Topic: Avoid Ponzi/Ponzi scheme is a scam - page 3. (Read 435 times)
This is what you get when you invest in a get quick money scheme just like this one, well am not surprised to see that it has crashed already because the rate at which I saw a lot of people advertising GMG in the internet without proper findings got me so worried, l think there's no need to advise people again on investing in Ponzi scheme businesses because they never get to learn after losing funds and once they get information about a new one, they will also rush and start investing until they lose all the money they have. I believe so many Nigerians will be in tears now on hearing about the crashing of GMG but I hope they learn from this because this is not the first time they have cried out loud after losing funds from so many Ponzi scheme Investments.
greed always destroys people, ROI that is too big will always make bad luck in the future.
in the US there is FINRA which helps a lot of people in educating people about the dangers of fraudulent investments and ponzi schemes but in third world countries, the institutions responsible are very small because the attention of the government in that country about citizens trapped in fraudulent investments is not big.
Therefore, before you really get caught in a bogus investment or ponzi scheme, be skeptical and don't easily believe in any promises that are offered because everything is just bait.
in the US there is FINRA which helps a lot of people in educating people about the dangers of fraudulent investments and ponzi schemes but in third world countries, the institutions responsible are very small because the attention of the government in that country about citizens trapped in fraudulent investments is not big.
Therefore, before you really get caught in a bogus investment or ponzi scheme, be skeptical and don't easily believe in any promises that are offered because everything is just bait.
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LOL, it looks like some people are already investing in it. It will sure be what it used to be: ponzi and people looking to make quick cash, so definitely some people will fall victim, apart from those reading through this thread, those that the ponzi have not extended to their country, and people who remain unmoved in this aspect of making money. Obviously, there are going to be more of these ponzi schemes arising before the end of this year; people just have to be careful and do proper research before putting in their money on any platform.
Most of these websites promoted by skirt makers cannot be fully trusted because even skirt makers cannot be trusted when it comes to money and investment.
Why would any one ever get their Information or advice on what to join or use from a promotion they found in the video of a skit maker. Skit maker are content creator who are trying to use the popularity they have gotten from the content they been making to get profit.
Many of them to scrutinize those who offer them any deal they would be financially earning from. I know of a particular skit maker that was an ambassador to what latter became a fail and scam Exchange in my country.
Be aware of GMG website, should Incase kind of website will be close to your country, this site is a ponzi scam website where you will be asked to invest with the them, some days a go some people who invested with site because of a skirt Maker who promoted the site and many people thought with the skirt Maker who is promoting the GMG website that the site will be legit.
Most of these websites promoted by skirt makers cannot be fully trusted because even skirt makers cannot be trusted when it comes to money and investment.Such websites have their own goal, and once they achieve it, they run off with other people's money. However, those who participate in such websites' Ponzi schemes are typically run by greedy individuals who want to make quick money without learning anything about cryptocurrency. To avoid such a story, it is always advisable to conduct extensive research on any website or platform where you intend to invest your money.
If it has crashed already then that means that people should be aware of any the same scheme as what GMG has made to you guys. And trust no one even if the advertiser is going to be a very influential person or celebrity. The fate of these investments are not in their hands but still in the hands of the developers that has the intention to scam people. They're just good as advertisers but after getting paid, they can go away from any trouble from them. But just as the US, they've got serious law about these influencers and advertisers to become responsible to what they are advertising with.
I Googled "GMG" and received a variety of results, none of which were investment sites; some were maritime sites, while others were for reservations. Therefore, including a direct link to the site is preferable.
GMG stands for Graphene Manufacturing Group according to the screenshots in OP. I don't know if some Nigerian scammer created a lookalike or fake website with the same name. From the little research I did, the real Graphene Manufacturing Group is headquartered in Australia. It's also a publicly listed company whose shares you can trade on the stock market. It's a bit difficult to understand OP with the way he is expressing himself. 
I Googled "GMG" and received a variety of results, none of which were investment sites; some were maritime sites, while others were for reservations. Therefore, including a direct link to the site is preferable.
The skirt maker was contacted or asked to help them promote their project not because of his knowledge of the project, but rather because of his influence, or the number of people that the project could reach through him.
I wouldn't be surprised if the skirt maker in question never visited the website he promoted; as long as these influencers get paid, they couldn't care less about what happens to their viewers or those they claim to be fans.
It's now being repeated everywhere DYOR, regardless of who is selling you a project, if you haven't done your own research, don't buy it.
P.S. Please reduce the size of your images as they take too long to load and mess up the appearance of your thread.
Some days a go some people who invested with site because of a skirt Maker who promoted the site and many people thought with the skirt Maker who is promoting the GMG website that the site will be legit. So I'm of the opinion that we should avoid ponzi scheme and also make sure we make a research properly before investing in a newly created website.
The skirt maker was contacted or asked to help them promote their project not because of his knowledge of the project, but rather because of his influence, or the number of people that the project could reach through him.
I wouldn't be surprised if the skirt maker in question never visited the website he promoted; as long as these influencers get paid, they couldn't care less about what happens to their viewers or those they claim to be fans.
It's now being repeated everywhere DYOR, regardless of who is selling you a project, if you haven't done your own research, don't buy it.
P.S. Please reduce the size of your images as they take too long to load and mess up the appearance of your thread.
some days a go some people who invested with site because of a skirt Maker who promoted the site and many people thought with the skirt Maker who is promoting the GMG website that the site will be legit.
Don't trust influencers. They can scam you intentionally by working for Ponzi projects but they might even not know that project is scam and they eve lose their money too.Crypto Investing and the Curse of the Luna Tattoo
Mike Novogratz lost his money with Terra $LUNA too and if you followed his investment decision, did the same thing, you lost money too.
Be aware of GMG website, should Incase kind of website will be close to your country, this site is a ponzi scam website where you will be asked to invest with the them, some days a go some people who invested with site because of a skirt Maker who promoted the site and many people thought with the skirt Maker who is promoting the GMG website that the site will be legit. So I'm of the opinion that we should avoid ponzi scheme and also make sure we make a research properly before investing in a newly created website. To inform you very well the website has crashed and people who invested their money, all are lost. Let everyone be careful for investment.
https://www.nairaland.com/7675996/ponzi-scheme-gmg-finally-crashed
https://www.nairaland.com/7675996/ponzi-scheme-gmg-finally-crashed
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