Tag: Ponzi schemes
NDIC warns Nigerians against Ponzi schemes
He reassured Nigerians that with NDIC, their money is safe and accessible when needed, adding that, "with the rapid growth…
EFCC sends important message to Nigerians
“In Nigeria today, the aspiration for wealth has grown increasingly urgent among the youth, leading to vulnerability to financial frauds…
Warning! How to spot Ponzi scheme trap
Mr Lamido Yuguda, the Director General, Securities and Exchange Commission (SEC) recently spoke at the Second quarter (Q2) virtual post…
SEC laments resurgence of Ponzi schemes
SEC said the unlawful schemes had continued to enjoy massive patronage of the populace and remained a source of concern…
Medview, Arik the new Ponzi schemes
People generally believe that Ponzi schemes are primarily money doubling, risk-taking adventures but there are some that are designed to…