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Alert: “loom,” Another Ponzi Scheme Appears After Nigerians Lost Billions To MMM - Investment - Nairaland

Nairaland ForumNairaland GeneralInvestmentAlert: “loom,” Another Ponzi Scheme Appears After Nigerians Lost Billions To MMM (1538 Views)

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Alert: “loom,” Another Ponzi Scheme Appears After Nigerians Lost Billions To MMM by ebaze(op): 12:50pm On May 08, 2019
Despite the sad experiences millions of Nigerians had with Mavrodi Mundial Moneybox (MMM) and other Ponzi schemes in 2016, Loom, a similar scheme is already popular among many Nigerians on social media platforms.

“Loom Money Nigeria” is a multi-level, peer-to-peer pyramid donation scheme that works the same way as the crashed MMM.

Read the full article via the link below!

Source: http://forevernaija.com/alert-loom-another-ponzi-scheme-appears-after-nigerians-lost-billions-to-mmm/

Re: Alert: “loom,” Another Ponzi Scheme Appears After Nigerians Lost Billions To MMM by ghostmode1: 12:58pm On May 08, 2019
Scam... run for your dear lives, it will sure collapse. It will yield nothing and your hard earned money will vanish into the thin air. Let those who have ears..
Re: Alert: “loom,” Another Ponzi Scheme Appears After Nigerians Lost Billions To MMM by Greatzeus(m): 12:04pm On May 09, 2019
ghostmode1:
Scam... run for your dear lives, it will sure collapse. It will yield nothing and your hard earned money will vanish into the thin air. Let those who have ears..
You know what's funny, what affected lots of people in mmm wasn't that they didn't make the money they did,but you will always put in your money and gain over and over so as to get more lol grin
Op stop promoting this scam, bringing it here is giving it popularity,a lot of people who never heard about it are doing so for the first time because of you. Nobody should talk about this scam,let it die a natural death.
Nigerians will never learn,some will say let me do it once,I will not do again taaar,don't do it at all. If you do,after first gain,you will always want more,that's what happened to many who did mmm.
Re: Alert: “loom,” Another Ponzi Scheme Appears After Nigerians Lost Billions To MMM by mekasnoop4u: 1:43pm On May 09, 2019
Please can i see the website....let me study it!
Re: Alert: “loom,” Another Ponzi Scheme Appears After Nigerians Lost Billions To MMM by ebaze(op): 8:34pm On May 09, 2019
Its a Whatsapp group ponzi scheme
Re: Alert: “loom,” Another Ponzi Scheme Appears After Nigerians Lost Billions To MMM by momentum85(m): 8:41pm On May 09, 2019
Invest 5k and cash out 40k within hours! Refer atleast 1 person. serious minded people should WhatsApp me. 08063354825. As e dey hot
Re: Alert: “loom,” Another Ponzi Scheme Appears After Nigerians Lost Billions To MMM by momentum85(m): 8:51pm On May 09, 2019
this is it.
Re: Alert: “loom,” Another Ponzi Scheme Appears After Nigerians Lost Billions To MMM by Aeman(m): 10:05pm On May 09, 2019
1 Reply

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