National Assembly proposes jail terms for Ponzi scheme promoters
The National Assembly has passed the Investment and Securities Bill, which includes provisions for jail sentences for those who promote Ponzi schemes in the country.Information Guide Nigeria Oluwakemi…
Police Reportedly Arrest Top Influencer Of Chinmark Ponzi Scam, Amanda Chisom
Police Reportedly Arrest Top Influencer Of Chinmark Ponzi Scam, Amanda Chisom Amanda Chisom has been arrested by the police as Chinmark accomplice. According to report, She would be…
Court Orders Ponzi Scheme Couple To Pay N18.8 billion
Court Orders Ponzi Scheme Couple To Pay N18.8 billion A high court in Lagos State, Ikoyi division has ordered Mr. Bamise Samson Ajetunmobi, Mrs. Elizabeth Anuoluwapo Ajetunmobi to…
Lady Commits Suicide As Chinmark Group Ponzi Scheme Collapses
Lady Commits Suicide As Chinmark Group Ponzi Scheme Collapses A lady identified as Nuella, who is also a victim of a crash Ponzi scheme, Chinmark Group, has committed…
Top 10 Ponzi Schemes in Nigeria to Avoid
Gullible Nigerians fall easy prey to Ponzi schemes as they are looking to get more with little or no risk. Many people don’t know how to identify these…
Reasons Why You Should Never Participate In Ponzi Scheme
Recently I was in a bus where I overheard two people discussing the renewed strategy the already collapsed ponzi scheme, MMM recently adopted. I was surprised as to…
Impacts of Ponzi Schemes on Nigeria economy
THE EFFECTS OF PONZI SCHEMES ON THE ECONOMY OF NIGERIA. Ponzi schemes are fraudulent investment scams that promote high rate of return with little risks to investors, these…