be an end of the road for three Swissgolden promoters as Nigeria’s anti-graft…

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Ponzi Schemes
Posted in Ponzi Scheme

U.S Sec raises fraud alert on Ponzi schemes targeting seniors

The SEC’s Office of Investor Education and Advocacy (OIEA) and Retail Strategy Task Force are…

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bitconnect
Posted in Cryptocurrency Ponzi Scheme

Why Bitconnect might be a Ponzi scheme afterall

There are very many reasons you will want to invest in Bitconnect. The reasons are…

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Dascoin
Posted in Golibu

Dascoin exposed as a Ponzi scheme

As various government get pissed off by fraudulent ICOs, Dascoin, another pseudo-digital currency might have…

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Twinkas
Posted in Golibu

What is Twinkas Ponzi scheme up to?

During the Ponzi scheme bubble, Twinkas Ponzi scheme was one of the high-flying players that…

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Nomura
Posted in Golibu

OneCoin scams Chinese investors, to shut them out of planned ICO

The chicken might have come home to roast for OneCoin investors in China, either on…

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ponzi
Posted in Scams

China releases timetable to crackdown on Ponzi schemes

China might join the league of countries clamping down hard on Ponzi schemes and other…

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Floral Investment
Posted in Scams

Floral Investment collapses, makes away with investors’ funds

For many people who have invested Floral Investment, the chicken might just have come home…

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