Wednesday, 8 March 2017

2017 List Of Fake Ponzi Schemes in Nigeria You Should Beware

Ponzi Schemes trending more than Football betting in Nigeria. The youth see it as the fastest way to get extra money by providing and getting help from one another with some percentage attached to it.

What is it really about ?

It's a form of fraud in which belief in the success of a non-existent enterprise is fostered by the payment of quick returns to the first investors from money invested by later investors.

It's a fraudulent 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.


Due to the present economic problems in Nigeria, sharp guys, including ladies are now taking advantage of Ponzi Schemes. With the rate at which Nigerians are going into Ponzi Schemes for quick cash, many fake Ponzi sites has been created to scam you of your hard-earned money.

Today, i have taken my time to compile the list of all fake Ponzi sites i know (if not all). I'm sure, many more fake Ponzi sites will soon be created. You guys have to be careful. Ponzi Schemes are risky, even life is a risk though. But just becareful and do a thorough research before signing up for any Ponzi sites.
1. Pay donor
2. O give
3. Samapay
4. Money box
5. Joyful donor
6. Quick money
7. Helping community
8. Paydoublers
9. Help forum
10. Nairapayout
11. Greenspeer
12. Help community
13. Spring cash
14. Cashblaze
15. Our social wallet
16. Kaynation
17. Divine fund
18. Double Cash
19. Waxpress
20. Fund Niche
21. Paycycler
22. Peer to peer
23. Thriftonweb
24. Paymepayyou
25. Oil pot exchange
26. All the 24h and 48h. This Ponzi is based on Whatsapp named Whatsapp PH and GH. Created by a Nigerian guy.
27. Ultimate cycler
28. Run from any name that has cycle or cycler
29. ncycler
30. smile2charity
31. nairapropeller and more i can't recall now and more yet to be created.

2. Farewealth
4. SureCash
5. Digital Portal CLUB
8. Citifund
9. Cashgram
10. Valcash
11. Mycashlounge
13. Cashkay
17. PoshAlert
18. Triple income
19. Flashwealth
22. Wazobiaclub
23. Paypulse

Please, my brothers and sisters who have fallen victims already, take heart and make a U-turn.

Though, MMM Nigeria and Twinkas are still confirmed paying, as at the time of this publication...

If you know any other fake Ponzi Schemes that i didn't include in the list above, kindly bring it to my notice using the comment box below.

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