Good day nairaland, I've got a problem which I'll love you to help me out. We've got some money in the bank (my sibs and I) and my bro comes out from the blues that he wants to invest the money in one SWISS GOLD stuff like dat, he has been preaching on how it works perfectly and how he is 101% sure about it.
To be frank I'm really scared about it and I think it's just like MMM and other ponzi schemes, but my bro seems so confident about it.
Please nairaland, I'll like to know your opinion about this, but for me I'm damn scared.
Honest comment please...God bless you all.

karllemah44:
Good day nairaland, I've got a problem which I'll love you to help me out. We've got some money in the bank (my sibs and I) and my bro comes out from the blues that he wants to invest the money in one SWISS GOLD stuff like dat, he has been preaching on how it works perfectly and how he is 101% sure about it.
To be frank I'm really scared about it and I think it's just like MMM and other ponzi schemes, but my bro seems so confident about it.
Please nairaland, I'll like to know your opinion about this, but for me I'm damn scared.
Honest comment please...God bless you all.

T he Economic and Financial Crimes Commission, EFCC, has recovered a total of N216,402,565.05 from Swiss Golden Investment, an online investment that purportedly deals in buying and selling of Gold Bars.
The recovery was sequel to a petition the Commission received from thousands of complainants who alleged that they invested in Swiss Golden Investment which was advertised as an online investment that deals with buying and selling of Gold Bars. The petitioner further alleged that after investing over a billion naira into the business, the company refused to pay them any dividend or pay them back their capital.
Upon receipt of the petition, the Commission invited the petitioners and they volunteered statements. Through intelligence, the Commission picked up one Maxim Lobaty, a Russian and two Nigerians: Austin Emenike and Dickson Nonso Onuchukwu in Lagos. The trios were subsequently conveyed to the Kano operational zone of the EFCC for further investigation.
Swiss Golden which is headquartered in Hong Kong was discovered through investigation to be a Ponzi scheme that was designed to defraud innocent victims of their hard earned money.
After being drilled at the Commission's Kano Zonal Office, Maxim and his co-suspects consented to the refund of the investment. Subsequently, a total sum of N216, 402,565.05 (Two Hundred and Sixteen Million, Four Hundred and Two Thousand, Five Hundred Sixty-Five Naira) only have now been recovered.
However, while the investigation was ongoing, it was discovered that Swiss Golden Company Limited has defrauded over seven thousand Nigerians to the tune of over N3,000,000,000 (Three Billion Naira) only.
The investigation into the alleged fraud is still ongoing and all efforts are being made to recover the money involved and the alleged suspects are brought to justice.
.
http://saharareporters.com/2018/04/16/efcc-recovers-n216m-“swiss-golden”-fraudsters

The guy above me has said it all..

RealLordZeus:
The guy above me has said it all..

As in he really killed it.

karllemah44:
Good day nairaland, I've got a problem which I'll love you to help me out. We've got some money in the bank (my sibs and I) and my bro comes out from the blues that he wants to invest the money in one SWISS GOLD stuff like dat, he has been preaching on how it works perfectly and how he is 101% sure about it.
To be frank I'm really scared about it and I think it's just like MMM and other ponzi schemes, but my bro seems so confident about it.
Please nairaland, I'll like to know your opinion about this, but for me I'm damn scared.
Honest comment please...God bless you all.

Pls don't lose your money to any fraudulent scheme either online or offline.
Visit
www.scambuster.com
www.scamadviser.com

Or type for people's opinion on nairaland.

It is well oo.

I'll do a thread on scams one of these days

Thank u every one...I really appreciate ur contributions

This is a scam. If you have enough money to build a pharmaceutical factory yourself. Chinese pharmaceutical equipment is not very expensive. Or invest in other industries. Don't trust virtual projects on the web.