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EFCC Cautions Nigerians Against Bitcoin, Forex Trading, Others - Investment - Nairaland

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Billionaire Warren Buffet Advise Against Bitcoin And Crypto-currencies / Again, SEC Warns Nigerians Against Ponzi Schemes / SEC Warns Ponzi-thirsty Nigerians Against Loom Money Nigeria (2) (3) (4)

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EFCC Cautions Nigerians Against Bitcoin, Forex Trading, Others by BadRadio: 6:25am On Apr 27
The Economic and Financial Crimes Commission (EFCC) has warned Nigerians against what it described as any investment that promises returns that looks too good to be true.
“Though risk-taking is considered by some as the oxygen that drives investment decisions, the commission warns the public against taking unmitigated risk in desperation to earn a windfall.

“Investment in Bitcoin, for instance, is a high risk activity as the terrain is largely unregulated, and prone to fraud,” the anti-graft agency said.

EFCC spokesman, Wilson Uwujaren, who gave the warning in Abuja, said the commission was alarmed at the rate Nigerians send petitions to the anti-corruption agency on fraudulent investments that promise high return with little risks to investors.

https://m.guardian.ng/news/efcc-cautions-nigerians-against-bitcoin-forex-trading-others/

8 Likes 1 Share

Re: EFCC Cautions Nigerians Against Bitcoin, Forex Trading, Others by BadRadio: 6:27am On Apr 27
I warned u already with this thread... but some were still arguing !!!

https://www.nairaland.com/6499980/what-dont-tell-forex

9 Likes 1 Share

Re: EFCC Cautions Nigerians Against Bitcoin, Forex Trading, Others by paddyDIGITAL(m): 6:35am On Apr 27
Noted

2 Likes

Re: EFCC Cautions Nigerians Against Bitcoin, Forex Trading, Others by cchub: 6:36am On Apr 27
BadRadio:
I warned u already with this thread... but some were still arguing !!!


https://www.nairaland.com/6499980/what-dont-tell-forex
Fx is BLOODY and rewarding also. Emphasis on the bloodygrin

56 Likes 4 Shares

Re: EFCC Cautions Nigerians Against Bitcoin, Forex Trading, Others by musicproducer: 6:41am On Apr 27
u suppose warn us bout apc n terror lovers


.........
CHECK MY STATUS

195 Likes 9 Shares

Re: EFCC Cautions Nigerians Against Bitcoin, Forex Trading, Others by MejiLoyon(m): 6:44am On Apr 27
Na so
Re: EFCC Cautions Nigerians Against Bitcoin, Forex Trading, Others by josephubah111(m): 6:54am On Apr 27
Bitcoin on itself is no scam..averging 200percnet anually 12 years now back to.back...

93 Likes 3 Shares

Re: EFCC Cautions Nigerians Against Bitcoin, Forex Trading, Others by Seniorwriter(m): 6:55am On Apr 27
When did they @EFCC become financial analysts come advisers? SMH @how institutions fail in their duties but think they can act(advise) in other unrelated functions.
They should focus on their duties and leave advisory and economic evaluations to the appropriate bodies....Most of the richest people in the world are going Crypto...are they @EFCC more informed than those businessmen?
Anyways in another news if you have access to internet + PC / Phone and you ain't earning even $5 daily from Online then its your undoing.
For your financial sufficiency join REG(Residual Earnings Group)....
For details contact the facebook ID on my profile..

@Seniorwriter

105 Likes 12 Shares

Re: EFCC Cautions Nigerians Against Bitcoin, Forex Trading, Others by Homeboiy: 7:04am On Apr 27
EFCC na your money then they invest?

51 Likes 1 Share

Re: EFCC Cautions Nigerians Against Bitcoin, Forex Trading, Others by b3llo(m): 7:16am On Apr 27
EFCC should have warned us about our leaders in power. It is well sha...

124 Likes 2 Shares

Re: EFCC Cautions Nigerians Against Bitcoin, Forex Trading, Others by qualityovenbake(m): 8:02am On Apr 27
A word is a enough for the wise. I learnt my own lesson in 2009 on forex trading.

7 Likes

Re: EFCC Cautions Nigerians Against Bitcoin, Forex Trading, Others by SenecaTheYonger(m): 8:03am On Apr 27
Mm

26 Likes 1 Share

Re: EFCC Cautions Nigerians Against Bitcoin, Forex Trading, Others by tayolove12(m): 8:03am On Apr 27
Booked
Re: EFCC Cautions Nigerians Against Bitcoin, Forex Trading, Others by jospepper(m): 8:03am On Apr 27
Yes, many are scammees. Caution those politicians who are eating our yams too.

5 Likes

Re: EFCC Cautions Nigerians Against Bitcoin, Forex Trading, Others by mytime24(f): 8:03am On Apr 27
What/who is EFCC undecided angry


Who dem epp

1 Like

Re: EFCC Cautions Nigerians Against Bitcoin, Forex Trading, Others by obi4eze: 8:03am On Apr 27
Thrash.


What about the fraudulent politicians in power?

5 Likes 2 Shares

Re: EFCC Cautions Nigerians Against Bitcoin, Forex Trading, Others by dake40(m): 8:03am On Apr 27
Dead journalism.

EFCC only and only adviced against Investment agents, people telling you to bring money to double it, more like MMM. They are not against Cryptocurrencies.

11 Likes 2 Shares

Re: EFCC Cautions Nigerians Against Bitcoin, Forex Trading, Others by SmartPolician: 8:04am On Apr 27
Since when did the EFCC become an investment watchdog? undecided undecided undecided

You wan leave your work do the work of the SEC? undecided undecided undecided

9 Likes 2 Shares

Re: EFCC Cautions Nigerians Against Bitcoin, Forex Trading, Others by psychologist(m): 8:04am On Apr 27
Nothing is worse than being a Nigerian

7 Likes 1 Share

Re: EFCC Cautions Nigerians Against Bitcoin, Forex Trading, Others by MikeMicheal(m): 8:04am On Apr 27
Anyone in possession of bitcoin should be arrested.

THEY ARE ALL CRIMINALS

3 Likes 4 Shares

Re: EFCC Cautions Nigerians Against Bitcoin, Forex Trading, Others by michaelpop50: 8:04am On Apr 27
Thieves

6 Likes

Re: EFCC Cautions Nigerians Against Bitcoin, Forex Trading, Others by danduchi(m): 8:04am On Apr 27
Is it their money? Most BTC gains outweigh the losses I have seen or heard. Is it your trading?

2 Likes

Re: EFCC Cautions Nigerians Against Bitcoin, Forex Trading, Others by Akamariner(m): 8:04am On Apr 27
Backward as usual.
Over 50million email lists available for 15k
Re: EFCC Cautions Nigerians Against Bitcoin, Forex Trading, Others by aimolabtc: 8:04am On Apr 27
They should also warn about Betting platforms too like Bet9ja and the rest. All these Bitcoin haters sef

11 Likes 2 Shares

Re: EFCC Cautions Nigerians Against Bitcoin, Forex Trading, Others by michaellovaldo(m): 8:04am On Apr 27
.
Re: EFCC Cautions Nigerians Against Bitcoin, Forex Trading, Others by Angrygoat: 8:05am On Apr 27
Road safety warns nigerian drivers against iphones

9 Likes

Re: EFCC Cautions Nigerians Against Bitcoin, Forex Trading, Others by Sysdatek: 8:05am On Apr 27
Yea

I should buy treasury bills and earn
1 percent per decade

Who even made you guys investment advisors?
Cryptocurrency is the future and its one of the fastest ways one can make a fortune to start big stuff offline

But what do you guys know than chasing small boys with iphone and 15 year old benzundecided

Idiot'ss undecided

18 Likes

Re: EFCC Cautions Nigerians Against Bitcoin, Forex Trading, Others by princemillla(m): 8:05am On Apr 27
Lol those who r making it are making it
Re: EFCC Cautions Nigerians Against Bitcoin, Forex Trading, Others by adewasco2k(m): 8:05am On Apr 27
They are not saying you shouldn’t trade crypto but rather talking bout Ponzi schemes and investment platforms like Rasterli.

The message was clear but the title is misleading

11 Likes 2 Shares

Re: EFCC Cautions Nigerians Against Bitcoin, Forex Trading, Others by akeentech(m): 8:05am On Apr 27
MikeMicheal:
Anyone in possession of bitcoin should be arrested.

THEY ARE ALL CRIMINALS

Backward people, it’s better to save in crypto than in useless naira

27 Likes 1 Share

Re: EFCC Cautions Nigerians Against Bitcoin, Forex Trading, Others by Bvlgari: 8:06am On Apr 27
I see...well efcc u ever heard of no risk no reward?

Bitcoin is cool...just avoid ponzi schemes claiming to multiply your money

10 Likes 2 Shares

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