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SocialMediaTrends: Nigerians lament as another ‘ponzi’ scheme, 86FB, appears to have crashed

Ponzi Scheme

SocialMediaTrends: Nigerians lament as another ‘ponzi’ scheme, 86FB, appears to have crashed

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Nigerians have taken to social media to register their displeasure and to lament the crashing of 86FB investment platform where millions of naira seem to have been trapped.

Ripples Nigeria gathered that thousands of Nigerians invested their funds in the platform that claims to return 3% profit on the initial investment.

The juicy investment platform claims to be a global online gambling company based in London, England.

It was observed by Ripples Nigeria that 86FB was no longer paying investors on the platform, although the company is yet to admit the platform has crashed.

Many Nigerians have likened the investment platform to a ponzi scheme, especially as this is happening at a time that many persons have lost their monies to false promises by business owners.

Read Also: SocialMediaTrends: Nigerians mourn victims of illegal refinery explosion as mass burial planned for over 100

See how Nigerians are reacting:

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