The internet, particularly Facebook has been on hearth for days now.

This comes after alleged Ponzi scammers Ovaiza, Chinmark, Barimike and others have been uncovered.

The scammers allegedly defrauded Nigerians to the tune of billions of Naira.

It’s pertinent to notice that this isn’t the first time Nigerians are falling for Ponzi scams. The likes of MMM, Swiss Golden and others have ripped Nigerians billion of {dollars}.

Nigerians will continue to fall for Ponzi schemes and right here is why;

The Ponzi mentality pervades Nigerian society. It’s disgusting how Nigerians see on-line companies as scam and then see the actual scam as a legit enterprise. Due to this, Nigerians will proceed to fall for Ponzi schemes.

A few of them are just too lazy to get their process completed. They need a scenario the place they’ll put of their cash, after which fall asleep anticipating it to multiply by itself.

“Bring 25k, acquire 50K in 20 Minutes” is a ploy they’ll always fall for. They lack the power to attend, study, and be constant. That’s why if they don’t see end result for one week or two weeks, and even 1 month, they tag that enterprise scam.

Because of this, a positive frame of mind is vital in enterprise. The Ponzi mentality is sadly prevalent among a few of our nation’s younger folks.

What do you think?

Right here Is Why Nigerians Will Continue To Fall For Ponzi Scams

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