It is only foolish greedy investors that will go in there after few months of MMM crash and many other ponzi sheme

If only the victims did some research before parting ways with their monies, all of these will not happen.
Anybody selling you this business is a thief. Always do your own research and trade for yourself. It's not that hard
Nothing is guaranteed in the coin business

sophsia62:
A Bitcoin company in Calabar has disappeared into thin air with millions of Naira of customer’s money. As early as 8am yesterday, customers besieged the company’s office on Bassey Duke only to discover that the company had closed shop and vanished with their money.

Several phone calls were made by the customers but no response from the company officials that started operations about two months ago, collecting money from customers and giving them a whooping 30 per cent extra after seven days online trading.

As at yesterday, over 1000 people who were expecting their monies, broke into the offices and carted away any item they could lay their hands on as little compensation for their investment.
The entire premises of the company that occupied few rooms in the Bassey Duke shopping mall was taken over by frustrated customers and one of them who gave his name as Ifeanyi said, “This is things fall apart. I put in over N2.5million and now everything is gone.”
Another customer, who cried profusely, claiming he put in N5 million said, “I saw people collecting 30 per cent interest after one week that is why I also put in money. A huge part of the money I put in was even borrowed”.
Some National Youth Service Corps (NYSC) members also invested and one of them said she put in N1.5 million and it was all her money in the world.
Another corper who put in N150, 000, said, “That money was all the money I saved in this my service year. This is painful, I thought I could do ‘business’ and help myself and my poor family”
It was gathered that thousands of people invested in the scheme, as someone told The Guardian, “The crowd you are seeing today are just a few that have come to get their money. They made millions and disappeared with our money. I don’t know why we would never learn. MMM and the likes that promises quick profit have duped us in the past, yet we keep falling for them, including me. I put in N500, 000 into this one and now see my money has gone down the drain.”
The situation caused an atmosphere of pandemonium and some soldiers who arrived in the afternoon fired several shots in the air to disperse the people but they kept coming.

http://www.akelicious.net/2018/04/bitcoin-company-shocks-customers.html

ehya sorry

Pavore9:
Nigerians will never learn.

It is not a matter of learning. Even you can fall a victim. People are hungry man, the victim of these fraud needs Capital to start a legitimate business. If the government was not rotten those companies are meant to be registered or open shops. The f*ck about them is that they have Determining Safety Integrity Levels (SIL).

This is y buhari may win again. Nigerians never learn

eleojo23:
This is what happens when you suspend common sense because of greed...

Real investments grow over time and require patience but people always want it sharp sharp...
and that is why they will continue to fall for this kind of scam in the future...

You said it all, HE WHO HAS AN EAR (or eye to read) LET HIM HEAR (read).
Sharp sharp money leads to sharp doom. Avoid illegal schemes even if it pays someone you know, they're not sustainable and will eventually crash or abscond with your money.

There is no truth in this story naw.. No address, no pictures, nothing.. Even the way the story was even told. It's a lie..

somehow:
So a company that has just opened shop less than 2 months ago is what these fools of a citizen put "millions" into?

Liars.... Those claiming they put #2.5m or #5m are outright liars!

He who's looking for awoof will meet their financial waterloo

NO MIND THEM JARE....THEY KNW WETIN B #2.5 MILLION?
somebody go put #10.000 him go say na #1.5 MILLION- shame

cryptocurrencies just like ponzi schemes is what I call oyiboman scam. avoid them. use ur money and do physical biz u can monitor by urself. most of these online biz are scams. they thrive online BC its easier to get gullible people across all borders to do them. its ponzi. only first comers go enjoy.

Seun360:


That's how they operate.
#Forex
#Oil and Gas
#Gold trading
#MMM style (Help each other)
#Bitcoin.

Wetin this people dey derive to see people cry and suffer self. Apart from MMM the rest wen u list na legit business when people fit invest put but these days fraudsters has turned everything the other way round.

This is foolishness for those who refuse to learn and they keep chasing shadow. How on earth will you see a business without background, history and without first carrying out strategic analysis before investment. I have said it and posted what you must do before venturing into any online business or investment. It is either you stop investing your money to all this so called get % online investment or you keep crying and nothing can save you. If you are the type that believe can make investing online visit the blog link below to read what you must first do before venturing into that investment. I have noted out every action you must take before you get your money involve. Below is the blog link;

Good for them. CBN warned Nigeria against this faceless group.

sophsia62:
A Bitcoin company in Calabar has disappeared into thin air with millions of Naira of customer’s money. As early as 8am yesterday, customers besieged the company’s office on Bassey Duke only to discover that the company had closed shop and vanished with their money.

Several phone calls were made by the customers but no response from the company officials that started operations about two months ago, collecting money from customers and giving them a whooping 30 per cent extra after seven days online trading.

As at yesterday, over 1000 people who were expecting their monies, broke into the offices and carted away any item they could lay their hands on as little compensation for their investment.
The entire premises of the company that occupied few rooms in the Bassey Duke shopping mall was taken over by frustrated customers and one of them who gave his name as Ifeanyi said, “This is things fall apart. I put in over N2.5million and now everything is gone.”
Another customer, who cried profusely, claiming he put in N5 million said, “I saw people collecting 30 per cent interest after one week that is why I also put in money. A huge part of the money I put in was even borrowed”.
Some National Youth Service Corps (NYSC) members also invested and one of them said she put in N1.5 million and it was all her money in the world.
Another corper who put in N150, 000, said, “That money was all the money I saved in this my service year. This is painful, I thought I could do ‘business’ and help myself and my poor family”
It was gathered that thousands of people invested in the scheme, as someone told The Guardian, “The crowd you are seeing today are just a few that have come to get their money. They made millions and disappeared with our money. I don’t know why we would never learn. MMM and the likes that promises quick profit have duped us in the past, yet we keep falling for them, including me. I put in N500, 000 into this one and now see my money has gone down the drain.”
The situation caused an atmosphere of pandemonium and some soldiers who arrived in the afternoon fired several shots in the air to disperse the people but they kept coming.

[url]http://www.akelicious.net/2018/04/bitcoin-

company-shocks-customers.html[/url]

Body don't really know how this bitcoin works at all, I have been on this for 3year,just buy it and keep it in your blockchain when it rise up sale some when it drop buy again, you don't need to give any one money to give you 30% ,well I don't charge anybody on this,if you wan to know how it works I will teach you for free, except if you fill to appreciate me, and I can put you through on what we called airdrop.

ndcide:


Is bitcoin a legal tender?

NO,it's not a legal tender..it's a Crypto currency,meant to facilitate transactions across borders without any artificial restrictions..

agwom:
chai...baba buhari

Wetin concern Buhari with this now? Na Buhari say make the people greedy and stupid? There have been scam before Buhari, and after there's will still be scam. And it's not pertaining to Nigeria alone. It happens in other countries of the world.

Thank you! aboki

dheilaw1:
i guess it's time you take your daily drugs. it's almost 10

I'm so angry. Why are people so incorrigible, moronic andd greedy?

sophsia62:
A Bitcoin company in Calabar has disappeared into thin air with millions of Naira of customer’s money. As early as 8am yesterday, customers besieged the company’s office on Bassey Duke only to discover that the company had closed shop and vanished with their money.

Several phone calls were made by the customers but no response from the company officials that started operations about two months ago, collecting money from customers and giving them a whooping 30 per cent extra after seven days online trading.

As at yesterday, over 1000 people who were expecting their monies, broke into the offices and carted away any item they could lay their hands on as little compensation for their investment.
The entire premises of the company that occupied few rooms in the Bassey Duke shopping mall was taken over by frustrated customers and one of them who gave his name as Ifeanyi said, “This is things fall apart. I put in over N2.5million and now everything is gone.”
Another customer, who cried profusely, claiming he put in N5 million said, “I saw people collecting 30 per cent interest after one week that is why I also put in money. A huge part of the money I put in was even borrowed”.
Some National Youth Service Corps (NYSC) members also invested and one of them said she put in N1.5 million and it was all her money in the world.
Another corper who put in N150, 000, said, “That money was all the money I saved in this my service year. This is painful, I thought I could do ‘business’ and help myself and my poor family”
It was gathered that thousands of people invested in the scheme, as someone told The Guardian, “The crowd you are seeing today are just a few that have come to get their money. They made millions and disappeared with our money. I don’t know why we would never learn. MMM and the likes that promises quick profit have duped us in the past, yet we keep falling for them, including me. I put in N500, 000 into this one and now see my money has gone down the drain.”
The situation caused an atmosphere of pandemonium and some soldiers who arrived in the afternoon fired several shots in the air to disperse the people but they kept coming.

http://www.akelicious.net/2018/04/bitcoin-company-shocks-customers.html

The best trader in Bitcoin today can hardly make 1% a day from the crypto volatility, it cause for urgent and great caution not to lose your money...Bitcoin is an open source that can be verify by anyone on the blockchain. People always do last what they should do first, that is consult those who know more about cryptocurrency investment before giving away their hard earned money.

mention the name of the company

First off.. Thw topic title is wrong

To all those shouting Ponzi scheme, y'all should take a back seat. You don't know what bitcoin is yet

But don't worry.. Sooner or later.. You will understand

eleojo23:
This is what happens when you suspend common sense because of greed.

Anybody can just set up a Ponzi scheme and call it Bitcoin bla bla because they know that Bitcoin is trending these days

30% profit in one week? Does that make sense?

And the victims are so-called educated people.

Smh..

If it sounds too good to be true, it's probably not true.
Real investments grow over time and require patience but people always want it sharp sharp...
and that is why they will continue to fall for this kind of scam in the future...

/
I wish I could pull up my reply in a Crypto thread here a few months ago. Everything I said would happen has been happening: disappearing brokers, regulations, indictments, etc. Like the naysayers during MMM era, people will be "burned" by Crypto. Nice concept but humans will always be human.

With bitcoin under $8k, some investors that bought into the hype above $18k are in deep mess already. It makes sense for a broker to want to disappear with the remaining funds.
Unregulated market is frausters' paradise. In other words, when you lose money, there is no agency to run/complain to. Oh well...

Some people were sold the idea of anonymity. Well...that can only last so long. Every government of the world needs the taxes. It is a matter of time before they get involved. The government will always win. One coordinated regulation is enough to kill the hype. Crypto investors just learned that this year. No government wants to lose power over the people in all circumstances.
/

bigsam1992:
And I was planning to join oh, thank God I didn't

what is the name of that company?

pedi:

Body don't really know how this bitcoin works at all, I have been on this for 3year,just buy it and keep it in your blockchain when it rise up sale some when it drop buy again, you don't need to give any one money to give you 30% ,well I don't charge anybody on this,if you wan to know how it works I will teach you for free, except if you fill to appreciate me, and I can put you through on what we called airdrop.

Bro abeg make we reason.

eleojo23:
This is what happens when you suspend common sense because of greed.

Anybody can just set up a Ponzi scheme and call it Bitcoin bla bla because they know that Bitcoin is trending these days

30% profit in one week? Does that make sense?

And the victims are so-called educated people.

Smh..

If it sounds too good to be true, it's probably not true.
Real investments grow over time and require patience but people always want it sharp sharp...
and that is why they will continue to fall for this kind of scam in the future...

It Seems i would invent AfriCoins soon

eleojo23:
This is what happens when you suspend common sense because of greed.

Anybody can just set up a Ponzi scheme and call it Bitcoin bla bla because they know that Bitcoin is trending these days

30% profit in one week? Does that make sense?

And the victims are so-called educated people.

Smh..

If it sounds too good to be true, it's probably not true.
Real investments grow over time and require patience but people always want it sharp sharp...
and that is why they will continue to fall for this kind of scam in the future...

Well said, my friend well said!

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Obascoetubi:

what is the name of that company?

These same bitcoin

bigsam1992:

These same bitcoin

there is no bicoin company in nigeria

I don't pity any of them at all. They are just bunch of lazy people. Which business do you invest in then u go n sleep and after one week you will be paid 30%. Lazy people that don't want to work on their investments. It serves them right.
These same people if you tell them to come and invest in a real n genuine MLM company, they will tell you I don't know how to convince people. I don't know how to bring people. I don't have anyone to bring. They will rather prefer ponzi scheme to authentic network marketing. Laziness.
Me am enjoying my network marketing business n have no single course to be worried over my investment cos am growing it myself not someone somewhere promising to pay me just like that.

Pavore9:
Nigerians will never learn.

They are only good at abusing PMB.

Obascoetubi:
there is no bicoin company in nigeria

I was introduced to something like that, I am sure it's this bitcoin, which I had doubts

I heard about stakkers. How true are they. They say they invest in eBay and Alibaba. If you register with 6000, you will be paid 24000 for one year.