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PONZI SCHEME
News and stories about ponzi scheme
The Economic and Financial Crimes Commission (EFCC), Port Harcourt Zonal Directorate, has arraigned Precious Williams, a director of...
Nigeria’s Securities and Exchange Commission (SEC) has issued a public warning against Property World Africa Network (PWAN) and its associated platform, PWAN MAX, describing the company’s investment solicitation activities as illegal and potentially fraudulent.
This article explains how to spot a ponzi scheme and what to do avoid falling victim.
ANY offer with the words "Trading" and "Guaranteed" is fraudulent. It does not matter if it is currency or bitcoin or stock; it is a fraud.
These Ponzi syndicate has masterminded multiple online platforms, simulating trades in cryptocurrency, mining natural resources, and renewable energy products.
The Nigeria Police Force has finally arrested and arraigned Mr Bamise Samson Ajetunmobi, the owner of Imagine Global Holding Company Ltd and Imagine Global Solutions
4 claimants filed the suit on behalf of themselves and 76 others claiming to have been scammed by Chinmark group to the tune of N20 billion
JP Morgan Chase CEO, Jamie Dimon has referred to crypto assets as decentralized Ponzi schemes.
Ponzi schemes are perceived as a poverty alleviation strategy by many Nigerians who are looking for a way to have a better return on their labour.
The House of Representatives has passed a bill for the second reading, recommending a 10-year prison sentence for...
The Securities and Exchange Commission (SEC) has issued a warning to the public over the activities of FinAfrica...
Recently, a viral tweet put scores of Twitter users in serious debt to mobile telecommunications operator - MTN....