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Nairaland Forum / Nairaland / General / Investment / The Ponzi Schemes Are Back In Full Force (797 Views)
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The Ponzi Schemes Are Back In Full Force by K254725: 6:58pm On May 10, 2020 |
People are squeezed between a rock and a hard place and the mischievous ones are creating Ponzi schemes. I cannot count how many of my YouTube channels are promoting these schemes as "investments" . Some think they are helping... Until people start loosing money ... Look here people, 1. If you have to bring other people ... It's a Ponzi scheme 2. If the "investment" or "crowd funding" is not engaging in other profit making ventures ... Depending on new members contribution to make money ... It is a Ponzi scheme... 3. It does not matter whether the price is money, Bitcoin, Etherum, gold(yes, even gold these days)... If you are making money without spending it ... Ponzi 4. If it is shaped like a PYRAMID ... Chei ... That's why they are called pyramid schemes!!! It starts with one person who recruits three, who recruit other three and it grows like a Corona graph. It's a Ponzi scheme... I Taya!!!!! 2 Likes |
Re: The Ponzi Schemes Are Back In Full Force by vertueptime: 7:16pm On May 10, 2020 |
The funny thing is no matter how long u preach this, there is always a market for this, too many stupid gullible people in Nigeria 2 Likes |
Re: The Ponzi Schemes Are Back In Full Force by narit: 7:53pm On May 10, 2020 |
vertueptime:People learn by experience. 2 Likes |
Re: The Ponzi Schemes Are Back In Full Force by K254725: 7:57pm On May 10, 2020 |
vertueptime: |
Re: The Ponzi Schemes Are Back In Full Force by K254725: 7:58pm On May 10, 2020 |
narit: Chei!!! |
Re: The Ponzi Schemes Are Back In Full Force by adewumiopeyemi(m): 8:01pm On May 10, 2020 |
Greedy people everywere If you continue to preach to them They wount. Listening Until they get scam They wil na bring the story to nairaland One bitten twice shy 4 Likes |
Re: The Ponzi Schemes Are Back In Full Force by Staphylococcus: 3:21am On May 11, 2020 |
Who is destined to be duped, will still be duped. People will still learn the hardway 3 Likes |
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