I shouldn't have put this out, because every Nigerian at this point is expected to know and shy away from any ponzi scheme.

There is a new ponzi scheme known as STERLING ASSEMBLY, it has a website and also operates on telegram by going to several group chats and adding people into their group chat to lure gullible into their fraudulent scheme.

I must say many of these scam groups now spring up from telegram in recent times and also have foot soldiers who always praise them just to make them look real and even ready to fight any critics.

In the new development, telegram has rightfully tagged STERLING ASSEMBLY as a fraud, just for what it is.

Nigerians, run away from online investments, they always end in tears. Learn from BOXVALUE which has locked up its telegram group and gone AWOL over a month now after witholdhing its investor's money.

Run away from Ponzi. Ponzi schemes arent sustainable; the ROI on your money aren't generated through investment but donation from someone else, and same donor will also need another donor; it is like living on debt. It crashes when the earnings of the matured donors grow such that existing PH or donations can't pay them, learn from MMM. Besides, who knows the crooks behind STERLING ASSEMBLY? what does it cost them to wake up one day and divert all of most GHs to themselves when the scheme is about to crash?