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Saturday 27 November 2021

Nigerians loss N254.4 bln to ponzi schemes in 4-years

Nigerians loss N254.4 bln to ponzi schemes in 4-years: The biggest heist was by one of the ponzi scheme which ended up defrauding many gullible investors of over N171 billion in the guise of helping them to trade in forex with purported 15 percent return on investment every 30 days with a minimum capital investment of N360,000 and up to N5 million.

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