2017 Ponzi Schemes In Nigeria You Should Avoid
You might have come across some websites wishing to help you make fast money! Well most of em are ponzi schemes! The word Ponzi was originated and named after Charles Ponzi. He died in the year 1949. He was the first man who carried out such a fraud in the year 1919–1920. First definition: 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. Second Definition: 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. Credit goes to Wikipedia FAKE PONZI SCHEMES IN NIGERIA 2017 1. Pay donor 2. O give 3. Samapay 4. Money box 5. Joyful donor 6. Quick money 7. Helping community 8. Paydoublers 9. Help...