The Dangote Group has raised alarm over a Ponzi scheme in circulation alleging partnership between the “Dangote brand, Nestle, PZ Cussons and other reputable food processing companies” in launching a multi-level marketing initiative that intends to “fight hunger, poverty and stop recession” by paying participants in food.

The group in a release said: “Contrary to the publication widely circulated on social media and mobile instant messaging application, the Dangote brand is neither the initiator nor a partner to the “Happy World Meal Gate” Ponzi scheme and strongly warns the public against participating in such malicious schemes aimed at defrauding un-suspecting participants of their hard earned money.”

Chief Corporate Communications Officer at Dangote Group, Mr Anthony Chiejina noted that: “The faceless entities behind the scheme have sought to achieve cheap legitimacy by associating themselves with the Dangote brand and other reputable multinationals and efforts are on-going to track and prosecute these for unlawful use of our brand name.”

“As it is with other Ponzi schemes, any pyramid recruitment scheme with all mathematical permutations always leads to a dire end for participants who end up losing money. He therefore advised the public to verify any information about the brand on its official website www.dangote.com.”

Source: http://dailypost.ng/2017/05/08/dangote-dissociates-company-happy-world-meal-gate-ponzi-scheme/

Whats d name of the ponzi scheme?

Hmm.......Happy world meal gates. They looked so real.And it was all another scam.SMH.

flames007:
Hmm.......Happy world meal gates. They looked so real.And it was all another scam.SMH.

Duh, all ponzi schemes are scam!!!

MrBrownJay1:


Duh, all ponzi schemes are scam!!!

No o!This ones said u have to register with 10k,then they will give u foodstuffs from the above listed company and eventually still give you back your 10k.Didn't look ponzi to me buh I was skeptical bout the logic behind it.

flames007:
No o!This ones said u have to register with 10k,then they will give u foodstuffs from the above listed company and eventually still give you back your 10k.Didn't look ponzi to me buh I was skeptical bout the logic behind it.

Use your DAMN brain.... If someone wants to give food stuff for free , then they don't need your 10k, DUMBAAAASSSS!
Only scammers do, they will use your 10k to buy 5k food stuff to give you, and keep 5k for the scammers!

MMM in another version. Some people are so gullible