mirabel001:
loom cannot crash because it doesn't have website. ...it's just WhatsApp group tinx. ...abi WhatsApp go crash?
it's more or less like contribution stuff....It can only slow down but it can't crash

just like mmm,una don start peter pay Paul cycle again.....

LOOM will lead someone to DOOM, Be guided do not LOOM.

megrimor:
I hope Nigerians listen to this

They will never listen, reason why history keeps repeating itself. Many Nigerians feel and think they are even smarter than wisdom itself.

If you do LOOM, And they DOOM you, Don't cry come my ROOM, Coz na BROOM i go take ZOOM you out

Aderewah:
An average Nigerian will not be successful. They don't want to learn skills, they don't invest in themselves. They don't go to seminars, they will never read. They prefer to be hunting for use 1k to get 500k. As if that makes any sense.

very true! since the day I discovered the internet has almost all the solution in this life, I was able to fix problems in my car without going to the mech,repair my computer,phones,bake cakes,the list is endless, instead of waiting for miracles ,make use of the internet and become an entrepreneur and a billionaire

This happens when you have a talking government rather than an activé government. Thèse things only thrive where poverty has a stronghold. Do you blame people who would jump at anything to survive or a government that fails to provide support and balance for its people?

mirabel001:
loom cannot crash because it doesn't have website. ...it's just WhatsApp group tinx. ...abi WhatsApp go crash?
it's more or less like contribution stuff.... It can only slow down but it can't crash

Dullard. Slowing down means gradual death. People are already regretting participating in it, I heard.

samtiyelov1:
This happens when you have a talking government rather than an activé government. Thèse things only thrive where poverty has a stronghold. Do you blame people who would jump at anything to survive or a government that fails to provide support and balance for its people?

You are wrong saying that Ponzi thrives because of poverty and failure on the part of the government. Ponzi thrives everywhere: China, Russia, USA because it is driven by greed, pure and simple. Are you telling me that someone who invests 5 million naira is also poor financially?

mirabel001:
loom cannot crash because it doesn't have website. ...it's just WhatsApp group tinx. ...abi WhatsApp go crash?
it's more or less like contribution stuff....It can only slow down but it can't crash

It’s like a contribution bt in an unsustainable Manner cos it’s not monthly or weekly rather u look for more people. U pay only once and reap 100 folds. Normal contribution u pay till it’s ur turn to collect, there’s a cycle. Loom has no finite cycle.

Boyooosa:

Don't u read well?
They mentioned that they will invest minimum of 1k to 13k. Always read to understand and not read to comment.

learn to understand comment B4 replying...the dude is correct

what are investing in that u want to reap?

tunwumi:
What an embarrassment that you can't shut down a scam group simply because it is operating on internet.

true.but ........

what happens to people who just invested but waiting for their investment returns.
mmm and loom reveal how greedy and lazy nigerians are

mirabel001:
loom cannot crash because it doesn't have website. ...it's just WhatsApp group tinx. ...abi WhatsApp go crash?
it's more or less like contribution stuff....It can only slow down but it can't crash

You are unintelligent.

mirabel001:
loom cannot crash because it doesn't have website. ...it's just WhatsApp group tinx. ...abi WhatsApp go crash?
it's more or less like contribution stuff....It can only slow down but it can't crash

continue

post=78457319:
We hope they listen...

Greediness is not a disease...it's something worse!

Especially when you think MMM left enough brokes and enemies and now this is breeding up

mirabel001:
loom cannot crash because it doesn't have website. ...it's just WhatsApp group tinx. ...abi WhatsApp go crash?
it's more or less like contribution stuff....It can only slow down but it can't crash

this is the same nonsense people were saying about MMM. It cannot crash, it cannot crash.

Did the internet crash before MMM crashed? How come WhatsApp has to crash before a ponzi scheme that is unsustainable and has no financial backing can crash?

Are you guys really this mentally shortsighted, or just blinded by greed?

Mummyimbecile:
lol,bro...they wont even close the whatsapp group,the criminal admins behind it,will just pack the whole money to themselves and leave the group for them to continue looming themselves,i know how all this things works,i can tell you that loom wont last 2weeks from now,they are shaking already,the criminals behind it are matching all the money wey dey enter to themselves,there is paucity of funds there as at now

Many Nigerians are greedy and too desperate

mirabel001:
loom cannot crash because it doesn't have website. ...it's just WhatsApp group tinx. ...abi WhatsApp go crash?
it's more or less like contribution stuff....It can only slow down but it can't crash

you are novice actually

mirabel001:
loom cannot crash because it doesn't have website. ...it's just WhatsApp group tinx. ...abi WhatsApp go crash?
it's more or less like contribution stuff....It can only slow down but it can't crash

you are a novice if you aren't joking

A collosal embarrassment.

tunwumi:
What an embarrassment that you can't shut down a scam group simply because it is operating on internet.

mirabel001:
loom cannot crash because it doesn't have website. ...it's just WhatsApp group tinx. ...abi WhatsApp go crash?
it's more or less like contribution stuff....It can only slow down but it can't crash

Gospel according to mirabel001..

martineverest:
true.but ........

what happens to people who just invested but waiting for their investment returns.
mmm and loom reveal how greedy and lazy nigerians are

I agree with you but it is the utmost responsibility of the government to protect citizens Not just from Bokoharam and others but also from fraudsters

Why does the efcc arrest Yahoo boys?
Do Yahoo boys force people to give them money? Common sense is not common.

NwanyiAwkaetiti:
Arrest? Are they forcing anybody to part with their money?

Campusparot:
How will you sow APC and expect to reap good

How will you sow Buhari and expect to reap Atiku

Source:
PDP FOOLORSOPHER.

tunwumi:


I agree with you but it is the utmost responsibility of the government to protect citizens Not just from Bokoharam and others but also from fraudsters

I think the reason they haven't shutbit down is because of those that have invested...the best way to go about it is to sensitise the people on the consequences so people will pull on gradually and also stop people from investing..

but,no matter how u educate Nigerians on this scams they won't listen.thwir greediness beclouds their thinking.

mirabel001:
loom cannot crash because it doesn't have website. ...it's just WhatsApp group tinx. ...abi WhatsApp go crash?
it's more or less like contribution stuff....It can only slow down but it can't crash

this one na big OLodo

mirabel001:
loom cannot crash because it doesn't have website. ...it's just WhatsApp group tinx. ...abi WhatsApp go crash?
it's more or less like contribution stuff....It can only slow down but it can't crash

werey re ooo, them don brainwash this one�

mirabel001:
loom cannot crash because it doesn't have website. ...it's just WhatsApp group tinx. ...abi WhatsApp go crash?
it's more or less like contribution stuff....It can only slow down but it can't crash

U don't say..

valx2:
IF YOU DO LOOM AND THEY DOOM YOU NO CRY COME MY ROOM OOO COZ NA BROOM I GO TAKE ZOOM YOU!

Hahahaaaa
Nice one.

mirabel001:
loom cannot crash because it doesn't have website. ...it's just WhatsApp group tinx. ...abi WhatsApp go crash?
it's more or less like contribution stuff....It can only slow down but it can't crash

..see as people dey insult you because you showed your ignorance

sthecy:
they won't listen
till someone commits suicide

MMM was even better than this Loom, those looking for quick money would surely die

unclesuruoffi:
Nigerians have been warned to stay off Loom Money Nigeria by the Securities and Exchange Commission, SEC, who alleged that it is being ran by fraudsters. According to Mary Uduk, acting director-general of the commission, the scheme targeted young people, luring them to participate in a pyramid model of the Ponzi. In a news conference in which she was represented by Efe Ebelo, SEC’s head of media, she stated that Loom Money Nigeria had taken over the social media.

She further revealed that those behind the ponzi scheme “carry out their illegitimate activities” via social media platforms like Facebook and WhatsApp, and they lure young Nigerians to invest as low as N1,000 and N13,000 and to get as much as eight times the value of the investment in 48 hours. The SEC who warned Nigerians to stay off Loom Money Nigeria which has no tangible business model, said;

“Unlike MMM that had a website and the promoter known, the people promoting Loom are not yet known and this pyramid scheme operates through closed groups mainly on Facebook and WhatsApp. If it were a local Ponzi scheme with known offices, it would be very easy for the Commission to seal their offices and freeze their accounts."


https://unclesuru.com/2019/05/17/stay-off-loom-money-nigeria-sec-warns/

no be only loom, na Doom await all the participants