Nigerians, our mumu never too much?First, it was MMM, the frauds company that made many cried, they vowed never to look into an online investment again, many lost homes, students dropped out of school due to financial instability and being unable to meet the school fees deadline, some lost jobs, and some were arrested due to loan defaults. We all assumed it was the end, but we had no idea it was the start of a Ponzi investment in our beloved country. MMM fraud techniques gave birth to a plethora of types of online investing, including the popular 10k and earn back 40k in 24 hours scams, which have never ceased despite several warnings from central banks and financial authorities.
Is it really fair to criticize celebrities for using their celebrity to mislead their fans into believing they can make a fortune overnight? Celebrities have a lot of power and play a lot of roles, but their personalities don't impact me in any way; they're just like regular people like me; the only difference is the part we all play in society, and because they're more valued than me, they'll always receive the attention. I'm sure the smart ones here would rather have Satoshi as a role model than any other influencer if he or she could be seen or touched.
Nigerians have evolved to prefer investments that originate from the mouths of celebrities. This is why they always have a lot of attention from the public since they don't have enough stuff to keep their followers on track, which raised the question of whether the central bank would interfere or continue to observe. Last year was the year of wazobia investment and Raskerly, I tried everything in my power to convince some of my scumbags friends well known for gambling to let go of this scheme but everything I did in my power to bring them to the limelight of crypto was futile until the company closed down, they were doomed for life because of mere celebrities.
Yesterday, I came across a discussion on Naija's largest forum, Nairaland, and a topic sparked my curiosity about how Twitter was trending with Eatrich on how they failed to remit billions to investors, and I attempted to investigate where it all originated, and lo and behold, celebs, I wasn't disappointed.
The SEC is monitoring and doing nothing to arrest these fraudsters, but they won't wait a second when they hear crypto in their ears, they don't want to securely invest in cryptocurrency, and they won't let the young use cryptocurrency freely. It's out of control, and the central bank is more concerned about the E-Naira.
Only an idiot would guarantee a % ROI in a short length of time; Nigerians are intelligent, but I'm not sure about this one.
Source:
Eatrich-investment-fails-pay-billionsMake I yarn una something weh happen to my cousin sister
Last week, my cousin sister's Facebook account was compromised; I'm not quite certain how they did it, but her friend account was first hacked, and then they chatted her to invest on investment normally the doubling schemes, thinking it was her friend who was trying to help her out with a sweet investment, and I was disappointed that she transferred 20k X5 and 5k a single time making a total of #105k and I was highly disappointed how they cheaply sweep her account. She contacted me to ask for my assistance in recovering her money from the fraudsters. Then I called my pals, who advised me to go to the scammer bank, Access Bank but that was another story, you know how we dy do things na
When I arrived at the bank, I filed a complaint with customer service, and she informed me that the owner of the account must file a complaint with proof of transaction, and after that, we must go to court to obtain an official letter to be presented to the bank before they can freeze the scammer's account. When she heard that, she gave up, knowing that the anguish she would experience would cost her money.
This scammer did not stop with her; he utilized her account to contact other of her Facebook friends in order to trap other naive Nigerians, and it tears my heart that nothing was done.
With the way things are going, I believe the scammers are aware that banks will not do anything to them even if they find out, except when a scammer wants to swindle another scammer, and I grieve for our beautiful nation.
I advise her that the next time she should invest in crypto rather than do quick money, and for Nigerians, I hope we realize that Bitcoin is the only thing you need, not some celebrity's counsel who is suffering on show business check.
Nigerians must wake up because mumu don too much.
Una Happy Sunday everyone.