AGAIN NIGERIANS LOSE MILLIONS OF NAIRA TO ANOTHER PONZI SCHEME PROMISING GOODIES

Lagos CP Hakeem Odumosu

Some residents of Ejigbo, a suburb in Lagos who fell for the antics of a new Ponzi scheme of some wheeling and dealing business men and women even after warnings are now regretting their gullibility.

The residents had heeded the call for investment in a ponzi forex system which promised a quadruple of their investment but were awfully disappointed.  

The controversial business men and women had rented an office on a popular plaza at Iyana Ejigbo, painted and furnished same with luxury same day, opened and employed many marketers.

With the name Forexcrow Services and registration number RC 2678868 boldly printed on the handbills, marketers most of whom were ignorant of the nefarious plans of the promoters led by a man named Mr. Martins invaded the streets of Ejigbo catching investors who hoped on the quadruple growth of their investment within a matter of days.

They also had promised bonuses of electronics, refrigerators and generators for big investors which became an added marketing incentive.

ECD reporters learnt that a mad rush for investment started and investors began hoping to get huge rewards.

In no time, Ejigbo market traders, artisans and allied workers continued to stream into the office with their cash earnings with hope of reaping the huge interests coming hopefully every four days. Some of them were eying the generator and the giant fridge.

 Even the marketers who were also promised goodies worked extra time. 

  

However the good times did not roll forever.

The ponzi people soon disappeared much sooner than they came with people's investments running into millions of naira leaving the community to lament their woes.

In the next few weeks following their disappearance, investors continued to storm the office but no one was there to answer them. Yet they also sneaked in days later to cart away their property from the rented office.

Some of the marketers who had brought in investors were also in big fix as their clients threaten brimstone.

One of them lamented how she invited three people to invest and the investors won't let her sleep. She first had to switch off her phone when the troubles became much. She was planning to take emissaries to her investors to negotiate her pay back plans. 
By Bamidele Alao