If you have ever lost your hard earned money to ponzi schemes, do like this let others know they are not alone. You don't have to keep loosing your money to such schemes anyway as there are other practical ways of making money.

Incase you don't know what a ponzi scheme is, it is an investment fraud that pays existing investors with money collected from new investors. There is no tangible thing they are investing in, they just collect money Mr A who is a new investor and give some of it to Mrs B who is an older investor just to keep things circulating until the whole thing crashes one day.

Just recently, some Nigerian Investors lost 200 Billion Naira to 86fb Football Ponzi Scheme. See, your desire to make money is valid but please the next time you see a signs like these, run away and tell everyone you know run as well.

Signs that you are about to put your money into a ponzi scheme:

1) High returns with no risk: Every investment has some risk involved, and normal investments that yield higher returns typically involve a lot of risk. Some of them even go as far as promising 100% returns in 3 months. Please be highly suspicious of any “guaranteed” investment opportunity.

2) Secretive, unexplainable strategies: Avoid investments if you don’t understand them or can’t get complete information about them. Before you part with your hard earned money, let them explain to you until you understand and are convinced.

3) The pressure to act immediately: Ponzi fraudsters are also known for creating a false sense of urgency by making you to believe the deal is only valid for a limited time. They will present it as a once in a life time opportunity that will pass you by if you don't give them your money you should consider it a red flag please.

4) Bring People: If you are about to put your money into a so called "investment" and they are telling you to bring anybody so you can make money you better run. The life line of a Ponzi scheme is dependent on getting many unsuspecting people to put their money so they need you to bring your family and friends so all of you can lose your money together.

5) Pressure to reinvest: If you are already in a ponzi scheme, and you want to collect your money but they are pressuring you to reinvest, insist on getting your money out as soon as possible. Truth is, the ponzi scheme will collapse without regular income or if too many investors withdraw their money. To remain in business, the promoter will offer investors higher returns if they don’t cash out or if they reinvest their money.

Like I said earlier, your desire to make money is valid but it is important you are investing your money in the right places so you don't lose it. One place you can invest your Money that you won't lose it is in a Business. Having a business is a practical way to invest your money, it has a tangible system that multiples the money.

If your problem is you don't have time to run a business considering all it entails, don't worry. There are even easier ways to get your business started without any stress or huge capital involved. For a start, you can join The Gotahia Community for Sellers on whatsapp where you have unlimited and quick access to product updates from importers and wholesalers. This automatically means you don't have to go into a physical wholesale market to connect with suppliers.

You can start a business right there on WhatsApp and expand as you deem fit. You can advertise these products at attractive prices as soon as you seen them. When you get orders, you can reach out to the supplier directly or to Gotahia to help you process the order and deliver to your clients.

To be a part of this community, register as a reseller on www.gotahia.com/reseller and you will get an invite to join.

The thing is that.. when these investments come out, it's not obvious that they are Ponzi. Some of them won't show the signs you listed here (although they may show some of the signs but even some real business can also show some of the signs). The fact is when you look carefully you can spot when a business is a Ponzi, and the signs you listed here are some good indicators to look at.

JOIN THE GOTAHIA SELLERS COMMUNITY

We found a real problem after talking to many active and aspiring business people: it is difficult to start or grow a business online in a sustainable way. There are many resources on the internet but you need to do a lot of work to stitch the useful pieces together.
So, we have built a community of sellers growing their business online. This is a place to learn, to practice and to leverage on the power of a community. One of things we do is post products that you can start selling now even without capital. We negotiate with the suppliers to get the best offers so you can make more profits.

To join the community, create a reseller profile on www.gotahia.com/reseller and you will get an invite to join the community

Don't teach them.

I want to see the iiidiots continue losing money.

Hopefully they get so low and commit suicide. Then we would have less iiidiots in Nigeria.

Gamesmart:
Don't teach them.

I want to see the iiidiots continue losing money.

Hopefully they get so low and commit suicide. Then we would have less iiidiots in Nigeria.

Oga be calming down

There is no gain in that. I want to see Nigerians win and win good..

JOIN GOTAHIA SELLERS COMMUNITY

We found a real problem after talking to many active and aspiring business people: it is difficult to start or grow a business online in a sustainable way. There are many resources on the internet but you need to do a lot of work to stitch the useful pieces together.
So, we have built a community of sellers growing their business online. This is a place to learn, to practice and to leverage on the power of a community.
One of things we do is post products that you can start selling now even without capital. We negotiate with the suppliers to get the best offers so you can make more profits.

To join this resourceful community, visit www.gotahia.com/reseller and you will get an invite to join

Gamesmart:
Don't teach them.

I want to see the iiidiots continue losing money.

Hopefully they get so low and commit suicide. Then we would have less iiidiots in Nigeria.

Hi everyone
Here's a detailed explanation of How Gotahia works. The link and a link to our community rules is attached in the group description.
Here's an excerpt from the post on our blog

Gotahia is the easiest and most profitable way to start or grow your own business online. As a retailer, you will meet the kind of suppliers you need to make good profit on products that you are already selling or intend to start selling...
https://blog.gotahia.com/how-gotahia-works

The Gotahia Community is the easiest and most profitable system to start or grow your own business online. You can join the community today and start your business today.

One thing we do in this Community is post different supplier's products at wholesale prices as soon as they have it in stock. So you can repost them at attractive prices and make sales. We also host discussion sessions where you can learn how to grow your business.

To join this amazing Community of sellers, register as a reseller on www.gotahia.com/reseller and you will get an invite to join the community

Do you have a business or you plan on starting one? Join The Gotahia Community

The Gotahia Community is the easiest and most profitable system to start or grow your own business online. You can join the community today and start your business today.

One thing we do in this Community is post different supplier's products at wholesale prices as soon as they have it in stock. So you can repost them at attractive prices and make sales. We also host discussion sessions where you can learn how to grow your business.

To join this amazing Community of sellers, register as a reseller on www.gotahia.com/reseller and you will get an invite to join the community

JBoss25:
Oga be calming down