Remember that MMM recently went
under and froze monies in the scheme for a month while for Ultimate Cycler, its website which crashed some weeks back has just
been trying to bounce backs a few hours ago since its return, has been trying to
pair participants up in its circle.
So aside MMM and Ultimate Cycler,
here is a list of 5 Ponzi schemes trending among young adults in Nigeria.
Zar fund (zarfund.com)
Like every other Ponzi scheme, Zar
fund is also a network based which operates on new members pay their referral
in form of donation to participate in the scheme. The scheme is based on
6-level stage per month.
Members make donations and receive
donations via Bitcoin and must own a Bitcoin wallet where you can receive and
collect your funds.
Zarfund which scheme was founded by
Hannes Jordaan, an online entrepreneur living in South Africa is a matrix
program model is forced to 2×6 structure, which works only with Bitcoins.
It is the 3rd most popular Ponzi
scheme in Nigeria, and ranked as the 37th most visited website in Nigeria as at
press time.
Givers Forum (giversforum.net)
It operates just like MMM where one
participant asks for help, another one helps. Givers forum was registered on
October 17 and was already the 47th most visited site in Nigeria as at press
time.
Once
you state the willingness to donate your account will be rewarded with the same
amount you pledged. Your money will start growing from the moment of offering
the contribution at the rate of 10% per week with other bonuses which grows
every day.
Like MMM, failure to provide help
within 48 hours during the week and 96 hours on weekends, will get you kicked
out of the system.
Icharity (icharity.club)
International Charity Club (iCharity
Club) like other money doubling schemes is a network based and a peer-to-peer
donation platform.
You register, donate to your upliner
and become a Grade 1 Member in the system. The system will then find 5 Free
Members and they in turn donate to you. Simple as ABC.
It is currently ranked 71st most visited
website in Nigeria on Alexa.com.
Crowdrising (crowdrising.net)
New in the game, a good thing about
Crowd rising is that it can be used by fundraisers, such as for charities,
schools, clubs, churches, non-profits, family, and personal financial needs
etc.
Donations are not collected by the
administrator, nor are they automated by the system, rather donations are sent
directly and personally from one member to another.
It is ranked 143rd most visited site
in Nigeria.
Get Help Worldwide
(gethelpworldwide.com)
With Get help worldwide donations
grows by 30 per cent if in local currency or 50 per cent if in Bitcoin in 30
days.
The scheme is however new in the
game as well but it ranked as the 201st most visited website in Nigeria.
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