There are some ways you can identity all the ponzi schemes targeted at deceiving you into losing money. These are some of those ways.
Inasmuch as it is important for you to make investments in order to build your finances, you must be wary of Ponzi schemes, which would ultimately make you lose money

Extraordinarily high ‘guaranteed’ returns

Ponzi schemes usually offer abnormally high ‘guaranteed’ returns of more than 20 per cent per annum (or even more ridiculous — per month). The attractive returns are used to lure investors to invest in their products. However, there is no such thing as guaranteed returns in this world (even the money in your savings account can disappear if the bank goes bust). There is always some degree of risk to every investment.

If you think about it, if a company is able to promise investors 20 per cent returns per annum, this means that they have to generate returns higher than that to turn a profit. And if this company is able to generate annual returns above 20 per cent consistently, the owner of the company should already be one of the richest persons on the Forbes list.

Always be sceptical when schemes offer you abnormally high and consistent “guaranteed” returns.

Vague business model

Whenever you see a scheme that guarantees high returns, ask them just how they would be able to generate these returns if you were to invest with them. They would most likely tell you that the investment process is confidential and they cannot divulge the details. Then, how can anyone invest in a company if they don’t understand how the company actually makes its money?

Even if they do explain how they make the money, the business model is usually overly complex and hard for a normal individual to understand. The point is: don’t invest in a company where you don’t understand how they are going to generate returns for you.

Investment products are usually foreign

According to www.fifthperson.com, most Ponzi schemes’ investment products are usually based in places far away from where they raise funds. Investors who invest in such schemes are usually normal folks who do not have the time or money to fly overseas to conduct their due diligence on the products the company is selling.

Think about it: if an overseas investment is really that good, shouldn’t it have been bought up by local investors before it even reaches your country? The main reason many schemes raise funds in another country is usually because they are unable to sell successfully in their home country.

Sales personnel have attractive commissions

Sales personnel in Ponzi schemes are usually highly motivated to promote the scheme because their commissions are very lucrative.

Therefore, always find out what the sales personnel commission structure is like. If it is too high, it is usually unsustainable.

They are advertised as ‘risk-free’

If you are told that a particular product has “guaranteed” returns anywhere from 24 per cent to 100 per cent per annum, you should ask how the company is able to sell so many different products, and still generate such high and consistent returns for investors.

You should also ask them what the risks for the investments are.

Most Ponzi scheme operators would tell you that there are no risks. When you hear things like that, you had better run. All investments come with a degree of risk– it all depends on how you manage it. Since the sales personnel don’t even know what the risks are, what more do average folks know? There is no such thing as a risk-free investment. Simply avoid companies that tell you that their investment products have no risk.

The sixth perspective

While it’s easy to say the fault squarely lies on the perpetrators behind a Ponzi scheme, you only have yourself to blame if you invest in one. Instead, seek to increase your investment knowledge to prevent yourself from ever falling for such scams. Be sceptical of investments that are too good to be true, and always do your due diligence before investing in any investment products.

News Source : https://movicvibe.com/dont-be-fooled-anymore-check-out-how-to-identify-ponzi-schemes/

Some Nigerian celebrities have had serious issues with the law in the past. These are some of those celebrities.
This is a list of some celebrities who have had serious issues with the law…

1. Naira Marley
Upcoming musician, Azeez Fashola, popularly known as Naira Marley, courted controversy online and got blasted by fellow celebrities when he openly supported youths involved in online fraud commonly called ‘Yahoo Yahoo’.

Naira Marley, known for his hit single, ‘Issa Goal’, recently came under fire by renowned rapper, Ruggedman, for promoting Internet fraud in his music. Marley even made a song out of it which is currently trending and has gotten over a million views on You Tube.

That got the attention of both the public and law operatives, especially the Economic and Financial Crimes Commission, EFCC, who investigated him and preferred 11 charges bordering on fraud against him, including alleged credit card fraud. Naira Marley was arrested on May 10, 2019 alongside rapper, Zlatan Ibile, Rahman Jago, Guccy Branch and one other person.

Marley stands risk of spending 7 years in jail if found guilty in accordance with Section 33 (2) of the Cyber Crimes (Prohibition, Prevention, etc.) Act, 2015. Naira Marley pleaded not guilty to the cyber fraud charges pressed against him by the anti-graft squad. The judge adjourned till May 30 to take the bail application filed by the defense counsel, Taiwo Oreagba, on behalf of her client.

Following the court order, Naira Marley was led into the holding cell on the court premises by prison officials accompanied by policemen and EFCC officials. As it stands now, his reputation has been tainted and he’s being used as the poster boy for fraud. Cyber-crime is a serious issue in Nigeria and is something the government is actively tackling.

2. Davido
Hip Hop Star, David Adeleke, was definitely in big trouble with the law when three of his friends died consecutively in shady circumstances.

This was probably the biggest scandal that rocked the entertainment industry in 2017. Davido was invited by the police for questioning over the death of his friend, Tagbo. Also, Davido’s friend, DJ Olu, born Olugbenga Abiodun, son of an oil magnate, Dapo Abiodun and Chime Amechina were found dead in a BMW car in a garage on Banana Island, Lagos, shortly after Tagbo’s death.

Police said they must have died of an overdose of substances suspected to be hard drugs found in their car. It all started when actress, Carolina Danjuma wanted the singer to answer questions concerning the death of Tagbo. Caroline came up on Instagram that the late Tagbo Umeike was in the company of the Pop-star, Davido and friends when he died and she suspects foul play.

She accused Davido of dumping the body of his friend, Tagbo at the General Hospital in Lagos, after he allegedly died in his car. According to an alleged eyewitness, Davido and his friends started a drinking competition where the singer, Davido placed a price of N200, 000 and iphone 8 for the winner. Tagbo was said to have won the competition, consuming heavy shots of Tequila but failed to live to tell of his conquest.

Talks and allegations of Davido’s complicity in deaths began to spread like wildfire. Davido was eventually invited by the police when footage was released and the singer was seen among the last persons who saw Tagbo before his death. After a while, he was cleared of all the accusations by the then Commissioner of Police in Lagos State.

3. Burna Boy
Another big scandal in 2017 which finally ended with the police was the case of Abiye David Jombo, also known as Mr. 2Kay, who was allegedly robbed at gunpoint in his hotel room at the Eko Hotel and Suites, Victoria Island, Lagos, on October 22, during the Buckwyld ‘N’ Breathless concert, where he also performed, lost some valuable items to the attackers and was beaten to a pulp.

On November 20, 2017, the police announced that dancehall star, Damini Ogulu, also known as Burna Boy, was wanted for questioning over the Mr. 2Kay’s robbery incident. The police arrested four suspects including the road manager of Burna boy, Joel Kantiock. During interrogation, the robbers confessed that they were hired by Burna Boy through his manager.

According to the then Commissioner of Police, Lagos State Command, Imohimi Edgal, the suspects were paid N50, 000 before the attack on Mr. 2Kay and another N50,000 was paid directly by Burna Boy after the attack.

Also a screen shot of a chat conversation between Mr. 2kay and Burna Boy resurfaced, where the dancehall threatened to deal with Mr. 2kay over his comments on his tweet about beating up pastors. The conversation between the two acts allegedly happened 10 days before the Eko Hotel robbery.

Burna Boy later handed himself to the Nigeria Police Force over the robbery and assault on Mr. 2Kay after he was declared wanted. The singer handed himself to the Lagos Police Command on Friday, December 15, 2017, was later arrested on arrival, interrogated and detained and later released on bail.

4. Monalisa Chinda Coker
Popular Nigerian actress and producer, Monalisa Chinda Coker, may have gotten herself into trouble with the law concerning payment of tax. This is following allegations of tax evasion in which the Nollywood belle failed to pay income tax in respect of her company, Monalisa Code Productions.

The order which was made on January 21, 2019 by Justice Adedayo Akintoye came after an application by the Lagos State Ministry of Justice to the court on allegations that Coker had repeatedly failed to honour court summons. The continued absence of actress and producer, Monalisa at the court has led a Lagos High Court sitting in the Igbosere area to renew a bench warrant for her over allegations of tax evasion charge.

Justice Adedayo Akintoye renewed the order for Coker’s arrest following her failure to appear in court for trial, allegedly since 2017.

The judge adjourned further proceedings till June 5, 2019. According to the prosecution counsel, the defendant failed to file annual tax returns in respect of her company to the Lagos State Internal Revenue Service (LIRS) for six years, stressing that Monalisa Code Productions carries out its business from Lekki in Lagos State. The alleged offence, the prosecution said contravenes Section 94(1) of the personal Income Tax Act 2004 as amended and Section 5 of the Lagos Revenue Administrative Law of 2006

5. Yetunde Akilapa
This is probably the most embarrassing story of a celebrity getting involved with the police.

Yoruba Nollywood actress, Yetunde Akilapa has become a steady visitor to the most unlikely place for anyone, the police station. The actress has been accused severally for robbery and in most cases has been caught red-handed.

Her most recent episode with the police happened early in July 2018 when she was arrested after breaking into a house in an attempt to rob the occupants of the house. She was, however, caught and handed over the police.

6. Baba Suwe
Nollywood actor and veteran comedian, Alhaji Babatunde Ayinla Nurudeen Olasunkanmi Omidina, alias Baba Suwe was in the news for the wrong reason in 2011, following his arrest and detention by officers of National Drug Law Enforcement Agency(NDLEA) on the assumption that he was in possession of hard drugs believed to be cocaine.

Baba Suwe was picked up at the International wing of the Murtala Mohammed Airport in Lagos, by the NDLEA officials, while boarding an Air France flight to Paris, France. The scanning machine at the airport detected suspected substance hidden in Baba Suwe’s stomach, but the suspect was alleged to have denied that such drug was on his person.

A second scanning proved that he was carrying the said suspected substance and this led to his immediate arrest. He was forced to remain at the NDLEA office at the airport until he starts excreting the drugs but that didn’t happen.

For more than one month he was subjected to public humiliation and at the end of it all, the court vindicated him, and ordered that he be paid the sum of N25 million for his unlawful detention. It would actually appear that this sum has not been paid. He eventually lost right to the money.

7. Ibinabo Fiberesima
On February 26, 2006, former beauty queen and Actors Guild of Nigeria’s President, Ibinabo Fiberesima was driving along Lekki-Epe expressway when she lost control of the wheel and swerved into the inbound lane and rammed her car into Dr. Giwa’s, which resulted in his death. The deceased was a medical practitioner at the Lagos General Hospital.

Consequently, the actress was arrested and charged to court for manslaughter and reckless driving. She was convicted and sentenced to five years in jail by Justice Deborah Oluwayemi of a Lagos State High court in 2009. She was later granted bail following an appeal filed by her lawyer, Mr. Nnaemeka Amaechina.

However, a Lagos High Court, on March 11, 2016, dismissed Fiberesima’s appeal and upheld her five-year jail term. Fiberesima had earlier been awarded a N100, 000 fine by an Igbosere Magistrates’ Court, but the then Lagos State Attorney-General and Commissioner of Justice, Supo Sasore (SAN), felt unsatisfied with the judgement. This prompted the state government to take its case to the Lagos High Court.

At the Lagos High court, Justice Oluwayemi set aside the option of fine imposed by the Magistrates’ Court and sentenced Fiberesima to five years imprisonment for dangerous and reckless driving. The court held that the option of N100, 000 given to the convict did not serve the purpose of justice in the matter and subsequently ordered a refund of N100, 000 to Ibinabo Fiberesima.

She was however granted bail in the sum of ₦2 million and two sureties in like sum on April 7, 2016 by a Court of Appeal in Lagos pending the determination of her appeal at the Supreme Court. In an apology to the family and Nigerians, the 46-year-old actress insisted that she was not drunk on the day of the accident. The traumatised actress has continued to plead for forgiveness.

News Source : https://movicvibe.com/naira-marley-davido-check-out-the-nigerian-celebrities-who-had-serious-issues-with-the-law/

Nollywood actress, Tonto Dikeh put all the drama aside as she stepped out for church service today. The mum of one looked stunning in her traditional attire.

She wrote

Its Sunday let’s go give thanks to the lord for all he is!!We wakeup each day not knowing the battles he has fought for Us!!

News Source: https://movicvibe.com/tonto-dikeh-steps-out-in-style-for-church-service/

Nollywood actress, Regina Daniels has been traditionally inducted into the Otu-Udu Group as the customary ritual of Anioma community, confirming her marriage to billionaire politician Senator-Elect Ned Nwoko today May 26th in Anioma Community in Delta state, where her new husband hails from.

The ritual was conducted by elderly women from the community in presence of her mother. The Anioma induction tradition now gives the actress the right to enjoy all the privilege of a married woman.

The occasion of the induction ceremony is an age long tradition of initiation for newly married ladies into the women world of marriage.
The occasion was graced with high profile traditional personalities, high level delegations from the Niger Delta, first class royalties in Delta state and other distinguished public faces in the community.

Colleagues of Actress Regina Daniels in the Nollywood Industry, members of Coalition of Nigeria Entertainers and other celebrities which includes, Amb. Kenule Nwiya, Chinedu Ikedieze, Charles Inojie, Ejike Asiegbu, Sydney Sparrow, Vichiano, MC Bob, Shortcut, MC Papi, Movrine studios etc were all present at the induction ritual ceremony.


See more photos below...

https://movicvibe.com/breaking-regina-daniels-inducted-into-married-women-group-with-traditional-ritual-rites-in-anioma-as-wife-of-ned-nwoko-photos/

If you are single, there are many things that may attract you to a man or woman for marital relationship which have nothing to do with marriage, but you may be willfully ignorant of that. Here is the list of such things:

TALENTS
When you see a brother who can play musical instrument very well or a young lady or man who has a good voice, and you feel attracted to the person for marital relationship, now what does singing or musical instrument has to do with marriage? It is called the ignorance of the singles. You may not realize this until you get into marital relationship or you get married that you will know that what attracted you to the person in the first instance has nothing to do with having a successful marriage at all. That is one of the reasons celebrities marriages do not last, those talents are not really needed in marriage, only on stage. Then you will remember James 5:13, it’s when people are happily married that they appreciate their spouses singing melody to them, but if not, the voices and singing become ugly.

PHYSICAL ATTRACTION
This is very funny, but to many singles out there, it is not funny at all, it is rather a costly ignorance. When you are attracted to a man because he knows how to dress very well, or to a lady because she has straight legs, because the person is tall, slim, light skin or glowing skin, or because the person has good set of teeth, long hair, or has a good smile, you are under the influence of common single’s ignorance, because none of these things have anything to do with having a good marriage.

If you go into marital relationship or get married wrongly to a person because of physical attraction, when the agony of bad marriage overwhelms you, you will wish to use cutlass to cut off the straight legs or whatever that lured you to the person.

PHYSICAL BEAUTY
In the book of Proverbs 31: 30, the Bible says, “Charm is deceitful and beauty is passing, but a woman who fears the LORD, she shall be praised.” If you are single and you are still overwhelmed with single exorbitance, this Bible verse will not make any sense to you, you will feel like, “No oh, beauty is something to me o, I want to marry a beautiful woman, that is my longtime dream.” Or “I want to marry a handsome man; in fact I can’t marry less than that.” And you even quote Bible to back it up, that God gives good things to His children. You know what? To the single, beauty is something or everything, but to have a successful marriage, beauty is nothing.

If you see a beautiful lady or a handsome young man over there, and you are attracted to the person for marital relationship, because of the beauty, you know what? You are under the influence of single ignorance which will soon clear from your eyes when you get into it.

Physical beauty has nothing to do with a good or happy marriage. If physical beauty has anything to contribute to happy marriage, why do celebrities have more divorce rate? Why do most men with beautiful wives still cheat on their wives or abuse them physically or verbally? It is simply because physical beauty has nothing to do with having a good marriage, and just as the Bible says in Proverbs 31:30 that beauty is passing – meaning the impression that the beauty of person has on you will shortly pass away in marriage and you will face the reality.

FINANCIAL & MATERIAL INFLUENCE
If you marry somebody because the person is financially okay or has a good job or business, after you get married, you then realize that God had already destined you to be prospered on your own without the person, then you will wish you had married the right person and prospered together.

When you marry somebody because of their financial or material influence, you will not have respect of the person and you will not have rest of mind. Later you will realize that you could have made it richer without the person, that you could have married the poor but right person and make it together.

When you see a couple in a brand new latest SUV, wearing same designers, when you see a couple spending their vacation or summer in an expensive place outside the country, and you envy them and wish you have such marriage? What a fool! You don’t know that all those things have nothing to do with happy home. Money, materials and others have nothing to do with a good and godly home. For example, there is no amount of money your husband may have that can console you when you realize he is cheating on you.

When you marry a visionless rich guy that has a Television and ignore a visionary man without a Television now, then one day you will watch the visionary man on your husband’s TV. Also when you marry a wrong lady without the inbuilt capacity to support your vision, but because she is beautiful to behold, soon you will have no major project than to spend on her beauty with latest makeups.[b][/b]

Here is the complete 7 COMMON WRONG CONCEPTS AMONG SINGLES IN CHOOSING MARITAL PARTNERS. ���

News Source: https://movicvibe.com/7-common-wrong-concepts-among-singles-in-choosing-marital-partners/