EFCC alerts Nigerians on 58 illegal Ponzi scheme operators
The Economic and Financial Crimes Commission (EFCC) has issued a public alert on 58 companies allegedly operating illegal Ponzi schemes across Nigeria. Ponzi schemes are fraudulent investment operations that promise big profits with little risk. They use money from new investors to pay off earlier ones, making it seem like the business is successful. However, […]The post EFCC alerts Nigerians on 58 illegal Ponzi scheme operators appeared first on Nairametrics.
