Before you fall a victim of another Ponzi scheme

Residents lose N5bn to Ponzi schemes in Ebonyi

Barely three years after losing millions of naira to several Ponzi schemes with many yet to recover, a similar peer-to-peer pyramid scheme is gradually gaining traction among young Nigerians, named LOOM. Organizers of the Ponzi scheme are requesting for as low as N1000 or N13,000 with a promise of 8

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