LAGOS FEBRUARY 14TH (NEWSRANGERS)-What was anticipated to be the best of Yuletides soon became a gloomy one in 2016, as hopes of millions of Nigerians, including celebrities’ dreams of earning returns on investments, were shattered after Mavrodi Mundial Moneybox (MMM), by far the largest Ponzi scheme ever recorded in the country, announced that it was…
LAGOS MAY 29TH (NEWSRANGERS)- The Economic and Financial Crimes Commission (EFCC) has arrested Amos Olugbenga Olaniyan for allegedly defrauding people of more than N128,000,000 in a fraudulent investment scheme. EFCC spokesman, Wilson Uwujaren in a statement said Olaniyan was nabbed following series of complaints. The petitioners alleged that Olaniyan, through his company, DHIL Nigeria Limited,…
LAGOS JULY 28TH (NEWSRANGERS)-A new ponzi scheme with the name “Sureincome” has emerged online to defraud people of their hard earn money. This new ponzi scheme called ” Sureincome “, was created by some fraudsters to scam people their money. This ponzi platform was created on 25th of July 2020, for participates to invest and…
LAGOS FEBRUARY 6TH (NEWSRANGERS)-An undergraduate of the Federal University of Agriculture, Abeokuta (FUNAAB) has duped his colleague, professors, lecturers of six billion naira in a forex scam gone wrong. Mr. Nwabuba Victor Ifeanyi of Vickson enterprise, runs a forex investment scheme that attracts investors to receive 20% of their money back after 2-weeks of investing….