Two professors, a retired Army colonel and a co-operative society have been identified as leading victims among others who fell for a ponzi scheme that has...
Access Holdings Plc has dissociated itself from Access Capital Daily Investment, an online investment platform that crowdfunds from members of the public and promises “fictitious but...
A businesswoman, Chinyere Emeka-Atu, has been accused of defrauding traders and market women of over N600m in Lagos State through her Ponzi Scheme It was gathered...
The House of Representatives has passed a bill for the second reading, recommending a 10-year prison sentence for operators of Ponzi and pyramid schemes such as...
The Securities and Exchange Commission (SEC) has warned Nigerians against investing in FinAfrica Investment Limited and Poyoyo Investment Nigeria Limited (PILVEST). SEC in a statement issued...
MMM, other ponzi schemes cost Nigerians N18bn – SEC Over three million Nigerians have lost about N18 billion through Ponzi schemes, the Securities and Exchange...
