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

Nairaland ForumNairaland GeneralInvestmentEFCC Cautions Nigerians Against Bitcoin, Forex Trading, Others (36202 Views)

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EFCC Cautions Nigerians Against Bitcoin, Forex Trading, Others by Nobody: 6:25am On Apr 27, 2021
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/

Re: EFCC Cautions Nigerians Against Bitcoin, Forex Trading, Others by Nobody: 6:27am On Apr 27, 2021
I warned u already with this thread... but some were still arguing !!!

https://www.nairaland.com/6499980/what-dont-tell-forex
Re: EFCC Cautions Nigerians Against Bitcoin, Forex Trading, Others by paddyDIGITAL(m): 6:35am On Apr 27, 2021
Noted
Re: EFCC Cautions Nigerians Against Bitcoin, Forex Trading, Others by Nobody: 6:36am On Apr 27, 2021
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
Re: EFCC Cautions Nigerians Against Bitcoin, Forex Trading, Others by Nobody: 6:41am On Apr 27, 2021
u suppose warn us bout apc n terror lovers


.........
CHECK MY STATUS
Re: EFCC Cautions Nigerians Against Bitcoin, Forex Trading, Others by Nobody: 6:44am On Apr 27, 2021
Na so
Re: EFCC Cautions Nigerians Against Bitcoin, Forex Trading, Others by josephubah111(m): 6:54am On Apr 27, 2021
Bitcoin on itself is no scam..averging 200percnet anually 12 years now back to.back...
Re: EFCC Cautions Nigerians Against Bitcoin, Forex Trading, Others by Seniorwriter(m): 6:55am On Apr 27, 2021
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
Re: EFCC Cautions Nigerians Against Bitcoin, Forex Trading, Others by Homeboiy: 7:04am On Apr 27, 2021
EFCC na your money then they invest?
Re: EFCC Cautions Nigerians Against Bitcoin, Forex Trading, Others by b3llo(m): 7:16am On Apr 27, 2021
EFCC should have warned us about our leaders in power. It is well sha...
Re: EFCC Cautions Nigerians Against Bitcoin, Forex Trading, Others by qualityovenbake(m):
A word is a enough for the wise. I learnt my own lesson in 2009 on forex trading.
Re: EFCC Cautions Nigerians Against Bitcoin, Forex Trading, Others by SenecaTheYonger:
Mm
Re: EFCC Cautions Nigerians Against Bitcoin, Forex Trading, Others by tayolove12(m): 8:03am On Apr 27, 2021
Booked
Re: EFCC Cautions Nigerians Against Bitcoin, Forex Trading, Others by jospepper(m): 8:03am On Apr 27, 2021
Yes, many are scammees. Caution those politicians who are eating our yams too.
Re: EFCC Cautions Nigerians Against Bitcoin, Forex Trading, Others by mytime24(f):
What/who is EFCC undecided angry


Who dem epp
Re: EFCC Cautions Nigerians Against Bitcoin, Forex Trading, Others by obi4eze(m): 8:03am On Apr 27, 2021
Thrash.


What about the fraudulent politicians in power?
Re: EFCC Cautions Nigerians Against Bitcoin, Forex Trading, Others by dake40(m): 8:03am On Apr 27, 2021
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.
Re: EFCC Cautions Nigerians Against Bitcoin, Forex Trading, Others by SmartPolician: 8:04am On Apr 27, 2021
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
Re: EFCC Cautions Nigerians Against Bitcoin, Forex Trading, Others by psychologist(m): 8:04am On Apr 27, 2021
Nothing is worse than being a Nigerian
Re: EFCC Cautions Nigerians Against Bitcoin, Forex Trading, Others by MikeMicheal(m): 8:04am On Apr 27, 2021
Anyone in possession of bitcoin should be arrested.

THEY ARE ALL CRIMINALS
Re: EFCC Cautions Nigerians Against Bitcoin, Forex Trading, Others by Nobody: 8:04am On Apr 27, 2021
Thieves

Re: EFCC Cautions Nigerians Against Bitcoin, Forex Trading, Others by danduchi(m): 8:04am On Apr 27, 2021
Is it their money? Most BTC gains outweigh the losses I have seen or heard. Is it your trading?
Re: EFCC Cautions Nigerians Against Bitcoin, Forex Trading, Others by Nobody: 8:04am On Apr 27, 2021
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, 2021
They should also warn about Betting platforms too like Bet9ja and the rest. All these Bitcoin haters sef
Re: EFCC Cautions Nigerians Against Bitcoin, Forex Trading, Others by michaellovaldo(m): 8:04am On Apr 27, 2021
.
Re: EFCC Cautions Nigerians Against Bitcoin, Forex Trading, Others by Angrygoat: 8:05am On Apr 27, 2021
Road safety warns nigerian drivers against iphones
Re: EFCC Cautions Nigerians Against Bitcoin, Forex Trading, Others by Nobody: 8:05am On Apr 27, 2021
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
Re: EFCC Cautions Nigerians Against Bitcoin, Forex Trading, Others by princemillla(m): 8:05am On Apr 27, 2021
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, 2021
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
Re: EFCC Cautions Nigerians Against Bitcoin, Forex Trading, Others by akeentech(m): 8:05am On Apr 27, 2021
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
Re: EFCC Cautions Nigerians Against Bitcoin, Forex Trading, Others by Bvlgari: 8:06am On Apr 27, 2021
I see...well efcc u ever heard of no risk no reward?

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