Category Archives: Ponzi Schemes

FG Goes After MMM, Ultimate Cycler, Other Ponzi Schemes

The Nigeria Internet Registration Association (NIRA) on Friday, said it was going to clamp down on internet abuses by various forms of Ponzi schemes such as the Mavrodi Mondial Moneybox, MMM, Ultimate Cycler, Givers Forum and more.

According to Vanguard, Mr Sunday Folayan, the President of NIRA, made this known in a statement in Lagos.

He said:

”If you discover any form of Internet abuse with .ng websites please send an email to abuse@nira.org.ng. We will deal with it. ”Together we can make the internet safe for us and our children,’’ he said.
According to him, most Nigerians are being defrauded by various forms of Ponzi schemes while the fraudsters are operating under various names and platforms.He said that many had fallen victims as the schemes had impoverished more people than they claimed to have helped. He, however, said that the scammers were feeding on the greed of the people and the poor economic situation to lure more victims.

He added that this was in spite of warning by the Federal Government that Nigerians should not invest or get involved in such fraudulent schemes. Folayan said that recently, innocent people’s contact details such as phone numbers and emails, were being used as administrative contacts for these schemes.

According to him, the victims of the identity theft only get to know when defrauded victims start calling and demanding for payments. He said that several people had received threatening phone calls regarding their fate, if they do not pay up. Folayan said that NIRA had taken concrete steps to further assist law enforcement agencies to deal with the menace.

Top ten Paying Ponzi Schemes in Nigeria as at February 2017

Top ten Paying Ponzi Schemes in Nigeria as at February 2017

Since this year, we have witnessed an astronomical rise in the number of Ponzi schemes being released in Nigeria. As a matter of fact, everyday more than five ponzi schemes are been created. What we do here at MMM Nigeria Office is to provide you with a detailed review of the latest paying Ponzi schemes in Nigeria.

Because of this, we have maintained an Updated comprehensive list of all of the Ponzi schemes in Nigeria. However, we have noticed that while some Ponzi schemes lasts for a couple of months, others just crash in a couple of days or even hours.

Because of this, the MMM Office Team decided to embark on a research to list the Top Ten paying Ponzi schemes in Nigeria as at February 2017 and the list below is a result of that research.

However, note that this list does not translate to an endorsement from us. Please use these schemes at your own risk.

 

Twinkas

You can join Twinkas by logging into www.twinkas.com . When you join, you will need to donate the sum of either N5000, N10000, N20000 or N50000 to a fellow member assigned by the system or your direct link, and the member will then confirm your donation and then the system will automatically assign 2 other registered people under you from spillovers who will also pay you the joining amount each, into your bank account, making 200% (i.e. 200% of N5000 is N10000, 200% of N10000 is N20000 200% of N20000 is N40000 and 200% of N50000 is N100000).

CLICK HERE TO READ MORE ON TWINKAS

AlwaysPays

AlwaysPays AutoSystem provide an awesome opportunities for everyone.With AlwaysPays everyone are sure of succeeding with just two levels. There matching system will match nine(9) members to pay you ₦12,000($25) each a total of ₦108,000(900%) for level 1 within 25 days without threes(3) referrals.

CLICK HERE TO READ MORE ON ALWAYSPAYS

Naira propeller

In Naira Propeller, you get 300% of the donation you make. Donation is strictly restricted to N10,000 only. You also get a referral bonus of N1,000 for each person you bring in.

CLICK HERE TO READ MORE ON NAIRA PROPELLER

DonationHub

DonationHub.net is a platform where you donate to other members and receive 50% of the money donated in the next 48hrs.

CLICK HERE TO READ MORE ON DONATIONHUB

GetHelpWorldwide

On GetHelpwoldwide, you declare the willingness to Give Help (click on “Provide Help”), type in the amount you wish to Provide as Help either in your Local Currency on in Bitcoin after which your account will be rewarded with One Time Registration Bonus (depending on amount of Help Provided). Help provided will start growing from the moment it was entered online at the rate of 30% for Local Currency or 50% for Bitcoin in 30 days, while you remain with your money till you are paired with who you will donate directly to.

CLICK HERE TO READ MORE ON GETHELPWORLDWIDE

GiversCircle

GiversCircle is a platform developed by givers heart with a single objective of aggregating people of like minds, whom out of self will give help to people within their circle. At Givers-Circle, we are one big happy family, with a large heart and we love been our own brother’s keeper. Together we can make the world a better place.

Register on Givers-Circle and join a circle from available circles with an amount you can afford to give. There are four cycles; N10,000 , N20,000 , N50,000 and N100,000

CLICK HERE TO READ MORE ON GIVERSCIRCLE

Claritta

You donate N1,500 to a Fellow Claritta Member, and in 7 days time you’ll be matched with 4 Claritta Members who will donate N1,500 each to you.

CLICK HERE TO READ MORE ON CLARITTA

247Helpers

Like every other ponzi scheme, 247helpers.org is a trending scheme for doubling ones money, its a scheme for individuals who can to make quick cash in hours and have them selves covered with less risk.

100% Growth Instantly on 247helpers.prg

CLICK HERE TO READ MORE ON 247HELPERS

PledgeCycle

Pledge Cycle is community where people help each other by making pledges to one another. A member makes a pledge of 0.05 bitcoin, and the system will assign 4 persons to make the same
pledge to him.

NOTE : Pledgecycle do not run a central account, all transactions are made directly to the members Bitcoin account.

CLICK HERE TO READ MORE ON PLEDGECYCLE

Loopersclub

Loopers Club is a Ponzi scheme where you get 200% (double) of your money in 7-14 days. Loopers Club is like TwinKas where you get 200% of your money in few days and the cool thing is you don’t have to do evangelism to earn, matching is quick.

CLICK HERE TO READ MORE ON LOOPERS CLUB

 

It’s there any Ponzi scheme you think could have made the list. Talk to us about it using the comment form below and also share this post with your friends.

 

 

 

Updated List of Ponzi Schemes in Nigeria 2017

Ponzi Schemes are now making waves in Nigeria. It’s now the topic most youths are now talking about. Ponzi Schemes in Nigeria are now rampant even more than Football betting. Though, people see it as the fastest way to get extra money by providing and getting help from one another with some percentage attached to it.

In case you don’t know the meaning of Ponzi Scheme;

A Ponzi Scheme is an investment operation where the operator, an individual or organization, pays returns to its investors from new capital paid to the operators by new investors, rather than from profit earned through legitimate sources.

The word Ponzi was originated and named after Charles Ponzi. He died in the year 1949.

Due to the present economic downfall we are experiencing in Nigeria, many people are now taking advantage of Ponzi Schemes to make quick money for themselves. With the rate at which Nigerians are going into Ponzi Schemes for quick cash, many  Ponzi sites have been created to help you make money.

What we do here at MMMOffice.com.ng is to bring to you the latest and detailed information on all Pozi Schemes in Nigeria.

Today, we have taken our time to compile the list of all Ponzi sites we know as listed below;

1. Pay donor
2. O give
3. ExEarn
4. Money box
5. Joyful donor
6. Quick money
7. TetriSmart
8. Paydoublers
9. Help forum
10. Nairapayout
11. Greenspeer
12. Help community
13. Spring cash
14. Cashblaze
15. DeInvestors
16. Kaynation
17. Divine fund
18. Double Cash
19. Twinkas
20. Fund Niche
21. Paycycler
22.CLARITTAS
23. Thriftonweb
24. Paymepayyou
25. Oil pot exchange
26. NairaTab
27. Ultimate cycler
28. Goldbox.club
29. ncycler
30. smile2charity
31. Nairapropeller 

32. DonationHub

33. Changing Lives Online

34. GetHelpDaily

35. CashGram

36.SafeWealth.com.ng

37. CashInvest

38 GiversCircle

39. PledgersHub

40. TheAchievas

41. Pekunias

42. NIGFunds

43. LiftCareer