MMM, Other Quick Money Schemes Rule Nigeria

If you think MMM Nigeria is the only money making scheme in Nigeria, then wait, there are many more, each offering too good to be true returns on investment.

Despite warnings by Security and Exchange Commission (SEC) and Central Bank of Nigeria (CBN), these schemes seem to be growing in their notorieties.

According to the CBN, MMM is a “wonder bank “.

But there are several other MMM Nigeria or what looks like that and they include: Ultimate Cycler (ultimatecycler.com). Like MMM Nigeria, it promises great returns.

 Founded by Peter Wolfing, Ultimate Cycler is United States based network marketer.

When you register, you will need to donate the sum of N12,500 to a fellow member and the person will then confirm your donation.

The system (Admin) will put 4 other registered people under you from spillovers who will also pay you N12,500 each, into your bank account, making N50,000. You can also bring people to register under you if you can’t wait for the system to do it for you.

There is also the Givers forum (giversforum.net): is one of the top online money making Ponzi schemes in Nigeria just like MMM Nigeria, Ultimate Cycler, i-charity, crowd rising etc. With the increasing rate of new Ponzi schemes in Nigeria today, one can only imagine how long these schemes will trend on the web.

The domain “giversforum.net” was registered on 17th October 2016 and it is already the 47th most visited site in Nigeria as today, this goes to show how popular givers forum has become and it is the 4th most popular Ponzi scheme in Nigeria.

Also there is also Zar fund, founded by Hannes Jordaan, an online entrepreneur living in South Africa.

Zarfund help with direct funding for your financial needs.  With this program you are just a click away from financial freedom.