Panic In Nigeria As Popular Money Doubling Scheme Crashes - Politics (3)

Panic In Nigeria As Popular Money Doubling Scheme Crashes - Politics (3) - Nairaland

Nairaland Forum › Nairaland General › Politics › Panic In Nigeria As Popular Money Doubling Scheme Crashes (14393 Views)

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Re: Panic In Nigeria As Popular Money Doubling Scheme Crashes by lafuria1(m): 8:53am On Dec 03, 2016

FreeSpirited:
Keep shut if u dnt do it

No vex, carry on.

Re: Panic In Nigeria As Popular Money Doubling Scheme Crashes by lafuria1(m): 9:08am On Dec 03, 2016

COdeGenesis:
400% profit, how sustainable can that be, mmm is more robust and sustainable 30%. its greedy pple that Will do ultimate cycler besides if the site comes up i feel the profit Will be reduced to 50%

The way ultimate cycle is set up is completely a scam, Mr A brings 12500, Mr A will need to bring other four people to contribute 12500, Mr A then gets 60k (5 * 12500) the extra 2500 goes somewhere. Those other four that brought 12500, will have to bring other four people.

A friend came to ask me for 12500 and also wants me to be among her 4 other people meaning I will be giving her 25k, I told the person to be patient and do MMM.

3 Likes

Re: Panic In Nigeria As Popular Money Doubling Scheme Crashes by Nobody: 11:11am On Dec 03, 2016

OZAOEKPE:
For saying the truth

I WAS SKEPTICAL ABOUT THIS ULTIMATE.BUT FINALLY AT THE 11HR I CEASED TO PARTICIPATE.PLEASE HOW DO 1 POST SMTN

Re: Panic In Nigeria As Popular Money Doubling Scheme Crashes by airminem(f): 12:07pm On Dec 03, 2016

I don't know what we're yelling about

Re: Panic In Nigeria As Popular Money Doubling Scheme Crashes by zanebaddo(m): 12:32pm On Dec 03, 2016

Eagle360:
there is, a lot way, my #10,000 have turned to #60,000 in just over 2 months....... mmm rocks, for those who are praying for it to crash. I wan ask you one question.
When will you die? If you can answer that, mmm will crash.

How do you mean 10k has turned into 60000 in two months bro help me o make i find the 10000k put

Re: Panic In Nigeria As Popular Money Doubling Scheme Crashes by jidxin(m): 1:26pm On Dec 03, 2016

OZAOEKPE:
For saying the truth

I still log in ystrday tho....but it hasn't crashed yet

1 Like

Re: Panic In Nigeria As Popular Money Doubling Scheme Crashes by Eagle360(m): 1:29pm On Dec 03, 2016

zanebaddo:
How do you mean 10k has turned into 60000 in two months bro help me o make i find the 10000k put

my first month which is October I borrow 10k join my 10k and PH, I collected 34k, latter I refer people that provide help...... I received referral bonus through my downline, by 29th of this month my money will accumulate to 60+ . mmm rocks, mmm is really.

Re: Panic In Nigeria As Popular Money Doubling Scheme Crashes by Eagle360(m): 1:30pm On Dec 03, 2016*

zanebaddo:
How do you mean 10k has turned into 60000 in two months bro help me o make i find the 10000k put

Re: Panic In Nigeria As Popular Money Doubling Scheme Crashes by fratermathy(m): 1:52pm On Dec 03, 2016

I'm not surprised. Historically, all ponzi schemes eventually crash. No one is exempted. It's only a matter of time.

MMM is yet to crash because people are still joining everyday. Once that surge stops, the crash will come calling.

1 Like

Re: Panic In Nigeria As Popular Money Doubling Scheme Crashes by satysaca: 7:33pm On Dec 03, 2016

abila122:
https://nigerianewsnow.com.ng/wp-content/uploads/2016/12/Ultimate-cycler.jpg

The website of one of the popular ponzi schemes in Nigeria, Ultimate Cycler, has crashed.

This has aggravated fear in the hearts of many who are into similar money doubling scheme, especially the controversial MMM. The ponzi website crashed early Thursday morning, December 1, around 10:30am, shutting out every member from their account.The site first displayed error codes in bold letters, then it proceeded to display another message: “Be right back. We are currently updating the site to give you a more pleasurable experience and will be back online shortly. Our update estimation is to be complete over the next 6 – 12 hours. Thank you, Peter Wolfing.”
Ultimate Cycler is a new ponzi scheme that came just after MMM. This new money doubling scheme claims a promise of better returns on invested money than MMM. The hook for Ultimate Cycler is members get a return of N50,000 after paying N12,500 to a fellow member he or she registered under. Dangers for members who have invested in it or others like MMM is that when such websites go down, chances are that it never comes up again and hence, “investors’” money goes with it.

The website was back up early this morning, Friday, December 2, 2016. According to the scheme’s Twitter account, the website was down because the servers were being upgraded.
https://nigerianewsnow.com.ng/wp-content/uploads/2016/12/Ultimate-246x300.jpg

Source: http://nigerianewsnow.com.ng/2016/12/02/panic-in-nigeria-as-popular-money-doubling-scheme-crashes/

The Ultimate Cycler Global Commitment

At Ultimate Cycler we are introducing our global commitment over the next few days to provide each country we serve even greater value.
As you know we are now having more than 100,000 to 200,000 thousand new members daily and have a large percentage of the new subscribers from Nigeria.
Therefore we are doing the following ASAP over the next few days to ensure our global commitment will impact each and every Ultimate Cycler subscriber no matter where you live in the world.

1.  We are adding an additional income source
2.  Providing a new design and layout
3.  During Q1 registering Ultimate Cycler in Nigeria with an Office and legal presence.
4.  Will offer life time admin fee to avoid different charges throughout the year.
5.  An amazing Christmas income opportunity the everyone can participate in.

Please be sure to check your inbox for more details as we get closer and my next update.

Thank you,

Peter Wolfing

Re: Panic In Nigeria As Popular Money Doubling Scheme Crashes by tollyboy5(m): 8:42pm On Dec 03, 2016

like seriously I never see all those people eye dey shout ponzi did ponzi that since yesterday we dem dey na grin

Re: Panic In Nigeria As Popular Money Doubling Scheme Crashes by EMXTAN1(m): 11:09pm On Dec 03, 2016

tollyboy5:
leave DAT guy u dey mind am na Japanese wey miss road enta north come become president atiku yeye dose ones wey rim don't Colet go dey find am now

lmao... u know every

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