Why Nigerians Keep Falling Into Get-Rich-Quick Traps
Update: 2025-04-16
Description
Thousands of Nigerians have been scammed by a digital asset platform that promised quick returns but vanished with over ₦1.3 trillion of investors’ money.
Despite repeated warnings, many still fall for Ponzi schemes driven by desperation and flashy social media promotions.
In this episode of Nigeria Daily, we hear from a victim and experts who explain how to identify scams and invest safely.
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