We all know that ponzi schemes are wide umbrellas shielding Nigerians from the scorching heat of recession. Participation in ponzi schemes is like the last leap of faith with a faint hope of survival as things go from Worse to worst. The saying that “Every business is a risk” is a readily given reply to anyone dissuading “ponzi schemes faithful” from participating in ponzi schemes. “Constituted Authorities” have warned, "re-warned" and are still warning Nigerians to stir clear of ponzi schemes but they are yet to shout above the hammering voice of the Nigerian Economy, so the journey continues.

Not a day passes without someone calling me up to introduce a new ponzi scheme, so I thought if we can’t do without them, we can at least forecast ones that can relatively last.

WHEN YOU NOTICE THESE THREE SIGNS IN A PONZI SCHEME, FLEE BECAUSE IT WON’T LAST!!!

· YOU NEED TO REFER PEOPLE TO SPEED UP YOUR PAYMENT: Referring people to the scheme is a means of sustaining the scheme but when it becomes a criterion for you to get paid, my guy stop at the next bus stop, simple! This is because everyone needs money but not everyone is a marketer. Convincing people after a very “wonderful” display by MMM is no longer beans


· WHEN THE WEBSITE IS NOT ALWAYS AND READILY AVAILABLE: If a ponzi scheme operates a website that falls within this category, its highly unreliable and susceptible to closure any moment without hints. Imagine the heart attack you experience when you intend to log in after investing a huge sum and gets “error 504” as response not just once but most times when you make an attempt at logging in. Stay healthy, avoid heart attack, and stay away from such ponzi schemes.


· WHEN IT’S EASY TO CHEAT THE SYSTEM: When you notice you can cheat the system of a ponzi scheme, remember “hunger brings inspiration” and Nigerians are not dummies, thousands must have discovered that before you. When everybody is a cheat in a system, the system will soon give way. Examples; notice in giver’s forum, you could get paid referral bonuses for your down-lines even when they don’t redeem their pledge, now that’s porous because sharp guys like me can create” black hat” or “ghost” accounts and get rich without trying Lol. In other ponzi schemes, you can get millions of naira from just referring people after pledging just 20k; such schemes won’t stand for long. It’s true that a ponzi scheme is supposed to give you unrealistic surplus, this trait alone guarantees it won’t last forever but if the surplus becomes unbelievably unrealistic it would crash even faster.


In this season of “ponzi mania”, be wise and play safe. Cheers!

source: http://www.naijagong.com/2017/01/red-flag-avoid-ponzi-scheme-when-you.html