add bullionvan to the list....dudes beware of dese guys o, they gat nofin to offer

Immediately I saw MMM in the list, I marked it bad.

MMM all the way.
Together we change the world.

#IstandWithMMM

Nice one OP. I just register on those Ponzi scheme with fake name, email, acct number, bank name. You need to see the way the f**ols keep calling me to say you've been merge to pay me. Pay FIRE!

Boleyndynasty2

dominique:
A whopping 140 sites!!! Not to talk of the countless whatsapp and telegram groups. Why are we like this in this country?

I asked the same question. I realize its our way in this country- reap without any labour. And ofcos, the govt gets the blame. Its like a tanker ladened with fuel that fell, ppl rush with buckets, fetching "free oyiii". Later, we see their burnt images on facebook. We screem! Only to look out the Window and gbam, another tanker has fallen. What ll an average nigerian do? Ur guess is as good as mine...

yine:


What kind-of business please..

Clothing ma broda.....am making it bit by bit

TsaTrinity:
Am with u OP......he that has sense let him avoid this. Use the money to establish something. I started my current business with 2k5 and its making waves....talk more of what 10k, 12k5, 25k can do.....
I rest my case

you mean your pure water hawking business or what?

nurez305:
you mean your pure water hawking business or what?

Lol.....at least it fetches money but daz not wat I did. I went into clothing and accessories

iamwhat:
#SayNoToPonziSchemes

Ponzi scheme is any platform where you're required to donate, pledge or give some amount of money to get huge percentage in return.

They'll tell you there's no central account, in fact they'll require you to send your donations or pledge to another participant's account to create the illusion that the owner of the ponzi scheme is not gaining much money.

This is a fat lie, Ponzi scheme owners gain a lot of money to themselves out of the total transactions made on their website while they share the remaining money to the early registered members systematically, so as to use it as testimonies to bring in new ignorant members.

Someone said his friends made N99 million within a short period of time by creating a ponzi scheme website. They will tell you all you need to donate is N4,000 and you'll be given N20,000 by receiving N4,000 from other five members.
Don't mind them, they are thieves, most of your N4,000 are going to a dedicated account only few goes to ordinary members' account.

They'll even tell you not to bring downlines of course they're playing on your intelligence, they know you'll definitely introduce people to it so as to quickly get back your money.

Most of these websites don't last more than 2 months and only the early registered members gain from it because mathematically, its not sustainable, WHY?

When you donate N4,000 to someone, the system will pair 2 people to donate N8,000 to you, Immediately those 2 people pay you, the system will need
4 people to satisfy the 2 people that paid you and
8 people to satisfy the 4 people and
16 people to satisfy 8
32 to satisfy 16.............
People register very fast on these websites, in fact in less than 3 days, more than 30,000 people may register,
If 30,000 people should register, the system will need 60,000 newly registered members to satisfy the old ones at this point the pairing becomes very slow because the system will need 120,000 people to satisfy the 60k and 240,000 people to satisfy 120,000 automatically the system is heading to its doom and before you know it, the website is shutdown, of course you cannot hold anyone responsible for your lost because of the terms and conditions given, and by the time the system shutdown less than 20% of memebers would have gotten their money.

Compiled is the list of websites you should stay away from, add any other one you know and pass it on to save ignorant Nigerians from these greedy computer programmers.

Wetin concern u sir?

dominique:
A whopping 140 sites!!! Not to talk of the countless whatsapp and telegram groups. Why are we like this in this country?

as a Mod, How many nairalanders have benefitted from you directly from your monthly/weekly salary.. cry me a river

Hahahaha

IstandWitBuhari:


To smash ur head with better coke bottle just de hungry me

IstandWitBuhari:


To smash ur head with better coke bottle just de hungry me

Oga, abeg make u no go commit murder abi na farther for here oo..
The OP below me is a Police Officer attached to MMM Zonal Police Command. He is watching u..

..

140 ponzi and still counting, 9ja is finished.

dominique:
A whopping 140 sites!!! Not to talk of the countless whatsapp and telegram groups. Why are we like this in this country?

Kindly hide any thread/post relating/talking about Ponzi or Ponzi website. THANKS!

nyxcel:


I've got this long Standing question, Why is our government in Nigeria not able to protect Nigeria citizens against all these fraudulent activities knowing fully well that one of the functions of the government is to protect its citizens?

With cases of corruption littered everywhere in your government how do you think they can curb what they enjoy doing. It has come to stay I'm sorry to say cos the whole economy thrives on corruption. The government encourages stealing both past and present and treat cases of public embezzlement with kid's gloves. Now the tide has changed and the masses are in the game also.