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The Ponzi Schemes Are Back In Full Force - Investment - Nairaland

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The Ponzi Schemes Are Back In Full Force by K254725: 6:58pm On May 10, 2020


People are squeezed between a rock and a hard place and the mischievous ones are creating Ponzi schemes.

I cannot count how many of my YouTube channels are promoting these schemes as "investments" undecided . Some think they are helping... Until people start loosing money ...

Look here people,

1. If you have to bring other people ... It's a Ponzi scheme

2. If the "investment" or "crowd funding" is not engaging in other profit making ventures ... Depending on new members contribution to make money ... It is a Ponzi scheme...

3. It does not matter whether the price is money, Bitcoin, Etherum, gold(yes, even gold these days)... If you are making money without spending it ... Ponzi

4. If it is shaped like a PYRAMID ... Chei lipsrsealed ... That's why they are called pyramid schemes!!! It starts with one person who recruits three, who recruit other three and it grows like a Corona graph. It's a Ponzi scheme...

I Taya!!!!!

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Re: The Ponzi Schemes Are Back In Full Force by vertueptime: 7:16pm On May 10, 2020
The funny thing is no matter how long u preach this, there is always a market for this, too many stupid gullible people in Nigeria

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Re: The Ponzi Schemes Are Back In Full Force by narit: 7:53pm On May 10, 2020
vertueptime:
The funny thing is no matter how long u preach this, there is always a market for this, too many stupid gullible people in Nigeria
People learn by experience.

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Re: The Ponzi Schemes Are Back In Full Force by K254725: 7:57pm On May 10, 2020
vertueptime:
The funny thing is no matter how long u preach this, there is always a market for this, too many stupid gullible people in Nigeria
cry
Re: The Ponzi Schemes Are Back In Full Force by K254725: 7:58pm On May 10, 2020
narit:

People learn by experience.

Chei!!! cry
Re: The Ponzi Schemes Are Back In Full Force by adewumiopeyemi(m): 8:01pm On May 10, 2020
Greedy people everywere
If you continue to preach to them
They wount. Listening
Until they get scam
They wil na bring the story to nairaland

One bitten twice shy

4 Likes

Re: The Ponzi Schemes Are Back In Full Force by Staphylococcus: 3:21am On May 11, 2020
Who is destined to be duped, will still be duped.

People will still learn the hardway

3 Likes

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