A Twitter user, Kalu Aja, started a discussion on Ponzi Schemes that are disguised as legitimate investment platforms to dupe Nigerians of their hard-earned money.
Kalu asked Twitter users who have lost money to Ponzi schemes to name the business and narrate their experience so that others won’t fall victims.
Read the replies below.
I am not in any position to investigate or assist in recoveries if you have been scammed..— Kalu Aja (@FinPlanKaluAja1) March 29, 2021
That post is to inform others about bad actors
2. How Are The Returns Being Generated?— GoldenBenny (@bennydrealtor) March 29, 2021
If they say they invest the money, ask them what exactly do they invest it in. Anything outside real business activity and productivity is moving in the direction of disaster.
4. Who Is Their Management?— GoldenBenny (@bennydrealtor) March 29, 2021
Are the people behind them real people or people with a fake address and no physical presence?
3. How Realistic Are The Returns?— GoldenBenny (@bennydrealtor) March 29, 2021
There are a lot of platforms offering mouth-watering returns. You need to ask yourself, even if they claim to.