“NNN is dead on arrival” – Nigerians wary of another ponzi scheme
MMM has crashed – that is no longer news. Since the scheme’s glorified return over a week ago, participants have increasingly found it difficult to get their monies back.
Frustration, anger, depression and aggression have characterised reactions from the scheme’s disciples since then.
Now, another ponzi scheme is staring Nigerians in the face in the form of NNN, which is being peddled on social media by its dubious advocates.
It is not debatable that NNN is sure to go the same route as MMM, and Nigerians are advised to stay clear.
The administrators of NNN have clearly warned prospective participants of its risk, displaying boldly on its website:
“There are no guarantees and promises! Neither explicit nor implicit.
“There are neither investments nor businesses! Participants help each other, sending each other money directly and without intermediaries. That’s all! There’s nothing more.
“There are no securities transactions, no relationship with the professional participants of the securities market; you do not acquire any securities. (Do you need them?
“There are no rules. In principle! The only rule is no rules. At all! Even if you follow all of the instructions, you still may “lose”. “Win” might not be paid. Without any reasons or explanations.
“And in general, you can lose all your money. Always remember about this and participate only with spare money. Or do not participate at all! Amen.”
A lot of reactions have begun to trail the new scheme, which dominated trends early Sunday morning.
An observer said the scheme is “dead on arrival”, and another, who couldn’t be bothered, queried: “Why are u guys disturbing us again with this ur #nnn_nigeria_ ?”
The effect of MMM’s crash hasn’t worn off thousands of its investors, as reports of discord in families and many more have been floating around.
A Twitter user made sure to point this out, writing, “please hold it, people haven’t recover from MMM yet.”
Many others shared his sentiment, and it appears Nigerians have learnt their lessons.
Possibly they want to recover their loss from MMM and The only way is to introduce #NNN_NIGERIA_
— Slim_rozay (@saleemsarki) January 22, 2017
Truth be to told, this #NNN_NIGERIA_ is DEAD ON ARRIVAL!
— DREAMCHASER! (@achemedez) January 22, 2017
#NNN_NIGERIA_ #NNN , #OOO , #419 or whatever you call yourself, money is scarce in naija. Please go else where. Thank you.
— #TBI (@babayotahir) January 22, 2017
Why are u guys disturbing us again with this ur #nnn_nigeria_ ?
— Sirponzy di de ponch (@Sirponzy) January 22, 2017
this #nnn_Nigeria_ thing ehnnn… some people will never learn. .. mtcheew
— ♥Temmy♥ (@arc_temmy) January 22, 2017
#NNN_NIGERIA_ so after mmm defrauded nigerians another one still emerges
— physicslectures.info (@SasuwaBlog) January 22, 2017
#NNN_NIGERIA_ please hold it, people haven’t recover from MMM yet
— Hon. Childerstone (@Childerstone1) January 22, 2017
Ha! Which one be NNN again biko?get money Now Now Now? Please be careful Nigerians o! #NNN_NIGERIA_
— Jane Meadows (@jfomeadows) January 22, 2017
This one observer however disagrees, citing hardship in the country as a reason ponzi schemes must continue to exist.
#NNN_NIGERIA_ almost 70% of those calling for the closure of these ponzi schemes are actually in it_the country is hard, suck it Up #Buhari
— RaNsOmE (@AuGuSt_RaNnY) January 22, 2017