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Fear Grips MMM Subscribers As Another Ponzi Scheme, Ultimate Cycler Crashes - Crime - Nairaland

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Fear Grips MMM Subscribers As Another Ponzi Scheme, Ultimate Cycler Crashes by OluwaAmebo: 1:24pm On Dec 03, 2016
One of the ponzi schemes in Nigeria, Ultimate Cycler has crashed, sending panic waves across many of its Nigerian members who have invested their money in it as well as those who have equally invested in others
such as MMM. The ponzi website, Ultimate Cycler went down early Thursday morning, specifically around 10:30am (Nigerian time), shutting out every member who owns an account with it. When accessed, the site initially displayed an error line of code, before displaying ”Error 500” in bold letters, then it proceeded to display another message: “ Be right back. We are currently updating the site to give you a more pleasurable experience and will be back online shortly. Our update estimation is to be complete over the next 6 –12 hours. Thank you, Peter Wolfing.”

Ultimate Cycler is a new ponzi scheme that followed MMM . This new money doubling scheme claims a promise of better returns on invested money than MMM. The hook for Ultimate Cycler is members get a return of N50,000 after paying N12,500 to a fellow member he or she registered under. As at the time of filing this report, the ponzi website has still not come to life. Dangers for members who have invested in it or others like MMM is that when such websites go down, chances are that it never comes up again and hence, “investors’” money goes with it. So, will Ultimate Cycler ever come back to life? This is question on the minds of every member.

SOURCE: http://www.amebosquare.com/fear-grips-mmm-subscribers-another-ponzi-scheme-ultimate-cycler-crashes/
Re: Fear Grips MMM Subscribers As Another Ponzi Scheme, Ultimate Cycler Crashes by Beesluv: 1:27pm On Dec 03, 2016
Their eyes will soon clear
Re: Fear Grips MMM Subscribers As Another Ponzi Scheme, Ultimate Cycler Crashes by Beesluv: 1:30pm On Dec 03, 2016
I pray some people will learn from other's experience and not theirs
Re: Fear Grips MMM Subscribers As Another Ponzi Scheme, Ultimate Cycler Crashes by HtwoOw: 1:57pm On Dec 03, 2016
Una never chichumchin
Re: Fear Grips MMM Subscribers As Another Ponzi Scheme, Ultimate Cycler Crashes by Mrdecent(m): 2:27pm On Dec 03, 2016
under maintenance ...it would bonce back quote me anywhere

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