rasputinn:

Solo P:

Guess how much this telecommunication companies are making from Nigerians in their promo, each sms cost =N=100. say =N=100X50,000 people per day, per week and per month then less the few prizes they will give out to the few lucky winners

AjanleKoko:


Shuo, see bashing . . .

But wait o. Did they hold your hands and force you to text YES to i-don't-know-which-short-code to win millions?

Why should they refund money?

AjanleKoko:


Shuo, see bashing . . .

But wait o. Did they hold your hands and force you to text YES to i-don't-know-which-short-code to win millions?

Why should they refund money?

tkb417:

see Manager defending in people

cecegorz:

Chairman,
You and i knows that this is totally a fraudulent process right from day one. The likes of Madoff that recently got sentenced in the states for their PONZI schemes did not also force people to invest in their bogus investment schemes. But when they were found out, the law rose up to protect its citizens(some of whom had borrowed and invested what they probably could no longer repay in their lifetime)

AjanleKoko:




I know say e dey pain you. Oya, we go put your name for back door, make you hold small thing
But how is this thing a Ponzi scheme? The winners are published, there's no magomago. We even get the likes of Phillips Consulting, KPMG, and Alex Forbes to do the random selection for us. Una just dey yarn opata for here jare.

The only issue is with the lottery commission. Now, telcos are being asked to get a lottery license, or partner with licensed lottery operators.
As per the random text messages, take time out to read the T&C on the operator's website. When we sell you a SIM, we are legally allowed to send you any message, so long as we're not sending on behalf of a third party, and we are communicating about our services. So next time, just ignore the messages. I know say tkb wan go Old Trafford, he fit don go recharge 100k for im dormant glo line

Generally, promotion is communicating with the public in an attempt to influence them toward buying your products and/or services.

A Ponzi scheme is a fraudulent investment operation that pays returns to separate investors from their own money or money paid by subsequent investors, rather than from any actual profit earned. The Ponzi scheme usually entices new investors by offering returns other investments cannot guarantee, in the form of short-term returns that are either abnormally high or unusually consistent. The perpetuation of the returns that a Ponzi scheme advertises and pays requires an ever-increasing flow of money from investors to keep the scheme going.

AjanleKoko:


;
But how is this thing a Ponzi scheme? The winners are published, there's no magomago. We even get the likes of Phillips Consulting, KPMG, and Alex Forbes to do the random selection for us. Una just dey yarn opata for here jare.

bidemi12:

aside the text messages (which i agree is annoying), did MTN force anybody to participate in their lotteries/games. better looking into a mirror to question your greed and desperation. Why dont you claim that the USA visa lottery is 419 too. millions apply from Nigeria but less that five thousand people actually do get the visa's. How about that?

wirinet:

MTN literally cannot be said to be putting a gun to our heads and telling us to send them N100, but there are lots of ethical, moral and even legal issues about the way they have been carrying out their promo sorry lottery nowadays. In the US and EU, Microsoft was taken to court and fined for unethical business practices because they were using their dominance to stifle competition. Martha Stewart was sent to jail just for having inside info on stocks and trading based on it. Here she would receive accolades for being smart.

You see most Nigerians are in a state of desperation ( that is why our churches and mosques are always filled to the brim) and taking undue advantage of that without providing any service is morally wrong.

How can you compare US lottery visa to the MTN scam? First the US embassy did to ask anybody to pay one cent to apply unlike MTN in their dubious promo that tells you to sent N100 to apply. Then the US Government aptly named the program for what it is - A LOTTERY, and not a promo. Finally, they specified right from the beginning that they are going to reward N5,000 Nigerians and N55,0000 people world wide, please tell me how many people MTN promised to give 20,000/2,0000 or 10,000 and how many have they given, also let them tell us how many people they have collected N100 from.

That is why we will always remain backwards, we invite others to ra.pe us while remaining docile and even blaming ourselves instead of the people exploiting us. I am sure some people will fight to defend MTN's right to exploit us.