In recent times, there has been a surge in the number of fraudulent cases that have swindled thousands of people in billions of naira. Especially in the corporate sector. Con artists are now leveraging the vulnerability of the media, celebrities, and influencers, to lure unsuspecting members of the public into investing in their schemes, only to later leave them stranded with unexplainable excuses when they were expecting returns on their investments. Damilare Famuyiwa reports…

When investment scheme Racksterl, was endorsed by singer David Adeleke otherwise known as Davido, many Nigerians believed that they were about to make fortunes just by putting a little of their money to work. Amongst the thousands of Nigerians, who on the music star recommendation, considered investing in Racksterli, was Yinka, a student of the University of Lagos (UNILAG).

https://newsrand.com/2021/09/20/racksterli-how-media-davido-and-other-influencers-promote-fraudsters/