When it comes to investment that has 20% ROI or more, Nigerians deon't joke with it. They are all ready to invest with their whole money and still borrow money to join(invest). What mads me is the way scams and Ponzi schemes is been promoted on social media by so-called influencers making their followers invest without proper research.
Nigerians are easily carried away when it comes to Ponzi schemes. That's why the majority falls easily to scam. I thought the issue of MMM has thought us a big lesson, I don't know so many people are yet to learn from the experience.
Are you saying Nigerians do not learn lesson from MMM, that will be bad. People like money, young ones will grow and be the next victim js one reason scam continues but not only reason.
I don't think they do. The MMM Ponzi scam happened in 2017 and millions of people fall victim to it. Which I did. Since then, I swear never to get myself involved in any Ponzi scheme no matter how promising it is.
Concerning the young ones that you mention, won't they be enlightened to research before investing in any platform? People liking money are only greedy for money that why they fall victim to scams.
I am get you right, what I am saying is people that do not have the exposure can be scammed. It can be new people or old people but just that some new people do not have the knowledge about scam. Greed is not only cause scam to happen to someone, even someone with greed but that have the knowledge that this is a scam can avoid scam. Ponzi is easy to know.