NewStats: 3,261,367 , 8,173,801 topics. Date: Thursday, 29 May 2025 at 02:49 AM 5b4s33

GanagiBitrus:
Not excusing Nigerians' greed & quest for quick money, but Govt also has responsibility to protect her citizens.
SEC & other agencies shouldn't be licensing & allowing such dubious schemes to operate, & scam Nigerians.

They were never licenced by SEC.

Get your fact right.

Our people never learn. We quickly forget things and fall for similar lies.

Same way our politicians will come to promise us better life if they were elected for second term, without asking them why can’t they do better in this current term

Omooba77:





https://www.vanguardngr.com/2025/04/from-mmm-to-cbex-list-of-ponzi-schemes-that-have-stolen-from-nigerians/

There also Student wallet...if you're within Benue State you may understand

Quick Wealth Syndrome

DeepSight:
You people are GenZ, you dont know of the old ones like WealthSolutions, Canadian Diamonds etc.

Not sure you have heard of Umana Umana, that's the father of all ponzi scheme in Nigeria.

ppogba:


They were never licenced by SEC.

Get your fact right.

LICENSING & ALLOWING...

Get your English Comprehension right.

ppogba:


They were never licenced by SEC.

Get your fact right.

LICENSING & ALLOWING to operate...

Get your English Comprehension right.

Pcex is what is next online now

onatisi:
There is another one they are even doing now here by the tell people to be clicking and watching videos and also be recruiting more people . The more people you bring the more reward you will get

that’s cashtube. I don’t even involve in that again. Once you can’t do things with your hands, just forget it

Is Vision Business Hub a PONZI Scheme?

Their names nor get end.

Planwell nko?


Those wey dey the area know wetin dey

DeepSight:
You people are GenZ, you dont know of the old ones like WealthSolutions, Canadian Diamonds etc.

Pennywise around 2007 -2008

adelafe2019:



Is Vision Business Hub a PONZI Scheme?

There's no investment in nigeria

Is it a gamble?

What do you mean by 10percent monthly?

Juell:
after MMM I learnt my lesson, MMM was even 10% monthly. Now someone promised you 100% monthly interest and people ignorantly invested, greed is the problem here. Nigerians will never learn.

You said it was operated by reverend fathers and sisters! The reverend fathers and sisters, are they from nigeria?

ShootThemAll:


You forgot to mention MBA Forex and Dominus Vobiscum Investment, Dominus Vobiscum Investment was run by Reverend Fathers and Sisters. My friend’s dad lost his entire gratuity and retirement savings in that scheme, and the trauma eventually took his life. Meanwhile, the Reverend Fathers and Sisters are still alive, living large, one of them even bought himself a BMW X6.

Nigerians can be incredibly gullible, which is why corrupt politicians keep using the people like pawns. After CBEX, give it a month and another scheme will pop up, and Nigerians will still fall for it and get duped all over again.

Omegapro don crash?

I went to their seminar in 2019 abi na 2020!

Ire4God:
You forgot to mention OmegaPro

kpankpangolo:
If you believe you can sit, click your phone and somehow money will be generated, you deserve to lose millions. There is nothing spiritual about money. It is physical. You render a service to make money. The harder or smarter the service, the more money you make. When a handicap person can click a phone every hour of a day, there is no way it will generate money. If the action can attract a payment, the money will be minute in sum.

Bitcoin ,PI says hold my beer 🍺

Forum micro finance bank. Was it like the usual microfinance banks that we all see everywhere?

lapintoz:
You should start from Forum Micro Finance Bank, new Kudirat Abiola Way, Ikeja Lagos. I think 1992/93.

That was the beginning of ponzi schemes in Nigeria.

Since MMM show me shege,my hand nor dey anything Ponzi again

Love800:
You said it was operated by reverend fathers and sisters! The reverend fathers and sisters, are they from nigeria?

Yes, from Nigeria.

APC isn't on the list

11. A new Ponzi scheme that will emerge very soon and gullible people will lose money again

You forgot to add chinmark, ovaioza....

to add pennywise..them show me shege 2019

The list is more than this

I always say it there are no oversight of these random financial services ..any idiot can create a website then start collecting money ..Nigerians are so gullible its unbelievable

A Ponze Scheme called D-earnPay cast away my money during Obasanjo civilian rule . It pain me to the extent i don't beleive/ involve in any online scheme again ever since then.. but i play bet9ja oo

Twinkas
gethelpworldwide
and others stole 450k from me in 2017 thereabout
money wey I don plan to buy car then.

I almost lost my sanity but thank God for time

You no mention Thomdock that nearly made me to commit suicide

WHat were the regulatory agencies doing when CBEX started.

They keep mute and come to shout we warned them

That is not professional

Kill it at the beginning

what of patricia