NIGERIANS AND THE PONZI SCHEME PART 1

What is (HYIP)high-yield 

Investment program(HYIP) is a type of Ponzi scheme, an investment scam that promises unsustainably high return on investment by paying previous investors with the money invested by new investors. Most of these scams work from anonymous offshore bases which make them hard to track down
A Ponzi Scheme is a fraudulent investment plan that promises investors very high returns usually in a short period of time.  A ponzi resembles a pyramid scheme where funds from new investors are used to pay the old members.
Currently in Nigeria there are over 20 HYIP ponzi schemes . Very close to the end of last year when MMM Nigeria went on break or pause mode, then many people started coming up with different Ponzi scheme and many Nigerians are becoming victims day by day many site will just open for one week other a month some  even days and shut down there site. Only few of these scheme have lasted for over 3 months now.

Those that have been able to sustain there scheme over the period of over 3 months are.

1. NNN Nigeria, it is just typical example of MMM with little modifications to attract membership

2. Get help worldwide, this is exactly replicate of MMM with the same percentage and maturity period but little registration bonus

3 Help givers community. This scheme started some time late last year and went on break and now back again at the end of January. Hope they will not crash.

4. Giveraforum, this is another ponzi scheme that started last year but still  Finding it difficult to make lime light they always having issue of hacker, so to speak by them. Just of recent launch another site to continue there business.https://www.blogger.com/blogger.g?blogID=1661227070168387353#editor/target=post;postID=3764061965624324849;onPublishedMenu=allposts;onClosedMenu=allposts;postNum=0;src=link

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