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Nigerians React As NRC Ponzi Scheme Crashes! ‘I Did It With Borrowed Money’ - Investment (3) - Nairaland

Nairaland ForumNairaland GeneralInvestmentNigerians React As NRC Ponzi Scheme Crashes! ‘I Did It With Borrowed Money’ (31243 Views)

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Re: Nigerians React As NRC Ponzi Scheme Crashes! ‘I Did It With Borrowed Money’ by LordLicifer(m): 9:37am On Jul 08
Hungrychicken:
Do you know so called “greedy” people may have some emergency money problems that could have made them trust these sites?
There is no such thing as emergency money problem, i have never heard of such ever before..

If they have emergency money problem they should go and borrow and pay later that is what people with "emergency money" problem does. If they have emergency money problem were then do they get money to pay into NRC ponzi? You are not making any sense.
Re: Nigerians React As NRC Ponzi Scheme Crashes! ‘I Did It With Borrowed Money’ by Gotocourt: 9:37am On Jul 08
Jumbojax:
Sharp Man, more wisdom to your elbow
Please oo, On cowrywise how does one that deposited money straight into savings get that money to the stash section for withdrawal
You will withdraw to stash then finally to bank account.
Re: Nigerians React As NRC Ponzi Scheme Crashes! ‘I Did It With Borrowed Money’ by Osidazz19: 9:37am On Jul 08
Gullible moomoos looking to get rich quickly without work and critical thinking.
Re: Nigerians React As NRC Ponzi Scheme Crashes! ‘I Did It With Borrowed Money’ by AMI3(m): 9:37am On Jul 08
Lanretoye:
They won’t even tell their best friend when they heard about the scheme but then their downfall comes they want everyone to share their problemcontinue to blame government for greediness of some people,e easy like that na him make no be part of the government or you don’t aspire to be governor or president…only insensitive people don’t think that when people were getting paid by the ponzi the government was not aware,the government didn’t tax the gains but then they elope with these same people’s money you want the government to come to their aid
Government have a role to play by protecting her citizens.
How many ponzi schemes have u heard in America, China, UK, Germany etc.
Do u think that everybody knows what is ponzi scheme?

Not because those that join these platforms are greedy but because most of them do not know how these things works.

Some only believe since people make money online it is a way of making money.

The government suppose to make such that such scammers suppose to fish out and use as a case study for others to learn.

U don't scammed people and think that u can go scot free in civilize society.

That is why China use this country a dumping ground for fake items.
Re: Nigerians React As NRC Ponzi Scheme Crashes! ‘I Did It With Borrowed Money’ by anonimi: 9:38am On Jul 08
Richtaiwo:
As long as people keep chasing shortcuts instead of earning an honest living, scams will never run out of customers.

Swindling someone who works hard for a living is no easy task, but those obsessed with free money make the fraudsters' job effortless. Stay away from betting and every other get-rich-quick fantasy. Nothing is free, not even in heaven.
Oga Taiwo, is there any worse ponzi scheme than the one run by your master strategist on Lagosians since 1999 and on all Nigerians since 2023?

Lagos revenue from higher tax burden has grown budget 100 times, meanwhile debt is increasing without commensurate improvement in basic services and utilities like water and free education.

Your balablu bulabla town hall clueless clown hit higher revenue targets in August and said no more borrowing, but he is borrowing MORE than what was borrowed by PDP presidents during 16 years of cheap petrol, cheap dollars, prosperity, peace and stability.

Who is a worse ponzi scammer than Tinubu huh
Re: Nigerians React As NRC Ponzi Scheme Crashes! ‘I Did It With Borrowed Money’ by Beautifulday: 9:38am On Jul 08
OBIDIENTNAIJA:
Can't they track the people behind it and arrest them. No they won't because the government are also involved in the game of scamming it's citizens.
Nigeria under APC is something else. They always use same pattern but people always fall for it
If you look into the matter well. The organisers of these schemes are in government.
Re: Nigerians React As NRC Ponzi Scheme Crashes! ‘I Did It With Borrowed Money’ by LIVINGICONREBOR: 9:40am On Jul 08
The only ponzi scheme uyi guobadia (guobe) is engaged in is sportybet and Bet9ja. Dem don too chop am tire.🤔
Re: Nigerians React As NRC Ponzi Scheme Crashes! ‘I Did It With Borrowed Money’ by Ferebiekunake: 9:41am On Jul 08
Beautifulday:
You are right. It is the job of the government to make starting such a scheme unattractive by getting all the people involved arrested and forced to return all the money.
How? By monitoring the Internet?

Meanwhile, have you never come across warnings to the public concerning fraudulent online investments?
Re: Nigerians React As NRC Ponzi Scheme Crashes! ‘I Did It With Borrowed Money’ by LordLicifer(m): 9:42am On Jul 08
Beautifulday:
Please don't infect people with your ignorance. There's no T&C that covers fraud anywhere in the world.

Criminality has no legal covering anywhere
Okay, this is the problem i am talking about. grin you are not even arknowledging T&C.


If you say it is fraud then go and arrest prosecute or sue NRC let's see how far you would get in court.. it is easy to scam nigerians very easy. They can't read!
Re: Nigerians React As NRC Ponzi Scheme Crashes! ‘I Did It With Borrowed Money’ by Lanretoye(m): 9:42am On Jul 08
AMI3:
Government have a role to play by protecting her citizens.
How many ponzi schemes have u heard in America, China, UK, Germany etc.
Do u think that everybody knows what is ponzi scheme?

Not because those that join these platforms are greedy but because most of them do not know how these things works.

Some only believe since people make money online it is a way of making money.

The government suppose to make such that such scammers suppose to fish out and use as a case study for others to learn.

U don't scammed people and think that u can go scot free in civilize society.

That is why China use this country a dumping ground for fake items.
pls don’t let research be a problem for you as a youth okay,now do a simple research and delete this your ignorant write up.
More disturbing is that people like you believe that poverty is what cause people to fall for ponzi as if there are no poor people in most part of the world too.
Poverty doesn’t make you fall for ponzi,greediness does
Re: Nigerians React As NRC Ponzi Scheme Crashes! ‘I Did It With Borrowed Money’ by Ferebiekunake: 9:42am On Jul 08
Beautifulday:
If you look into the matter well. The organisers of these schemes are in government.
Haba! Make you take this lie easy! Kai!
Re: Nigerians React As NRC Ponzi Scheme Crashes! ‘I Did It With Borrowed Money’ by Beautifulday: 9:42am On Jul 08
Ferebiekunake:
How? By monitoring the Internet?

Meanwhile, have you never come across warnings to the public concerning fraudulent online investments?
Do you know that federal government knows all the money within Nigeria. Any account with high volume of transactions get notification from CBN?
Re: Nigerians React As NRC Ponzi Scheme Crashes! ‘I Did It With Borrowed Money’ by Omenapounds: 9:43am On Jul 08
The fact that you didn't hear about this till it crashed simply shows you're now living a responsible life, kudos to you!!!
Re: Nigerians React As NRC Ponzi Scheme Crashes! ‘I Did It With Borrowed Money’ by LordLicifer(m): 9:43am On Jul 08
Ferebiekunake:
How? By monitoring the Internet?

Meanwhile, have you never come across warnings to the public concerning fraudulent online investments?
Don't mind them, they could always see the signs but ignores it..

Govament cannot do a damm thing!
Re: Nigerians React As NRC Ponzi Scheme Crashes! ‘I Did It With Borrowed Money’ by Beautifulday: 9:43am On Jul 08
Ferebiekunake:
Haba! Make you take this lie easy! Kai!
So you don't know that the CBN know which accounts is likely used for ponzy scheme?
Re: Nigerians React As NRC Ponzi Scheme Crashes! ‘I Did It With Borrowed Money’ by Beautifulday: 9:45am On Jul 08
LordLicifer:
Okay, this is the problem i am talking about. grin you are not even arknowledging T&C.


If you say it is fraud then go and arrest prosecute or sue NRC let's see how far you would get in court.. it is easy to scam nigerians very easy. They can't read!
Do you know the people behind the scheme? Make their names available, let see how it goes
Re: Nigerians React As NRC Ponzi Scheme Crashes! ‘I Did It With Borrowed Money’ by Sulex899: 9:45am On Jul 08
If you check am mostly na people wey de form been educated na dem act dumb.
Nigerians gather Educated illiterates so that's why you see some Educated dumbos misbehaving and spreading lies n propaganda on here
Naija we still get long way to Go
You won't see an illiterates man registering for the Ponzi scheme mostly its self Acclaimed Educated Ones flooded the bs Ponzi..
God help us from the Educated illiterates in Nigeria
Re: Nigerians React As NRC Ponzi Scheme Crashes! ‘I Did It With Borrowed Money’ by Beautifulday: 9:47am On Jul 08
AMI3:
Government have a role to play by protecting her citizens.
How many ponzi schemes have u heard in America, China, UK, Germany etc.
Do u think that everybody knows what is ponzi scheme?

Not because those that join these platforms are greedy but because most of them do not know how these things works.

Some only believe since people make money online it is a way of making money.

The government suppose to make such that such scammers suppose to fish out and use as a case study for others to learn.

U don't scammed people and think that u can go scot free in civilize society.

That is why China use this country a dumping ground for fake items.
People don't even know the role of government beside telling them to sell akara and kulikuli.

It's so bad
Re: Nigerians React As NRC Ponzi Scheme Crashes! ‘I Did It With Borrowed Money’ by LordLicifer(m): 9:47am On Jul 08
AMI3:
Government have a role to play by protecting her citizens.
How many ponzi schemes have u heard in America, China, UK, Germany etc.
Do u think that everybody knows what is ponzi scheme?

Not because those that join these platforms are greedy but because most of them do not know how these things works.

Some only believe since people make money online it is a way of making money.

The government suppose to make such that such scammers suppose to fish out and use as a case study for others to learn.

U don't scammed people and think that u can go scot free in civilize society.

That is why China use this country a dumping ground for fake items.
Govament cannot do a bloody thing! Mate!

There are always warning signs about these kinda schemes it is up to the punters to make decision where Or how they put their monies. govament cannot tell people where or how to invest their monies also.
Re: Nigerians React As NRC Ponzi Scheme Crashes! ‘I Did It With Borrowed Money’ by Ferebiekunake: 9:48am On Jul 08
Beautifulday:
Tinubu has failed to protect Nigerians on all fronts. If he is not corrupt, he will have the organisers tracked and arrested. All the money recovered.
Yes, that's the job of the President - to run after Internet fraudsters so that desperate Nigerians don't lose their money to glaring investment scams.

What a brilliant you😄
Re: Nigerians React As NRC Ponzi Scheme Crashes! ‘I Did It With Borrowed Money’ by Wstation: 9:49am On Jul 08
God1000:
Who are the people behind this please, we can't continue to keep quiet, does it mean the government didn't know about their activities all this time
They would only stop when idiots stop falling for these Ponzi schemes. Why would you pay money to carry out a task that you should be paid to do? How does that even make sense to anyone? Fools have gladly parted with their money...on to the next one.
Re: Nigerians React As NRC Ponzi Scheme Crashes! ‘I Did It With Borrowed Money’ by Beautifulday: 9:49am On Jul 08
LordLicifer:
Don't mind them, they could always see the signs but ignores it..

Govament cannot do a damm thing!
A government that can't remove or at least limit it's citizens' risk has failed completely.
Re: Nigerians React As NRC Ponzi Scheme Crashes! ‘I Did It With Borrowed Money’ by Beautifulday: 9:50am On Jul 08
Ferebiekunake:
Yes, that's the job of the President - to run after Internet fraudsters so that desperate Nigerians don't lose their money to glaring investment scams.

What a brilliant you😄
You don't know that money can't leave Nigeria without CBN knowing where it is going.

CBN knows the scammers.

CBN either doesn't know it's job or it's part of the scheme.
Re: Nigerians React As NRC Ponzi Scheme Crashes! ‘I Did It With Borrowed Money’ by LordLicifer(m): 9:50am On Jul 08
Beautifulday:
Do you know the people behind the scheme? Make their names available, let see how it goes
It is not my problem, i thought you said i am ignorant grin

As i said. Govament cannot do anything! govament didn't force or tell people to put their money there, the people made that decision and they are adults.
Re: Nigerians React As NRC Ponzi Scheme Crashes! ‘I Did It With Borrowed Money’ by Hungrychicken(m): 9:51am On Jul 08
LordLicifer:
There is no such thing as emergency money problem, i have never heard of such ever before..

If they have emergency money problem they should go and borrow and pay later that is what people with "emergency money" problem does. If they have emergency money problem were then do they get money to pay into NRC ponzi? You are not making any sense.
Yes there’s emergency money problems. Everyone gets one at different times in life, a period where you're stuck with no where to turn and you need money to solve a problem.

I had one recently, where I had a screen problem and no immediate cash on me until the month end. I took a loan, guess what, the interest on this loan is now twice the usual rate. I'm still mad about it, I should have waited until then month end, and save myself the high interest rate. Thats why people find other ways of sourcing emergency funds, not necessarily greed.


Not every one with money problems are penniless some, dont have enough at that time to solve the problem. So, finding ways to make up the deficit makes sense
Re: Nigerians React As NRC Ponzi Scheme Crashes! ‘I Did It With Borrowed Money’ by Beautifulday: 9:52am On Jul 08
LordLicifer:
It is not my problem, i thought you said i am ignorant grin

As i said. Govament cannot do anything! govament didn't force or tell people to put their money there, the people made that decision and they are adults.
Government can't do anything but they know where all the money is and who is controlling the accounts.

It's either government doesn't care or they are part of the people pulling the scheme.
Re: Nigerians React As NRC Ponzi Scheme Crashes! ‘I Did It With Borrowed Money’ by LordLicifer(m): 9:54am On Jul 08
Beautifulday:
A government that can't remove or at least limit it's citizens' risk has failed completely.
If the govament Had restricted people from putting or investing their money into NRC would they have accepted it?, would they not accuse govament of telling them how to spend their money?
Re: Nigerians React As NRC Ponzi Scheme Crashes! ‘I Did It With Borrowed Money’ by Beautifulday: 9:55am On Jul 08
This is year 2027 and we are still have problems of 1990s. Tinubu government is filled with fraudsters and incompetence I don't care fellows.
Re: Nigerians React As NRC Ponzi Scheme Crashes! ‘I Did It With Borrowed Money’ by LordLicifer(m):
Beautifulday:
Government can't do anything but they know where all the money is and who is controlling the accounts.

It's either government doesn't care or they are part of the people pulling the scheme.
Okay, i can't keep explaining go and complain to the police let's see what happens . grin they are part of the govament. Good luck
Re: Nigerians React As NRC Ponzi Scheme Crashes! ‘I Did It With Borrowed Money’ by Kaptainkoko: 9:57am On Jul 08
God1000:
Who are the people behind this please, we can't continue to keep quiet, does it mean the government didn't know about their activities all this time
What do you want government to do about it ?
That's the major problem about us, we will never take responsibility for our stupid actions but always blame others for it.
I have people close to me like 5 doing this scheme, they knew it's going to crash, but a typical Nigerian mindset is, "before e go happens I for don escape" we always believe we are smarter than everyone or better put "na me carry better grace pass"

Na greed go kee us all.
Re: Nigerians React As NRC Ponzi Scheme Crashes! ‘I Did It With Borrowed Money’ by kcbaba007: 9:57am On Jul 08
Abeg.... Which wan be nrc again
Re: Nigerians React As NRC Ponzi Scheme Crashes! ‘I Did It With Borrowed Money’ by Beautifulday: 9:57am On Jul 08
LordLicifer:
If the govament Had restricted people from putting or investing their money into NRC would they have accepted it?, would they not accuse govament of telling them how to spend their money?
Who said you should restrict them? Once the accounts for the scheme start getting massive inflow. CBN supposed to have limited the accounts. Get those operating it questioned.

Federal government has consistently said ponzy scheme is not supported by our laws.
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