Racksterli owned by Michael Oti, apart from now promising mouth-watering return on investment within 45 minutes – an incredibly short period of time – from the 30-day period it dangled before ...
The celebrities had been seen in viral videos promoting the platform, prompting people to invest in it. Nigerians have called on security operatives to arrest some celebrities, including David Adeleke ...
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ICYMI: Greed factor: Why Nigerians are losing billions to get-rich-quick investment frauds
Not long after Racksterli crashed, Davido took to his Twitter handle to promote yet another scheme, Rapdoge and advised his followers to take advantage of the offer. In one of his tweets, the pop ...
You know that moment when your friend tells you, 'This platform is paying! I made 100k in just two weeks!' and your ears perk up? No shame in admitting it — we can all relate. In a country where the ...
Nigeria’s long-standing battle with Ponzi schemes has woven a dark tale of financial deception, one that stretches over decades and has claimed the savings and dreams of millions. Each collapse brings ...
In recent years, thousands of Nigerians have fallen prey to the devious antics of money-doubling platforms, popularly known as Ponzi schemes. DEBORAH DAN-AWOH looks at the trend and how Nigerians are ...
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