In spite of the numerous ugly experiences, Nigerians have had relating to an investment in “Too Good to be True” Investment Schemes (Ponzi Schemes) packaged and delivered under various names, that has not dissuaded them from staying away from such ...
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Ponzi Schemes Generally

A Ponzi scheme is an investment scam that involves the payment of purported returns to existing investors from funds contributed by new investors. Ponzi scheme organizers often solicit new investors by promising to invest funds in opportunities claimed to generate ...