Warning!!!. Beware Of Ponzi Whatsapp Groups

With the recent freezing of MMM Nigeria, which happened as of last year December, Many Ponzi schemes has been brought into Limelight, which at the end has put or will put many Nigerians and the world at large into regretting.

Today on this article, we are going to be looking at a very risky Ponzi Program. This program is run on the Whatsapp platform.

How this is run and operated:-

A whatsapp group is created and given a very convincing name just to lure you into investing your hard earned money..

Examples of such names are listed below
1.) Easy Cash Forum. 
2.) Mega Cash Forum. 
3.) Ultimate Finance etc. Also see screenshot below;

The main purpose of creating such ponzi Whatsapp groups is to scam you of your hard earned money.

When this groups are created, they promise you of getting double of whatever you invest(Robbing Paul to pay Peter).

see screenshot below from a group chat:-

Please desist from it, because any body that pays or partake in it is only paying into the admins bank account.

They will tell you to drop your number and names in the group, so that your name will be placed on the provide help(PH) list, after they must have gotten a reasonable number of people from the provide help(PH) list, they match people on the list to those on the get help(GH) list. And on the get help(GH) list, the admin number is present there on that list, but was never there on the provide help(PH) list . At the end of the day, you end up paying to the admin.

After Sometime(A week or a month depending on the number of members in the group) of running the group, problem arises with people not being paid and the admins immediately leaves the group and delete his number from whatsapp leaving innocent and greedy Nigerians as well who are looking for a quick rich scheme program. At the end of it, you are being robbed of your hard earned money.. 

Please anytime you see such whatsapp group, do not partake in it, if you still wish to continue after reading this post, you do so at your own risk.. God bless you and your hustle..

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